Real Estate

LANTERN JUMPS TO CONCLUSION WITH GENERAL SALE

Posted on February 10th, 2017 by Clyde Mooney
Preceding its final sale campaign announcement, Lantern has revealed divestment of the last asset in its portfolio, Sydenham’s General Gordon Hotel, for a super-premium $18.1 million. The General has bypassed a public sale process and been bought by an unnamed

PELATHON LISTS PENRITH’S TATTERSALLS

Posted on February 10th, 2017 by Clyde Mooney
Pelathon Management Group has listed Penrith’s Tattersalls Hotel, offering major upside potential in the western Sydney hub as local Government stimulus plans take root. Located 50 kilometres inland of the Sydney CBD, Penrith is a cornerstone of the greater west,

CLUBS COMPETE TO BUY JUNCTION CLUB PUB

Posted on February 10th, 2017 by Clyde Mooney
The Junction Club pub has been sold by one Victorian racing club to another, heralding wins for hospitality in the north Melbourne precinct. The Victorian Harness Racing Club, headquartered in Melton, has divested the Junction and its 80 EGMs to

SINGO AND DIXON’S MARLBOROUGH HOTEL SALE NOW CONFIRMED

Posted on February 8th, 2017 by Clyde Mooney
Making the most of a booming market, Singleton, Dixon and Carnegie’s Australian Pub Fund and Riversdale have officially listed the large-format Marlborough Hotel. Maintaining their M.O. of business mixed with flare and media management, the high-flying names behind the Australian

BURFORD LISTS MEREWETHER BEAUTY BURWOOD INN

Posted on February 8th, 2017 by Clyde Mooney
Newcastle identity Ian Burford is part of the leap into 2017 pub sales, offering up his alluring Burwood Inn to the growing pool of value-hungry hotel buyers. The Burford family bought the Merewether pub in 2009 and meticulously updated and

BEACH HOTEL & SUPERMARKET FREEHOLD SET TO ENTICE

Posted on February 8th, 2017 by Clyde Mooney
By Chris Kirby-Ryan Right across from the South Melbourne Beach on the Beaconsfield Parade, Albert Park, the Beach Hotel is popular with locals and tourists alike for its vibrant atmosphere and picturesque views across Port Phillip Bay. Having been a

POSTMAN’S TAVERN RETURNS TO MARKET PENDING RETIREMENT

Posted on February 6th, 2017 by Clyde Mooney
A long-term hotelier is hanging up the bar mat, listing his Postman’s Tavern ahead of pending retirement. Located on a 692 m² corner site with street frontage on three sides, the imposing Postman’s is a landmark in the Nowra region,

REVERENCE HOTEL FREEHOLD SALE MAY END ANOTHER OLD MUSIC PUB

Posted on February 6th, 2017 by Clyde Mooney
The procession of Melbourne pubs under threat of redevelopment continues with the freehold sale of Footscray’s home of live music, the Reverence Hotel. After years playing host to hundreds of independent and up-and-coming bands, the pub may be demolished to

NORTH COAST IVORY TAVERN GOES TO LAWLESS

Posted on January 30th, 2017 by Clyde Mooney
Sydney hotelier Brendan Lawless is following the money, purchasing Tweed Heads beauty the Ivory Tavern – with options. Lawless Hotels is expanding on its NSW north coast operations with the Ivory, having bought Mullumbimby’s Middle Pub in 2013 from Redcape,

BEST BEER GARDEN PUB HITS MARKET

Posted on January 30th, 2017 by Clyde Mooney
One of Melbourne’s best beer gardens and Fitzroy favourite has reluctantly come to market amid good trade but changing circumstance. Industry veteran Sam Silva is divesting his hugely popular Fitzroy Beer Garden after the unfortunate passing of his business partner.