Real Estate

WAUGHS LIST BIG-SYDNEY FORBES WITH PLANS

Posted on October 21st, 2016 by Clyde Mooney
The five-level Forbes Hotel on York Street has come to market looking to be the next entertainment and dining hot-spot in the heart of Sydney’s CBD. It was until late 2014 under lease to Iris Group, before Waugh Hotels took

CAMPION WINS RACE TO LANTERN’S COMMODORE

Posted on October 19th, 2016 by Clyde Mooney
Lane Cove stalwart Graham Campion has emerged as the big-ticket buyer of Lantern’s Commodore Hotel, picking up his coveted second pub for a cool $14.5m. Listed pub group Lantern (ASX: LTN) put the McMahon’s Point beauty up for grabs last

GOING, GOING? GONE: CAIRNS PUBS COGNIZANCE

Posted on October 17th, 2016 by Clyde Mooney
Amid massive local development, Cairns’ Grand Hotel has hit the market, the Courthouse is being courted by Council, and a new team sign for the Cape York. Occupying 2,035 m² on a prominent corner in the heart of town, the

THE AUSSIE TO AUCTION AS HUSBAND & WIFE RETIRE

Posted on October 14th, 2016 by Clyde Mooney
Historic Queenslander The Australian at Gympie is up for sale, as husband and wife owners call time on their “old-style” pub. The first Australian Hotel built on the corner of Apollonian Vale and Lady Mary Tce was in 1873, with

USHERS MOVE INTO ST KILDA PUB CELEBRITY

Posted on October 12th, 2016 by Clyde Mooney
The famous Hotel Barkly has sold to husband and wife operators Dragon’s Door P/L and will continue its key role in St Kilda’s renaissance. [caption id="attachment_7537" align="alignright" width="312"] Mick Malloy and friends at the Hotel Barkly[/caption] The 1853-built Hotel Barkly

CALLIGEROS & CO. TO SELL TOP-10 ACACIA RIDGE HOTEL

Posted on October 5th, 2016 by Clyde Mooney
Peter Calligeros and Stephen Farley are releasing the massive Acacia Ridge Hotel to a hot Sunshine State market. After landing the trophy asset in mid-2014, business partners Calligeros and Farley have executed a calculated makeover and refresh of the business

TERMINUS ‘GHOST’ PUB TO LIVE AGAIN

Posted on October 5th, 2016 by Clyde Mooney
Sydney’s time-capsule Terminus Hotel is preparing to reopen, after 30 years of slumber. The Federation style pub on Harris Street, Pyrmont ceased trading in 1986 when the enigmatic Isaac and Susan Wakil purchased and promptly closed it. It has remained

LANTERN TAKE ‘BEST OFFER’ FOR CENTRAL QUEENSLAND PUB

Posted on September 30th, 2016 by Clyde Mooney
Lantern has taken the money and run, “meeting the market” for the deeds on its Bundaberg freehold to complete the exit from Queensland. In June, ASX-listed Lantern (LTN) listed the freehold going concern of the Central Hotel, Bundaberg, in a

SOLOTEL GETS $60m FOR ALBION HOTEL LANDMARK

Posted on September 28th, 2016 by Clyde Mooney
Bruce Solomon’s Solotel has achieved its second big-ticket sale and lease-back, settling on a bid of $60 million for the land holding of its Albion Hotel in Parramatta. The generous 3,135 m² block on the corner of George and Harris