Real Estate

GAVRILLIS EXIT SEES KEMPSEY HOTEL FOR SALE

Posted on June 29th, 2016 by Clyde Mooney
After 30 years running the Hotel Kempsey, the Gavrilis family has listed the historic property ahead of plans to exit the pub business. The Gavrilis family took on the 1880s pub in 1987, and has been proudly keeping it “all

REILLY’S SYDNEY PARK “PUB” SECRET OUT

Posted on June 27th, 2016 by Clyde Mooney
After weeks of speculation, Ray Reilly has revealed his successful purchase of the Sydney Park Hotel, and says first and foremost it will “remain a pub”. Reilly is the owner-operator of inner-west mecca The Henson, in nearby Marrickville, and recently

FOODIE WEAPON FOR SYDNEY PUB KEEPING UP WITH TIMES

Posted on June 27th, 2016 by Clyde Mooney
Abbotts Hotel Waterloo has quietly unveiled a renovation and foodie drawcard owner Bill Smith has aimed at the “sweet spot” for pubs, in the moving target of patron expectations. The relentless march of the foodie to re-invented gastro pubs has

CLUB HOTEL JOINS BUNDABERG ASSET MARKET

Posted on June 24th, 2016 by Clyde Mooney
Hot on the heels of Lantern’s testing the waters in Bundaberg, popular local The Club Hotel has turned up to offer buyers choice and scale in the blossoming Queensland market. Club Hotel occupies a 1,091 m² site in Bundaberg, boasting

LAZARUS SNAPS UP ANOTHER LANTERN PUB

Posted on June 22nd, 2016 by Clyde Mooney
Lantern’s divestment and turnaround marches on, with Sydney-based hotelier Andrew Lazarus snapping up the Beaumont Exchange for a tidy sum. Located in one of the best regions of NSW’s second-largest city, Newcastle, the Exchange is a diverse business with significant

SALE COULD SEE NEW LIFE FOR IMPERIAL HOTEL

Posted on June 20th, 2016 by Clyde Mooney
One of Tamworth’s favourite watering holes has hit the market, with the vendor hedging bets on the future of the local landmark. Tamworth has a population around 48,000, and is located mid-way between Sydney and Brisbane. It is home to

HISTORIC FRASER COAST PUB ON MARKET

Posted on June 20th, 2016 by Clyde Mooney
Maryborough historic Engineer’s Arms is up for sale following an extensive restoration by former local Councillor Anne Nioa. Maryborough is just south of Hervey Bay, and home to the ‘World’s Greatest Pub Crawl’, attracting thousands of locals and visitors to

LANTERN EXITS SUNSHINE STATE

Posted on June 17th, 2016 by Clyde Mooney
ASX-listed Lantern Hotel Group reports it is on track to turn around, now listing its final Queensland pub as per its strategic divestment of non-core assets. Last week it put to market its freehold interest of Cairns’ iconic Courthouse Hotel,

ALE REVEALS LATEST PORTFOLIO VALUATION JUMP

Posted on June 17th, 2016 by Clyde Mooney
The original ALH landlord has posted its half-yearly property results, demonstrating why the hotel market continues to attract hungry investment. Listed entity ALE (ASX: LEP) reports the value of its portfolio of 86 freeholds grew by a healthy 10 per

BYRON ‘TOP PUB’ LOOKS TO FETCH $70m+

Posted on June 15th, 2016 by Clyde Mooney
Byron Bay’s juggernaut ‘Top Pub’ has hit the market and tight investor yields could see it fetch over $70 million. The Beach Hotel is possibly Australia’s ultimate beach hotel, located on 4,585 m² offering ring-side views of Byron Bay’s picturesque