Real Estate

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

LANTERN GOES TO COURTHOUSE SALE

Posted on June 8th, 2016 by Clyde Mooney
ASX-listed Lantern Hotel Group has put to market yet another pub asset, as it restructures its portfolio to focus on core business in the Sydney metro. The Cairns’ Courthouse Hotel is an “institution” in the north Queensland regional city, being

PJs LEICHHARDT SOLD FOR $14.5m TO NEW OLD PUBLICAN

Posted on June 6th, 2016 by Clyde Mooney
PJ Gallaghers Leichhardt has sold between well-known publicans, as national assets and values see more businesses heading to the pub. The partnership of Patrick Gallagher and John Daly that resulted in a prominent corner pub becoming PJ’s Leichhardt, has divested

NEW SYNDICATE GRABS THOMAS’ TREETOPS PUB FOR $20m

Posted on June 3rd, 2016 by Clyde Mooney
A new pub syndicate led by well-known hotelier Peter Ashelford and Sydney Roosters chairman Nick Politis has snapped up the Thomas’ Treetops Tavern on the Gold Coast for $20 million. The Treetops occupies a prominent 7,000 m² site in the

COLES-TENANTED HOTEL AND BIG-BOX SELLS FOR $15m

Posted on June 3rd, 2016 by Clyde Mooney
The Coles-tenanted Redcliffe Tavern and adjoining 1st Choice freehold has sold to a private investor for $15 million. The 2,498 m² site, with frontage to both John Street and Anzac Avenue, Redcliffe, contains the freestanding tavern and big-box retail liquor

SCRUFFY MURPHY’S & CO SET TO MAKE BIG HOTEL DEVELOPMENT

Posted on June 1st, 2016 by Clyde Mooney
Sydney stalwart Scruffy Murphy’s Hotel has come to market along with surrounding blocks, representing a big hotel opportunity for the Haymarket site. With a view to large-scale development, the properties at 43-49 and 51-53 Goulburn St and 698-704 George St

COAST HOTEL ‘SET TO BE BEST’ HITS MARKET

Posted on June 1st, 2016 by Clyde Mooney
A prime Central Coast venue has hit the market, offering a large-format hotel with amazing views and a colourful history. The Coast is located on Iguana Wharf at Gosford, surrounded by water and adjacent to the Pacific Highway and 50,000