Real Estate

BEACHSIDE HOTEL HITS MARKET IN BEAUTIFUL SCARBOROUGH FAIR

Posted on April 15th, 2016 by Clyde Mooney
The idyllic beachside Indian Ocean Hotel has hit the market after 30 years’ operation by a local family. Following the passing of the father and long-time publican, his sons determined the best way forward was sale through independent managers and

RAY REILLY TO SELL SURRY HILLS STALWART

Posted on April 13th, 2016 by Clyde Mooney
After nearly two decades and “a very emotional decision” Ray Reilly is parting with his beloved Surry Hills stalwart, Trinity Bar. Located on Crown Street in the heart of city-fringe Surry Hills, Trinity Bar is a local favourite bought by

COLES INVESTMENT PUB ON OFFER BY HPI

Posted on April 13th, 2016 by Clyde Mooney
Australia’s most dynamic pub real estate investment trust is offloading one of its prime Coles-tenanted assets while the investor market runs hot. Hotel Property Investments (HPI) is the ASX-listed REIT (Real Estate Investment Trust) that was spun out of the

MELBOURNE PUB FREEHOLDS SETTING NEW RECORDS

Posted on April 13th, 2016 by Clyde Mooney
As the hotel sector continues to shine amongst investment options, Melbourne CBD commercial real estate is seeing unprecedented yields on strategic properties. Luxury car dealer Bobby Zagame has divested another A-grade freehold at a bustling auction last Thursday. The Marine

LANTERN STREAMLINES FURTHER, LISTING HIGHLANDS LANDMARK

Posted on April 4th, 2016 by Clyde Mooney
The ASX-listed Lantern Hotel Group has listed another “non-core asset” as it executes plans to overhaul its disjointed portfolio. Situated on a prominent corner in the heart of Bowral, the largest town in the NSW Southern Highlands, the Bowral Hotel

$15m FOR BROOKVALE HOTEL SELL-OFF

Posted on March 30th, 2016 by Clyde Mooney
The Kelly family’s plan to subdivide and sell off the rear of the Brookvale Hotel has resulted in a developer paying $15 million for the northern Sydney block. The Kelly’s own a number of hotels in Sydney, and several years

HUNT HOTELS SNAGS OPPORTUNITY IN HUNTER

Posted on March 23rd, 2016 by Clyde Mooney
Much lauded and super-fit hotelier Stephen Hunt has unveiled to PubTIC plans for his latest acquisition in one of NSW’s growth corridors. Located on a busy intersection of the New England Highway, on tourist route A43 out of Newcastle, the

REDCAPE PUB INVESTMENT GOES TO MARKET

Posted on March 18th, 2016 by Clyde Mooney
The freehold interest of Redcape’s Cedars Tavern has hit the market as the owner looks to expand his operational portfolio. Amid a distinct shortage of such freehold investments, the sprawling 12,010 m² plot in Emerton houses the top-50 gaming pub

INNER-WEST SWANSON HITS MARKET AS BALMAIN EXPANDS

Posted on March 16th, 2016 by Clyde Mooney
Balmain Pub Group is divesting its popular Erskineville pub as it looks to further large-format venues for its growing portfolio. The listing of the Swanson Hotel comes as Sydney’s inner-west continues its emergence as the food & bev hub of

KEYSTONE TO OFFLOAD CARGO IN CHANGE OF TACK

Posted on March 14th, 2016 by Clyde Mooney
Keystone continues its directional shift, with the listing of the iconic Cargo Bar in Darling Harbour. Following unsolicited approaches for the Newtown Hotel, Cargo Bar and its sister venue Bungalow 8, The Keystone Group (TKSG) underwent a strategic review that