Real Estate

NEW OWNER NEW BEGINNING FOR ENIGMATIC TERMINUS HOTEL

Posted on April 27th, 2016 by Clyde Mooney
One of the most intriguing hotel sales of recent times has concluded, with Pyrmont’s long-vacant Terminus Hotel selling for around $5 million. [caption id="attachment_5367" align="alignright" width="315"] © 2015 Mark Merton Photography[/caption] The heritage-listed Federation style building sits quietly on the

GOLD COAST LANDMARK PUB SELLS AMID ‘TRADING UPLIFT’

Posted on April 20th, 2016 by Clyde Mooney
Gold Coast gold mine Melba’s on the Park has sold for a sunny $12.5 million to former Sydney publican Bob El’s Leda Holdings. Vendor George Fleming had owned the Gold Coast institution for several years, and executed a massive reinvigoration

OUTBACK ICON PUB FOR SALE – INCLUDING BRAS AND KNICKERS

Posted on April 20th, 2016 by Clyde Mooney
One of Australia’s most famous outback pubs is for sale, boasting a 600-kilometre patron catchment and a room full of ladies’ underwear. Daly Waters was once Australia’s piece of the Wild West, with its history of murders and shootouts in

AUSTRALIA’S BIGGEST PUB TO GET MUCH BIGGER

Posted on April 15th, 2016 by Clyde Mooney
After five years’ negotiation the ‘biggest pub in Australia’ has begun plans to get much bigger. The Comiskey Group launched the magnificent Eatons Hill Hotel in 2011 to widespread acclaim. Occupying a large chunk of a six hectare block just

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