Real Estate

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

HIBERNATING PYRMONT PUB COULD AWAKEN AFTER DECADES

Posted on March 9th, 2016 by Clyde Mooney
What could be Sydney’s “most intriguing hotel” has been listed for sale, after laying dormant for 32 years. Located on a prominent corner on what was the last stop on the old tram line out of Sydney, the Terminus Hotel

MELBOURNE METROPOLITAN GEM HITS THE MARKET

Posted on March 9th, 2016 by Clyde Mooney
A high-profile Melbourne CBD freehold has hit the market, boasting a triple-frontage and big potential as a pub or mixed development. The historic Metropolitan Hotel is on the busy corner of William and Lonsdale Streets, opposite the Mint, and close

MAY BUYS BURLEIGH HEADS BEACHFRONT PAVILION

Posted on March 9th, 2016 by Clyde Mooney
Colourful hotelier Ben May has partnered with his Manly Wharf landlord Robert Magid to buy iconic beachside property The Burleigh Pavilion. One of Australia’s only absolute beachfront premises, the Burleigh Heads building currently houses the Rick Shores bar-restaurant, Oskar’s Restaurant,

GALLAGHER PARTNERSHIP SELLING PJ’s LEICHHARDT

Posted on March 7th, 2016 by Clyde Mooney
The landmark PJ Gallagher’s Leichhardt has hit the market, as thirsty investors await the continuation of the 2015 bumper year in pub real estate. Prompted by their own craving for expansion, the partnership of Patrick Gallagher and Jack Daly have

ZAGAME’S ALH PORTFOLIO BOUGHT FOR $75m

Posted on March 2nd, 2016 by Clyde Mooney
The Charter Hall and Hostplus alliance has struck again, snapping up Bobby Zagame’s portfolio of ALH freeholds for $75 million. Continuing the goal of the companys’ current vehicle – the second round of the Long WALE Investment Partnership (LWIP2) –

PUB BARON LAUNDY ASSUMES $60m CENTRAL COAST CROWNE

Posted on February 26th, 2016 by Clyde Mooney
Australia’s pub baron has pulled a trifecta, snapping up his third Central Coast hotel this month for nearly $60 million. The Crowne Plaza Terrigal is the biggest hotel on the Central Coast, occupying over 9,000 m² of beach frontage. It