Real Estate

RYANS DRINK IN THE TEA GARDENS

Posted on August 23rd, 2024 by Clyde Mooney
John Purkis and family have passed the reins of the landmark Tea Gardens Hotel in Bondi Junction to Ryan hotel dynasty principals John and Sally Ryan. Purkis bought the big multi-storey Art Deco hotel mid-2014 from Aussie Leisure Group, but

NEW UNIVERSAL SEES NEWTOWN TO MARKET

Posted on August 21st, 2024 by Clyde Mooney
Continuing its portfolio shake-up, Universal Hotels is selling the Newtown Hotel in Sydney’s inner west, meeting the surging market for high cashflow operations. Well located at the gateway to the famed and vibrant King Street retail and entertainment strip, the

FORMER KIRRIBILLI CLUB FOR SALE

Posted on August 21st, 2024 by Clyde Mooney
The site of the failed, former Kirribilli Club is being offered for sale, presenting opportunity for a revised offering to capitalise on its north shore location and sweeping harbour views. Lot 1 at 11-23 Harbourview Crescent in Milsons Point spans

PARRAMATTA’S CROWN SEEKS A MONARCH

Posted on August 18th, 2024 by Clyde Mooney
Receivers have listed high-profile pub development play the Crown Hotel in Parramatta, offering a suite of opportunities for the right player. Crown Hotel, at 295 Church Street, is on a large 1,075sqm site with 35 metres of frontage on Parramatta’s

AVC SECURES FUTURE IN AIRLIE BEACH

Posted on August 16th, 2024 by Clyde Mooney
Australian Venue Co has doubled down on its investment in town with a partnership acquisition of the windswept and interesting Airlie Beach Hotel, in association with restorative owner-operator Mick McFie. Occupying a generous lot just metres from the destination Whitsundays

BAYSIDE BRIDGE TO MARKET

Posted on August 14th, 2024 by Clyde Mooney
Prized waterfront icon the Bridge Hotel of Mordialloc has officially been listed for sale, offering a trophy asset in the southern capital. While the current two-storey structure was built 1870, a hotel has been on the site since circa 1851,

FORBES GOLF & SPORTSMANS ON PAR FOR HANDS-ON OPERATOR

Posted on August 14th, 2024 by Clyde Mooney
The Forbes Golf & Sportsmans Hotel, overlooking the idyllic Forbes Golf Course, is for sale by private owners. Forbes is a vibrant town in NSW’s central west on the banks of the Lachlan River, about 380 kilometres west of Sydney, counting local

PUB KING TAKES ON THE LORD

Posted on August 12th, 2024 by Clyde Mooney
One of Sydney’s oldest and most beloved pubs, home of the first pub-brewery, the Lord Nelson in The Rocks, has been bought by pub king and brewer of late, Arthur Laundy. Landmarking the corner of Kent and Argyle Streets, the

FRIEND IN HAND LOOKS FOR A NEW MATE

Posted on August 9th, 2024 by Clyde Mooney
City-fringe companion the Friend in Hand of Glebe has returned to market, as Marcello Colosimo’s Momento maintains impetus on its north-west expansion. The corner local keeps a large trading footprint and revenue-producing space across two levels. It saw an extensive

UNIVERSAL CATCHES AN EVENING STAR

Posted on August 7th, 2024 by Clyde Mooney
Colourful stalwart of Surry Hills the Evening Star has been snatched by the Kospetas family’s cosmic Universal Hotels. The Evening Star holds history attendant with the precinct, once home to media and newspaper tycoons partaking of its liquid offerings. Located