Real Estate

RECEIVERS SELLING PRIVATE EMPIRE

Posted on March 27th, 2024 by Clyde Mooney
Cobar’s thriving Empire Hotel is being sold through receivers, as part of the consolidation of business interests of a private owner. The pub resides on a generous 3,127sqm lot with dual street frontage. It is configured for single bar operation,

AUSTRALIA’S OLDEST IRISH CLUB EMBRACES SARAH SANDS

Posted on March 25th, 2024 by Clyde Mooney
The celebrated Celtic Club has found a new home, taking over AVC’s (former) Sarah Sands Hotel, in the craic of Brunswick. Melbourne’s 600-strong Celtic Club was formed in 1887, and has outlasted sister initiatives in Sydney and Brisbane to become

ORANGES IN BLOOM

Posted on March 25th, 2024 by Clyde Mooney
Two prime hotels are on offer in booming NSW regional hub Orange, providing opportunity and scale in agricultural heartland. Established in 1890, the two-storey Hotel Orange is the oldest pub in the area, residing on a prominent 712sqm lot on

HAYMARKET HOSPITALITY OFFERING ON THE BLOCK

Posted on March 22nd, 2024 by Clyde Mooney
A recently renovated Haymarket landmark pitched to be the next big versatile hospitality venue in the city’s southern fringe, is being sold by a private investor. Constructed 1884, the multi-storey Goulburn St building was originally a barracks for the Salvation

AVC BUY FOUR FREEHOLDS FROM LANDLORD HPI

Posted on March 22nd, 2024 by Clyde Mooney
ASX-listed HPI today announced it has entered a binding agreement to sell four of its hotels to its major tenant, Australian Venue Co, for a total of $48.6 million. Set to occur in two tranches, the four properties comprise three

MERIVALE’S MELBOURNE MANOEUVRES

Posted on March 18th, 2024 by Clyde Mooney
Merivale’s move into Melbourne is under fire, with reports the extensive plan for Tomasetti House is struggling to meet its anticipated opening for this year as the bar-tzar feels the operational pinch. Early 2021 Justin Hemmes’ group shelled out around

BLACK RHINO BACKS UP IN THE SUNSHINE STATE

Posted on March 15th, 2024 by Clyde Mooney
Dave Tomsic’s Black Rhino Group has continued its run into Queensland, picking up Irvin Hotels’ long-held Overlander Hotel in Mount Isa. Set on a large-format site on main drag Marian Street through Mount Isa’s Townview, the pub counts 40 EGMs,

ARMIDALE’S WICKLOW ON THE BLOCK

Posted on March 13th, 2024 by Clyde Mooney
The old girl of Armidale is being sold by a private investor as a freehold going concern, offering a sprawling regional business underpinned by retail tenants. Originally known as the Armidale Hotel, the Wicklow Hotel is the oldest licensed establishment

WATERLOO’S DUKE LOOKS TO A NEW BEGINNING

Posted on March 13th, 2024 by Clyde Mooney
The former Duke of Wellington in Waterloo is being sold as a strata commercial property, with option to reinstate the pub or find alternate use. Billed as a rare opportunity in the heart of a vibrant and rapidly evolving suburb

HOTELS FOR SALE IN BALLARAT AND DENILIQUIN

Posted on March 13th, 2024 by Clyde Mooney
The leasehold interest in the Provincial Hotel in the heart of Ballarat is being sold by Private Treaty. The historic hotel, built 1909, resides in the prestigious Lydiard Stret precinct. Previously known as Irwins Hotel, it was operated by Simon