Real Estate

TUMBY PUB HITS THE MARKET

Posted on March 11th, 2024 by Clyde Mooney
The character-laden Tumby Pub in the NSW northern rivers is being sold by private owners, as they exit the game. Located on the banks of the Tweed River, between Coolangatta and Byron Bay, and enjoying view of Mt Warning, the

RAMIAS LET LOOSE THE SPHINX

Posted on March 8th, 2024 by Clyde Mooney
After more than half a century at the helm, the veteran Ramia family is looking to leave its prized, landmark Sphinx Hotel in Geelong. Owner George Ramia started working at the venue on Thompson Rd when he was just 14

NORTH BYRON’S SUN STEPS INTO THE LIGHT

Posted on March 8th, 2024 by Clyde Mooney
Winchester Group is offering the large-format North Byron Hotel, in the northern NSW mecca. Formerly known as the Sun Bistro, it is the largest single pub site in the precinct, located adjacent to award-winning resort Elements of Byron and Belongil

MELBOURNE HISTORIC LEASE ON OFFER

Posted on March 4th, 2024 by Clyde Mooney
The Melbourne hospitality landmark formerly known as Oddfellows Hotel is being offered for lease, marketed as a chance to be part of the city’s celebrated dining landscape in one of its oldest surviving buildings. Vendors ISPT have put up the

RARE UNICORN JUMPS IN PADDINGTON LIMELIGHT

Posted on February 28th, 2024 by Clyde Mooney
The rare and unique Unicorn Hotel in Paddington has hit the market as a freehold going concern for the first time in over 15 years, representing a marked opportunity in Sydney’s tightly held eastern suburbs. Set on Oxford Street, close

AVC’S HARLOW ‘RARE’ MELBOURNE SALE

Posted on February 26th, 2024 by Clyde Mooney
Australian Venue Co’s Harlow in ‘Silicon Yarra’ is being sold and expected to attract strong and varied interest, as hospitality continues to shine and PAG finalises its billion-dollar acquisition of the group. The pub is located on a 485sqm corner

PREMIER FIGHTS TO BUILD

Posted on February 23rd, 2024 by Clyde Mooney
The Thomas family’s landmark Premier Hotel is battling to get approval for a ground-up overhaul that would see a major mixed-use development on the prominent Nineways intersection at Broadmeadow. An application lodged with City of Newcastle proposed a $34 million

TRIUMPHANT TOWNSVILLE PRODUCES NEWMARKET SALE

Posted on February 19th, 2024 by Clyde Mooney
The big Newmarket Hotel is new to market, representing a picturesque canvas in the centre of thriving Townsville. Situated on a prime corner site, the pub is close to popular attractions, major transport links and commercial establishments. It is within

TOTTENHAM ON THE BLOCK

Posted on February 16th, 2024 by Clyde Mooney
The handsome Tottenham Hotel in ‘The Soul of the Centre’ is being sold, offering an entry level going concern opportunity. A classic two-storey corner pub with full wrap-around veranda, construction on the hotel was completed in 1931. It resides on

BANK COVENANT REPORTING – THE NEED TO KNOW

Posted on February 16th, 2024 by Clyde Mooney
The finance landscape in the pub industry is under pressure, as businesses continue to find their feet following the pandemic and the fallout from high interest rates takes its toll. Most instances of loans issued to a pub will involve