Real Estate

SALMONS SELL THUMPING WAREHOUSE BROWNFIELD RYDALMERE TAVERN

Posted on December 2nd, 2022 by Clyde Mooney
The Salmon family has divested its unexpectedly successful Rydalmere Tavern in Sydney’s west to pub veteran Andrew Lazarus’ Zenith Hotels. Rod Salmon is the Port Stephens-based owner of development company Coho Property. Having purchased a warehouse on 3,000sqm of land

CANBERRA’S BIG KAMBAH INN FOR SALE

Posted on November 30th, 2022 by Clyde Mooney
The large-format Kambah Inn tavern in suburban Canberra is being offered for sale for the first time in nearly 40 years. The standalone venue is set on 943sqm at the entrance to the Kambah Group Centre, enjoying vehicle or pedestrian

WANLESS LISTS WESTSIDE TAVERN AND LAND BANK

Posted on November 25th, 2022 by Clyde Mooney
Horseracing identity and hotelier Leigh Wanless has listed his Westside Tavern and Motel, boasting an approved DA and big potential at the gateway to the Fraser Coast. Wanless stems from one of Queensland’s most prominent racing families, and has been

BGH CAPITAL EYES AVC BUYOUT

Posted on November 23rd, 2022 by Clyde Mooney
Melbourne- based private equity company BGH Capital is running the ruler over Australian Venue Co’s business plan and venues around the country, looking to submit a speedy pre-Christmas takeover bid. Australian Venue Co (AVC) major shareholder KKR reportedly engaged investment

BLANK SLATE NORTHERN RIVERS PUB ON OFFER

Posted on November 23rd, 2022 by Clyde Mooney
The dormant Clarence Hotel of Maclean, in the NSW northern rivers, is being sold as a vacant freehold ready to be revived. The private current owners took on the country pub in 1990 and successfully operated it for decades, offering

BREAKING: SHORT PASSES TUDOR COMMUNITY BATON TO UNIVERSAL

Posted on November 18th, 2022 by Clyde Mooney
Marty Short and co have sold their locals-driven The Tudor Hotel of Redfern to the Kospetas family’s Universal Hotels, in a new high water mark for the city-fringe precinct. The Short and Anderson families invested in the multi-level Tudor in

ENGADINE TAVERN AND SITES OPPORTUNITY ON OFFER

Posted on November 16th, 2022 by Clyde Mooney
A revised Engadine Tavern and adjoining retail sites opportunity has been listed for sale, offering the large-format pub plus potential for a mixed-use redevelopment. The south Sydney suburban Tavern occupies a 2,325sqm site, surrounded by retailers such as Woolworths, Coles,

BARHAM BETS ON CASINO’S CECIL

Posted on November 16th, 2022 by Clyde Mooney
After 45 Years operation under management plus an extended settlement, the Hotel Cecil of Casino has been sold. Vendor Nick Bulmer and family have owned the hotel as an asset for over four decades, and listed the pub in late

RIVERSDALE SELLING LAST PUB LAMBTON PARK

Posted on November 14th, 2022 by Clyde Mooney
The former headlining Riversdale group is bowing out of pubs, with stakeholders opting to sell the prominent Lambton Park Hotel, in suburban Newcastle. The pub group representing high-flyers John Singleton, Mark Carnegie and Geoff Dixon bought the LPH mid-2018 for

BUGDENS SAY BYE TO BAGO

Posted on November 11th, 2022 by Clyde Mooney
Long-timers Peter and Judy Bugden have passed the baton at their Bago Tavern on the mid-north coast to local Glenn Knight. The Bago is located in the historic town of Wauchope, inland from Port Mac, just shy of 400 kilometres