Real Estate

KELLYS PASS THE BROOKIE TO IRVINS

Posted on January 16th, 2023 by Clyde Mooney
The Kelly family has capped a record year for the pub sector, selling its northern beaches institution the Brookvale Hotel to Irvin Hotel Group for a reported $42 million. The large suburban pub on 2,700sqm on arterial Pittwater Road provides

KELLY PLANS HISTORY AT HOPE AND ANCHOR

Posted on January 16th, 2023 by Clyde Mooney
The highly historic Hope and Anchor Hotel is back in local hands and set to be “rescued” by alderman and hero of Hobart, John Kelly. Built in 1807, the Hope and Anchor on the Hobart foreshore is thought to be

PUB COMMANDERS MATHIESON FAMILY LAND THE CAPTAIN

Posted on December 12th, 2022 by Clyde Mooney
The ink still drying at Woolloongabba, the Mathieson family has emerged as the buyer of Sydney’s famous and somewhat controversial Captain Cook Hotel, aka The Captain Paddington, from short-term pilots. The Captain occupies a 544sqm corner of Flinders Street and

MATHIESON GOES TO THE GABBA, AGAIN

Posted on December 9th, 2022 by Clyde Mooney
Bruce Mathieson Jr continues his own portfolio build, snagging the potential-laden Woolloongabba Hotel in Brisbane’s Olympics hot spot. The Woolloongabba has resided on its prominent corner site since 1868, now incorporated as a tenancy in the prime location of 803

CHARLIE GOES COASTAL IN COFFS

Posted on December 7th, 2022 by Clyde Mooney
Veteran publican Charlie Redmond has done the sea change, finding haven at the Coast Hotel in Coffs Harbour in a $2.8 million high water mark for the seaside precinct. The Coast resides on a generous 1,600sqm corner of Coffs Harbour’s

FRISCO ON THE LOOSE

Posted on December 5th, 2022 by Clyde Mooney
The stately Frisco Hotel in Woolloomooloo has been listed for sale by interstate owners, in what should be a keenly contested prize to round out 2023. Built in 1856, the Frisco is a three-level building on a commanding 304sqm corner

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