Real Estate

BROPHYS OUT FOR THE COUNT

Posted on June 17th, 2022 by Clyde Mooney
Fred and Sandi Brophy, the couple behind the famous Fred Brophy’s Boxing Troupe, have sold their last pub, the Kilkivan Hotel, to newcomers as they exit the industry. The Brophys owned the Cracow Hotel, 500 kilometres north-west of Brisbane, which

COLEMAN DISPATCHES POST OFFICE AS GDM GROWS

Posted on June 17th, 2022 by Clyde Mooney
Publican Matt Coleman has executed a sale and leaseback on his Post Office Hotel in Forbes, as part of the further expansion of GDM Hotels, which includes purchase of Stockton’s Boatrowers Hotel. The historic Post Office was built 1864 and

AVC PICKS UP NINE PUBS, FROM ARK AND CLG

Posted on June 15th, 2022 by Clyde Mooney
Australian Venue Co has announced agreement to purchase nine venues in Western Australia from Ark Group and Colonial Leisure Group, for a reported $30 million. The conditional acquisition brings all seven venues under the banner of Ark Group. In Perth

UPMARKET BUSH INN BUSINESS FOR SALE

Posted on June 10th, 2022 by Clyde Mooney
One of Melbourne’s best-known establishments, the iconic Bush Inn, has hit the market with long potential. The large footprint pub occupies a high-profile corner on the borders of some of Melbourne’s most affluent suburbs, Toorak and Hawksburn. It provides trading

PUBLIC HOSPITALITY HITS BONDI WITH PLANS FOR NOAH’S

Posted on June 8th, 2022 by Clyde Mooney
Jon Adgemis’ Public Hospitality Group has beat major developers to buy the well-known Noah’s Backpackers on Bondi Beach for $68 million. Noah’s occupies a prominent 1,087sqm site at the world-famous Beach, comprising two corner buildings configured for 260 beds and

AVC AND HPI PUT UP HOTEL ALLEN FGC

Posted on June 6th, 2022 by Clyde Mooney
Australian Venue Co has teamed up with landlord HPI to offer the freehold going concern of Townsville stalwart the Hotel Allen. Built in 1946, Hotel Allen occupies a 6,186sqm corner site with three street frontages, proximate to a host of

MERIVALE EYES MAJOR NEW DEVELOPMENT

Posted on June 6th, 2022 by Clyde Mooney
At the forefront of the resurgence of hospitality and in a return home after widespread expansion, Justin Hemmes’ Merivale has secured a massive site on Sydney’s King Street – to become the city’s newest entertainment precinct. News has emerged of

SINGLETONS OFFER UP BIG PINEAPPLE

Posted on June 3rd, 2022 by Clyde Mooney
The Singleton family are calling time after more than three decades, putting up their celebrated Pineapple Hotel – expected to break sales records. The heritage-listed Pineapple is one of Brisbane’s oldest pubs, established in 1864 in a wooden house and

TEAM REILLY TAKES ON CRICKETER’S ARMS

Posted on June 3rd, 2022 by Clyde Mooney
Acclaimed operator Ray Reilly has executed another team expansion, taking on Tim Condon’s Cricketer’s Arms Hotel in Balmain with a long-time employee as partner.  The Cricketer’s Arms was established in 1872 and for many years served as host to the

RARE GEM COPPERSMITH ON OFFER

Posted on June 3rd, 2022 by Clyde Mooney
A rare Melbourne freehold going concern has come to market, as the Bagios family look to part with the prized Coppersmith Hotel in South Melbourne. Set between the CBD and Albert Park, The Coppersmith occupies a prime 290sqm lot close