Real Estate

FIREHOUSE TO RAZE MARKET

Posted on July 23rd, 2025 by Clyde Mooney
For the first time in its history and first public offering in the precinct in over 40 years, the striking Firehouse Hotel in North Sydney is being sold as a freehold going concern. Constructed in 1895, the North Sydney fire

HARVEST RAMPS UP INVESTMENT STRATEGIES

Posted on July 21st, 2025 by Clyde Mooney
Hospitality investment entity and operator Harvest has unveiled its “evolution” from Hotels to Hospitality, plus a new investment strategy in a burgeoning asset class. Many operators and investors see hospitality assets as combining the stability of resilient revenue with the

HEART OF COLLIE SELLS TO INTERSTATE NEWCOMER

Posted on July 21st, 2025 by Clyde Mooney
Popular destination of central western NSW, the Collie Hotel, has sold to a Melbourne-based new entrant to the industry. Established circa 1862 as the Marthaguy Hotel – a simple, roadside half-way house for travellers – the pub morphed into the

MAITLAND LOOKS TO LEAVE PARADISE

Posted on July 18th, 2025 by Clyde Mooney
Veteran hotelier Greg Maitland has listed his large-format Paradise Hotel in suburban Adelaide, offering potential in a robust hospitality complex. The hotel is located on a highly strategic 8,500sqm lot on Lower North East Road, in Paradise, and is equipped

UNIVERSAL SWAPS NEWTOWN FOR LORD BOB

Posted on July 16th, 2025 by Clyde Mooney
Universal Hotels has exchanged its thumping Newtown Hotel for the iconic Lord Roberts in Darlinghurst, in a deal valued at around $20 million. The Newtown Hotel resides on a high exposure 700+sqm corner of the bustling King Street retail and

PUBLIC’S PADDO PUB SOLD

Posted on July 16th, 2025 by Clyde Mooney
Another of the distressed Public Hospitality portfolio has sold, seeing Paddington’s long-standing ‘Three Weeds’ going to an unnamed “private investment syndicate”. The former Rose, Shamrock and Thistle, more commonly known as Three Weeds, is one of the precinct’s historic pubs,

TOWN HALL HOTEL BALMAIN SELLS AT AUCTION

Posted on July 11th, 2025 by Clyde Mooney
Balmain’s beleaguered Town Hall Hotel is back, after selling this week to a ‘restitutional’ investor as the Public Hospitality portfolio flounders. The Town Hall Hotel was built in 1888 on a corner of arterial Darling Street, opposite the suburb’s actual

PICKLED POSSUM ON THE BLOCK

Posted on July 11th, 2025 by Clyde Mooney
Institution of Sydney’s lower north shore, the Pickled Possum in Neutral Bay, is being sold as a vacant freehold going concern through receivers and managers. A staple of the precinct since 1981, the colourful, eclectic late-night karaoke bar, famous amongst

AVC PICKS UP HERVEY BAY ICON

Posted on July 11th, 2025 by Clyde Mooney
Fraser Coast favourite the Bayswater Bar & Grill in Hervey Bay has been sold to national operator Australian Venue Co, bringing the buzz to one of Queensland’s less frequently transacted hot spots. Positioned right on the water, the BB&G is

ALH EYES MASSIVE TOWER AT THE MORRISON

Posted on July 8th, 2025 by Clyde Mooney
ALH is forging ahead with ambitious capitalisation plans, having submitted application to add a 30-storey hotel and residential tower above the historic Morrison Hotel. Australian Leisure & Hospitality (ALH) is the hospitality arm of listed Endeavour Group, which holds the