Real Estate

RAY FAMILY DEPARTING THE IVY AFTER FIVE DECADES

Posted on April 20th, 2022 by Clyde Mooney
After nearly five decades in the same hands, the handsome New Ivanhoe Hotel of Blackheath is for sale by the Ray family. Found on a large site of around 1,500 sqm on the Great Western Highway in Blackheath, in the

OSCARS SHAKE-UP SNARES MALOUFS’ BIG CAVES BEACH

Posted on April 13th, 2022 by Clyde Mooney
Representing a portfolio shake-up and region record, the Maloufs' Royal Hotels group has sold the oceanfront Caves Beach Hotel to the Gravanis’ expanding Oscars Hotels. Royal Hotels has expanded on operations at the seaside resort-style venue, and after the better

HARVEST WELCOME MORE WAGGA IN THE VIC

Posted on April 13th, 2022 by Clyde Mooney
The acquisitive Harvest Hospitality has snapped up another Wagga Wagga institution, in the form of the hugely popular Victoria Hotel, for a new regional record price of $29 million. Occupying an imposing 1,311 sqm landholding in the heart of town,

NELSON MEERS AT CROSSROADS FOR $160m

Posted on April 11th, 2022 by Clyde Mooney
The Nelson Meers group has set a new record for an Australian pub sale, putting up a reported $160 million for the massive Crossroads Hotel of Casula. Occupying a 1.28-Ha site at the junction of the Hume Highway and Camden

DON HODGE GROUP TAKE LAKE MACQUARIE

Posted on April 11th, 2022 by Clyde Mooney
The Don Hodge Group Inc has been announced as purchaser of the coveted Lake Macquarie Tavern in Mount Hutton, for a hot market $33 million. Mount Hutton is around 140 kilometres north of Sydney, and only 14 from Newcastle CBD,

GLYNN AND BARRET LIST COBBLERS TAVERN

Posted on April 11th, 2022 by Clyde Mooney
After four decades on the job, publicans Kieran Glynn and Arthur Barret have listed for sale Mandurah’s iconic Cobblers Tavern. Cobblers is on a 1,334 sqm lot in Falcon, adjoining a First Choice liquor store and numerous specialty shops. It

K2 CONQUERS BLUE MOUNTAIN

Posted on April 8th, 2022 by Clyde Mooney
Lawson’s picturesque Blue Mountain Hotel has sold to new capital from Sydney, seeing K2 Property Development Group partnering with Locky Paech’s Goodtime Group. Built 1848 as the Blue Mountains Inn, the venue is perched on a high-profile 965sqm corner block,

TOMSIC TAKES OVER ANOTHER TOWN

Posted on April 8th, 2022 by Clyde Mooney
The indomitable Black Rhino group has stampeded into another town, taking two in legendary Coober Pedy to rack up 11 pubs in 11 months. Approximately 900 kilometres north of Adelaide – halfway to Alice Springs – Coober Pedy is one

BELL CALLS TIME ON TYALGUM

Posted on April 8th, 2022 by Clyde Mooney
Long-time publican Peter Bell has put to market his Tyalgum Hotel in the northern rivers region, looking to capitalise on hot market conditions. Occupying a large 4,326sqm corner block, the two-storey local pub is a community meeting place, sporting an

MARINE HOTEL SETS SALE IN CARDWELL

Posted on April 8th, 2022 by Clyde Mooney
Continuing the campaigns to capitalise on robust investor interest in regional hotels, the Marine Hotel Motel comes to market. Occupying a site of 3,329sqm with triple street frontage, Cardwell’s Marine Hotel has a rich history dating back to 1864. Facing