Real Estate

PUB INVEST TO DIVEST CROWN AND NORTH NOWRA

Posted on March 11th, 2022 by Clyde Mooney
The second half of Damien Kelly’s troubled Pub Invest portfolio has been put to market, being the landmark Crown Hotel of Surry Hills and Nowra’s large-format North Nowra Tavern. News broke at the start of the year that insolvency and

MATHIESON BUILDS WITH HAKFOORT’S REDBRICK

Posted on March 11th, 2022 by Clyde Mooney
The long-standing Hakfoort Group has sold its iconic Redbrick Hotel in Woolloongabba to pub royalty the Mathieson family. The heritage-listed Victorian-era Hotel was built in 1890 for Thomas Burke, who remained owner and proprietor until 1899. Several owners followed before

CLG SECURES ITS LUCKY COQ

Posted on March 9th, 2022 by Clyde Mooney
Chris Morris’ Colonial Leisure Group has added to the property portfolio with the freehold of its Lucky Coq in Windsor.  CLG operates 10 venues across Victoria, and around the same number again across several other states. It has occupied the

MATTHEWS PUSHES REGIONAL ENVELOPE WITH BENTLEYS

Posted on March 9th, 2022 by Clyde Mooney
Family-owned Matthews Hospitality is expanding in its heartland with purchase of Bentleys Hotel, in South Australia’s Clare Valley. Matthews is one of South Australia’s largest family-owned hotel groups, having owned, operated and sold a total of 36 hotel licences and

KELLY’S ROSE & CROWN AND CORRIMAL SOLD AFTER HOT PURSUIT

Posted on March 7th, 2022 by Clyde Mooney
Following heated weekend negotiations, it has been announced Damien Kelly’s Rose & Crown Hotel Parramatta and Corrimal Hotel of Wollongong have sold for a combined $74.5 million. The properties went to market in January, under direction from Wexted Advisors, as

JAZ MOONEY PARTING WITH BRISBANE ICON THE NORMANBY

Posted on March 4th, 2022 by Clyde Mooney
Jaz Mooney has listed Brisbane landmark The Normanby Hotel, offering either the freehold going concern or leasehold on the Sunshine State icon. Built in 1890 on Red Hill, the multi-level Normanby is one of the city’s oldest and most beloved

GREEN CONSORTIUM SNAPS UP BIG-TICKET THOMAS BLAMEY

Posted on March 4th, 2022 by Clyde Mooney
The large-format Thomas Blamey Tavern in the Riverina has been sold to a consortium led by publican Lee Green. Occupying a 6,110sqm site in Wagga Wagga, one of the state’s premium regional precincts, and only a couple of blocks from

BEACHFRONT HOTEL DARWIN TROPHY SET TO MARKET

Posted on March 2nd, 2022 by Clyde Mooney
The Beachfront Hotel in Darwin is being sold by NT icon Doug Sallis, representing the first freehold going concern sale in many years. Occupying a massive 7,000sqm site, it is close to the CBD, Hospital and the Territory’s largest retail

SUNSHINE COAST SEES DAWN OF THE DOONAN

Posted on February 28th, 2022 by Clyde Mooney
Hospitality giants the Comiskey Group, producers of two of Australia’s largest pubs, have announced the start to and a partnership with their new venue, The Doonan. The Queensland family-owned company has been widely acclaimed for its creation and operation of

TOWNSVILLE’S OONOONBA ON OFFER

Posted on February 25th, 2022 by Clyde Mooney
A passive investor has put to market suburban stalwart the Oonoonba Hotel of Townsville, offering oodles of upside in the thriving community. Established in 1963, the pub occupies an expansive 3,739sqm corner lot with double street frontage, six kilometres from