Real Estate

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

ENDEAVOUR POSTS STRONG RESULTS DESPITE LAGGING PUBS PORTFOLIO

Posted on February 25th, 2022 by Clyde Mooney
Australia’s largest publican, the ASX-listed Endeavour Group, aka ALH, reported mixed financial results this week, prompting a share price surge. Representing the milestone of its first full financial reporting period since listing, Endeavour (ASX:EDV) has both benefitted and suffered at

LAZARUS PUTS UP NEWCASTLE BEACH LANDMARK

Posted on February 23rd, 2022 by Clyde Mooney
Wielding an approved DA, Andrew Lazarus is offering up the renovation-ready Beach Hotel on Merewether Beach, in Newcastle. The large-format Hotel resides on a picture perfect 1850sqm site with panoramic views of Merewether Beach – the home to Australia’s largest

CROSBY & WARREN PUT UP LAKE MACQUARIE TAVERN

Posted on February 21st, 2022 by Clyde Mooney
The large-format Lake Macquarie Tavern in the suburbs of Lake Macquarie is being sold by industry accounting gurus Bob Warren and Paul Crosby. Set on a big 9,000sqm lot, the Tavern was refurbished in 2015, aiming for a family-friendly destination,