Real Estate

NEW TEAM INTO BRIGHT BROLGA HOTEL

Posted on August 6th, 2021 by Clyde Mooney
The thriving Brolga Hotel of Coleambally has been sold by successful first-timers to new ambitious first-timers Darren and Nathan Maddison. Located north of Albury, around 600 kilometres south-west of Sydney, Coleambally is home to around 650 people, and one pub

ROCHE RICH-LISTERS CONTINUE EXPANSION INTO PUBS

Posted on August 4th, 2021 by Clyde Mooney
A new generation of hotel royalty is stepping up its footprint in pubs, with rich-listers the Roche family consolidating their pivot with purchase of Armidale’s Royal Hotel. The Royal is the latest acquisition by the Roche Group, headed by Bill

STAR GROUP SEES BLUE SKY IN TOWNSVILLE

Posted on August 4th, 2021 by Clyde Mooney
Star Hotels’ expansion and diversification continues with purchase of the Central Hotel in Townsville. Steven Shoobridge’s Star Group lays claim to being Queensland’s largest independently owned and operated pub and liquor retail chain. The company moved into hospitality in 1996

PINE BEACH HOTEL AND PROPERTIES PLAY HITS MARKET

Posted on August 4th, 2021 by Clyde Mooney
A prime development opportunity has come to market in sale of the thriving Pine Beach Hotel and adjoining properties, in Queensland’s answer to Byron Bay, Emu Park. Located on the Capricorn Coast, around 50 kilometres east of Rockhampton and overlooking

FEROS AND CO TAKE ONE50 FOR $12M

Posted on August 2nd, 2021 by Clyde Mooney
The Gold Coast’s dormant One50 Public House has been bought by the Feros’ JDA Hotels for $12 million, in partnership with Queensland hotelier Nick Kalaf, as market heat cooks prices. Nestled in the heart of the main commercial precinct of

AVC’S STRATEGIC PLAY ON THE SKI SLOPES

Posted on August 2nd, 2021 by Clyde Mooney
Australian Venue Co. continues its expansion into domestic tourism hubs with acquisition of the Hotham Hotel in Mount Hotham Previously known as Swindlers Bar, the venue is the heartbeat of the Hotham ski fields and a staple for food and

CHEUNG LOOKS TO $112M REMODEL OF COOGEE BAY HOTEL

Posted on July 30th, 2021 by Clyde Mooney
Chris Cheung has revealed his plans for the iconic Coogee Bay Hotel, heralding a $112 million facelift for the beachside property. C!nc has submitted an extensive development application at its site at Arden Street, Vicar Street and Coogee Bay Road,

SYNDICATE TAKES NEWCASTLE’S OLD GRAND

Posted on July 30th, 2021 by Clyde Mooney
The handsome Grand Hotel of Newcastle East has been sold, bringing an exit by Mike Angus and re-entry by some former hoteliers. Grand Hotel, Newcastle. Images: website The Grand is one of just three pubs in Newcastle East, built 1891,

ZAGAMES DIVEST FOUR PUBS FOR $99M

Posted on July 28th, 2021 by Clyde Mooney
A growing Melbourne group has scooped four pubs from the highly awarded Zagame family for $99 million, in demonstration of the strength of the Victorian market despite lockdowns. The institutional Zagame Group has sold lease interests in its self-branded venues

DRY DOCK HITS BUOYANT MARKET

Posted on July 28th, 2021 by Clyde Mooney
Continuing the city fringe frenzy, the Dry Dock Hotel in Balmain has been listed for sale. Claiming a title of Balmain’s oldest licensed hotel, built 1857, the Dry Dock is adjacent to the Balmain Ferry terminal and Mort Bray Park,