Real Estate

ALH ENTERING NEW ERA OF EXPANSION

Posted on June 23rd, 2021 by Clyde Mooney
On the eve of its debut on the ASX and uncoupling from Woolworths, ALH is looking to let loose the cheque book to secure further acquisitions and market share in accommodation. Billionaire major shareholder Bruce Mathieson has said “people will

COMMERCIAL SALE IN SUNSHINE CENTRAL

Posted on June 23rd, 2021 by Clyde Mooney
The Commercial Hotel in the regional Queensland town of Biloela is for sale as a re-stapled freehold going concern, as the publican looks to retirement. Known locally as the ‘Top Pub’, the Commercial occupies a 1,247sqm site in the heart

NORTHO HOTEL TO STARTER MARKET

Posted on June 23rd, 2021 by Clyde Mooney
The leasehold interest of the North Eastern Hotel in Benalla is for sale, as newcomers continue to look to pub operation for a lifestyle business tree change. Established in 1905, the North Eastern is an attractive single storey pub on

ALH CUT LOOSE AS ALE BACKS OFF

Posted on June 21st, 2021 by Clyde Mooney
Australia’s largest publican is set to go it alone, as shareholders approve the demerger of Endeavour and ALE quietly divests more of the coveted ALH freeholds. On Friday 360k Woolworths shareholders overwhelmingly approved the spin-off of Endeavour Group from the

BLACK RHINO PICKS UP THE GEORGE

Posted on June 21st, 2021 by Clyde Mooney
David Tomsic’s Black Rhino Group has maintained momentum into South Australia, locking in his third pub in the new state – the George Hotel, in Millicent. Previously known as the Sportman’s Hotel, the rebranded The George is on main drag

ANGUS STEPPING DOWN FROM NEWCASTLE GRAND

Posted on June 18th, 2021 by Clyde Mooney
One of Newcastle’s classy old dames, the Grand Hotel, is for sale as long-term owner Mike Angus looks to retirement.   Built 1891, the two-storey Grand Hotel is a classic Victorian-era structure on a 340sqm block, stealing the stage as the

COUGHLAN BACK IN PUBS, TAKING OSCARS’ FIVE ISLANDS

Posted on June 16th, 2021 by Clyde Mooney
Pub mover and shaker Paddy Coughlan is back in the race with a remodelled vehicle and acquisition of Oscars’ Five Islands Hotel in Wollongong for over $20 million. The Gravanis brothers’ Oscars Hotels bought the freehold going concern of the

AVC GOES PARKSIDE IN ADELAIDE

Posted on June 16th, 2021 by Clyde Mooney
Australian Venue Co. has continued its confidence in South Australia with acquisition of Adelaide’s Parkside Hotel. Built 1958, the pub has been known as the Fountain Inn Hotel, but enters a new era courtesy of a recent renovation and new

MERIVALE DOUBLES DOWN IN NAROOMA

Posted on June 16th, 2021 by Clyde Mooney
Merivale has continued the buying spree with purchase of The Whale Inn, in Narooma, furthering its footprint on the New South Wales South Coast.  The Whale Inn is a boutique hotel and restaurant boasting breathtaking views of beaches and Wagonga

COMISKEY GROUP BLITZES AWARDS AS BIG EXPANSION BEGINS

Posted on June 11th, 2021 by Clyde Mooney
The Comiskey Group took home a swag of awards at the QHA Awards for Excellence this week, as they plan no less than five new projects in Queensland’s booming south-east. As per the Queensland Hotels Association’s system, the highly awarded