Real Estate

WOOLPACK HOTEL REDFERN JOINS MARCH TO MARKET

Posted on June 7th, 2021 by Clyde Mooney
Continuing the spate of city fringe assets coming to market, Redfern’s Woolpack Hotel has been listed for sale as its owners look to an exit from pubs. The three-storey hotel, in the Federation Free Style architectural mode, provides a well-rounded

WAUGH BETS ON KINGS CROSS 2.0

Posted on June 4th, 2021 by Clyde Mooney
Ashton Waugh has placed a strategic bet on Sydney’s transforming Kings Cross with purchase of the re-stapled freehold going concern of the New Hampton Hotel. Leaseholder Kieran Coleman listed the business interest in the Hotel last October. Located on Bayswater

URBAN HOUSE OF BREWS SECURES FIVE BREWERS

Posted on June 4th, 2021 by Clyde Mooney
Serial hospitality entrepreneur Michael Vale is one step closer to opening his ground-breaking Urban House of Brews, after securing agreements with the five craft brewers to reside in the Newtown venue. Following news in March that the old Hub Theatre

STARS ALIGN FOR HOLLYWOOD SALE

Posted on June 2nd, 2021 by Clyde Mooney
The star-studded on-market sale of the Hotel Hollywood has found local operator Parlour Group outbidding big names and interest from Hollywood itself to take the show for around $10 million. Located in the heart of Sydney’s Surry Hills, the four-storey

PHILLIPS FOOTE FALLS, AS INSOLVENCIES GROW

Posted on June 2nd, 2021 by Clyde Mooney
The historic Phillip’s Foote pub in The Rocks was sadly one of the more than 150 NSW companies that failed in May, potentially heralding the start of the fall of the zombies. In the aftermath of the pandemic and since

STEWARTS REAPING REWARDS IN FARMERS ARMS SALE

Posted on June 2nd, 2021 by Clyde Mooney
One of the southern Riverina region’s favourite locals has been listed for sale-and-lease-back by the owner-operators, to facilitate their expansion. The Farmers Arms is in the NSW town of Tocumwal, on the Murray River, around 260 kilometres from Melbourne. Set

SOLOTEL SELLS LITTLE BIG HOUSE TO LOCAL PROJECT

Posted on May 31st, 2021 by Clyde Mooney
Solotel has sold the leasehold operation of its Little Big House in Brisbane to a new local hospitality group. New owners the Little Big House Project is fronted by managing director Brett Fitzpatrick, who previously owned Fitz+Potts in Nundah. He

KNOX DIPS INTO NORTHERN RIVERS

Posted on May 28th, 2021 by Clyde Mooney
Sustaining the flow of northern rivers pub sales, the Dougherty family have divested their Grafton Hotel to Riverina hotelier Jim Knox. The Doughertys have been staples of the region and community for decades, well-known for owning and operating both Westlawn

FAMOUS PUB WITH NO BEER FOR SALE

Posted on May 28th, 2021 by Clyde Mooney
The iconic ‘Pub With No Beer’ – aka Lee's Hotel – is being sold as a freehold going concern for the first time in 50 years. The pub immortalised in legendary country singer Slim Dusty's song is in the town

MERIVALE MOVES ON BYRON’S CHEEKY MONKEYS

Posted on May 26th, 2021 by Clyde Mooney
Merivale has announced expansion in northern NSW with acquisition of the former Cheeky Monkey’s bar, and the adjoining massage spa.  The 827 sqm site at 115 Johnson St, Byron Bay, has traded in recent years as Cheeky Monkey’s under Red Rock