Real Estate

THE SUN COMES TO MARKET

Posted on March 1st, 2021 by Clyde Mooney
The wealthy Flannery family has listed its The Sun hotel at Byron Bay, expecting north of $10 million. KTQ Group is owned by the family and steered by Peggy Flannery. In 2014 the company developed the large-format venue on a

HOBART’S TELEGRAPH ON THE LINE

Posted on March 1st, 2021 by Clyde Mooney
Hobart’s iconic Telegraph Hotel is for sale for the first time in nearly 30 years, offering a blank canvas. The Telegraph was built 1858 as the Electric Telegraph Hotel, before being renamed to its current moniker in 1877. The two-storey

WYNNE PROPOSES LEURA’S LADY

Posted on February 26th, 2021 by Clyde Mooney
The elegant Alexandra Hotel in lofty Leura is for sale as publican Richard Wynne looks to focus on other projects. The two-storey colonial-style Alexandra was built 1903, on a 3,700sqm block, and offers a public bar, commercial kitchen and bistro,

BANANA HOTEL AND VILLAGE TO MARKET

Posted on February 26th, 2021 by Clyde Mooney
Fresh to market come the big Banana Hotel Motel and Accommodation Village, dominating the Central Queensland mining precinct. The uniquely named Shire of Banana is in Queensland’s Capricorn region, around 200 kilometres south of Rockhampton or 600 north-west of Brisbane,

BIG BLUE SKY AT DARLINGTON’S ELEPHANT

Posted on February 26th, 2021 by Clyde Mooney
One of Victoria's oldest Inns, the much-loved Elephant Bridge Hotel of Darlington, has come to market amid opportunity. The two-storey bluestone Hotel was built circa 1842 and occupies a generous 5,912sqm lot. It still operates under its original licence, with

AVC UNLEASHES CHEQUEBOOK IN MAJOR CAPEX STRATEGY

Posted on February 22nd, 2021 by Clyde Mooney
Australian Venue Co has revealed plans to spend north of $50 million revitalising and expanding two-dozen pubs across the Sunshine State, in a major show of faith in the market. AVC already holds 86 pubs in Queensland and sees opportunity

GRAFTON HOTEL SALE AMID RUSH TO NORTHERN RIVERS

Posted on February 22nd, 2021 by Clyde Mooney
The Grafton Hotel in the heart of Grafton in the hot Northern Rivers region has come to market for the first time in over four decades. Enjoying a sizeable 748sqm block on main road Fitzroy Street, opposite Grafton Shopping World,

DORE CLOSES ON GREAT SOUTHERN OPPORTUNITY

Posted on February 19th, 2021 by Clyde Mooney
Berry's Great Southern Hotel has been sold for $6 million to a consortium fronted by well-known Sydney publican Ged Dore, in another example of the continued strength of NSW’s coastal market. Dore already owns an enviable portfolio of food &

GOOD TIMES SEEING DOUBLE IN ARMIDALE

Posted on February 19th, 2021 by Clyde Mooney
Good Times Industries has doubled down in Armidale, adding the two-storey Grand Hotel to its local portfolio. This year enjoying its centennial, the stately Grand occupies a generous corner lot of Rusden and Ohio streets, in the heart of town.

IRIS INVESTS IN IVANHOE

Posted on February 17th, 2021 by Clyde Mooney
In an early contender for the biggest national deal of 2021, Sam Arnaout’s Iris Capital has bought the northern beaches’ stately Ivanhoe Hotel on Manly Corso. Trading over three manicured levels, the Ivanhoe has long been a staple of the