Real Estate

STRONG HALF-YEAR RESULTS FOR REDCAPE

Posted on February 17th, 2021 by Clyde Mooney
Listed pub entity Redcape Hotel Group (ASX:RDC) has announced strong financial results for the half-year ended 31 December 2020, and a return to “full growth strategy” backed by a strong balance sheet.  Highlights for 1H21 included an increase in statutory

SHORT AND LAUNDY SPLASH AT LENNOX HEAD

Posted on February 15th, 2021 by Clyde Mooney
The impressive, beachside Lennox Hotel has been bought by a partnership between Fraser Short and Stu Laundy, ushering in a new flagship for local aspirations. The latest Short-Laundy hospitality consortium bought the large-format pub from the private Campbell and Lister

BIG BERESFIELD TAVERN AND BOTTLO LISTED

Posted on February 15th, 2021 by Clyde Mooney
The Beresfield Tavern and Bottle Barn have come to market, as accidental publican Craig Herbert looks to a return to his former love. Beresfield is a Lower Hunter Region town of over 3,000 people, roughly 23 kilometres north-west of Newcastle,

JDA WINS BATTLE TO GENERAL GORDON

Posted on February 10th, 2021 by Clyde Mooney
Suburban stronghold the General Gordon Hotel is the latest big-ticket Sydney pub sold, picked up by Feros’ JDA Hotels – weeks before it reopens from a fire that closed it over two years ago. In July 2018 news broke the

ALH TAKE JOE IRVIN’S BARKLY

Posted on February 10th, 2021 by Clyde Mooney
ALH has unleashed the chequebook, taking the title to Joe Irvin’s Barkly Hotel in booming Mount Isa. The Barkly enjoys a massive 1.35-Ha site in the regional town of Mount Isa – affectionately known as the ‘oasis of the outback’

ROMANO’S WAGGA WAGGA BACK TO MARKET

Posted on February 8th, 2021 by Clyde Mooney
Stalwart of Wagga Wagga hospitality, Romano's Hotel, is being offered for sale amid high demand and unrealised opportunities in regional strongholds. After unsuccessful attempts by long-time operator John Hussey to sell the asset in 2015 and 2016, Hayes Advisory was

BIG PRICE FOR BEST LITTLE PUB

Posted on February 8th, 2021 by Clyde Mooney
An unnamed Sydney investment company has snapped up seaside local the Jacobs Well Bayside Tavern for $8.5 million as market conditions bring south-east Queensland hotels further into focus. Jacobs Well Tavern Bayside enjoys a 3,946sqm block adjacent to the Jacobs

NEW CLARENDON ON OFFER

Posted on February 5th, 2021 by Clyde Mooney
The all-welcoming Clarendon Tavern has been listed for sale, boasting a recent renovation and loyal locals amid further opportunities and an entry-level price tag. The Clarendon has become a hugely popular neighbourhood watering hole, providing all-comers a big public bar

TOURIST HITS THE OPEN HIGHWAY

Posted on February 3rd, 2021 by Clyde Mooney
The freehold going concern of the stately Tourist Hotel in Queanbeyan has come to market, as regional strongholds continue to see the greatest pandemic rebound. The Tourist is set on a large 1,928sqm block on main drag Monaro Street in

SILVERSTONE BOLSTERS ALLIANCE

Posted on February 1st, 2021 by Clyde Mooney
A local developer with a growing hotel portfolio has bought the Alliance Hotel in Spring Hill for an undisclosed sum, looking to further its place in the sector. The three-storey Hotel was built 1888, the design the work of well-known