Property

SALMONS TAKE GALLAGHER’S CHELSEA

Posted on November 4th, 2022 by Clyde Mooney
Veteran Rod Salmon and his son Nate have emerged as the buyers of the Gallagher clan’s Chelsea Hotel in north shore heartland, Chatswood. Patrick Gallagher and partners bought the Hotel early 2018 from Solotel, for circa $20 million. The two-level

KULETO’S GOES TO NEW ENTRANT

Posted on November 2nd, 2022 by Clyde Mooney
Sydney inner west variant Kuleto’s has been sold for the first time in over four decades to a newcomer to the industry, amid continued strong demand and limited supply for city fringe hotels. Previously known as the Milton Hotel, the

BLACK RHINO BANKS CARDINIA PARK

Posted on November 2nd, 2022 by Clyde Mooney
Dave Tomsic’s Black Rhino Group has paid over $25 million for the Deegan family’s sprawling Cardinia Park Hotel at Beaconsfield. Established in 1926, the Cardinia Park Hotel occupies a commanding 48,976sqm (4.9ha) lot in Melbourne’s south-east. It features a fully

WALSH’S GOOD TIME LANDS STRADBROKE ISLAND

Posted on October 21st, 2022 by Clyde Mooney
A partnership of Ben Walsh’s Good Time Group Holdings with the Anthony Moreton Group has purchased the idyllic Stradbroke Island Beach Hotel from long-time owner Bob Hill. The Beach resides on a generous 3,267sqm lot overlooking the picturesque Cylinder Beach,

KICKON SETS SIGHTS ON QLD’S OLDEST PUB

Posted on October 21st, 2022 by Clyde Mooney
Craig Shearer’s Kickon Group has taken another new prize in the Grand Dame of Cleveland, bringing plans for a multi-million-dollar renovation, and a familiar face partner. Built 1851, the Grand View Hotel began life as Cleveland House, before being renamed

SAVIC SCORES ANOTHER GONG, WITH IMG

Posted on October 19th, 2022 by Clyde Mooney
Veteran corporate hotelier Steve Savic has teamed up with the players behind IMG Hotels to purchase the tired Mittagong Hotel in the NSW southern highlands, with big plans. Built in the last few years of the 1800s, the three-storey Mittagong

LAUNDY NABS HUNTS HOTEL CASULA

Posted on October 5th, 2022 by Clyde Mooney
Pub king Arthur Laundy has picked up the sprawling Hunts Hotel in Casula, less than six months after the record-setting sale in the precinct of the Crossroads Hotel. Hunts is located directly opposite the big Crossroads, which sold to Nelson

MATTHEWS EXPANSION CONTINUES, WITH SUSSEX

Posted on September 19th, 2022 by Clyde Mooney
Matthews Hospitality, one of South Australia’s largest family-owned groups, has added the iconic Sussex Hotel at Walkerville to its portfolio. The Matthews group was established during World War II by Seymour and Doris (Dossie) Matthews, and today owned by third-generation

IRIS SEES OLD WISEMANS FROM YOUNG

Posted on September 12th, 2022 by Clyde Mooney
Bill Young has continued the house shake-up, selling his long-held Wisemans Inn Hotel to Sam Arnaout's expanding Iris Capital empire. The large-format Hotel was built by British convict Solomon Wiseman, who after being pardoned received a grant of 200 acres,

ENDEAVOUR SETS COURSE FOR FIVE ISLANDS

Posted on September 9th, 2022 by Clyde Mooney
Ludlow Hospitality and Paddy Coughlan have flipped popular Illawarra pub Five Islands to Mark Kennedy’s Endeavour Hotels. The former Cringila Hotel was built in 1956. The Gravanis brothers’ Oscars Hotels bought the tired operation, promoting itself as a ‘daddy daycare’