Property

NRL KICKS OFF INVESTMENT PLANS, BUYING GAMBARO HOTEL

Posted on July 4th, 2022 by Clyde Mooney
The NRL has purchased the legendary Gambaro Hotel as part of investment plans to underwrite the future of Rugby League. The Australian Rugby League Commission, the NRL's controlling body, is implementing a strategy to invest in hard yielding assets, aiming

WHELANS SEE IRIS INTO GENERATIONAL STRATHFIELD HOTEL

Posted on July 1st, 2022 by Clyde Mooney
Ending more than a century under stewardship of the Whelan family, the large-format Strathfield Hotel has sold for around $80 million to Sam Arnaout’s Iris Capital. The three-level pub was built in 1918 after WWI by John Whelan, courtesy of

AVC EXPANSION TAKES IN THE BOUNDARY

Posted on July 1st, 2022 by Clyde Mooney
Australian Venue Co forges ahead with investment in the Sunshine State, now acquiring Brisbane landmark The Boundary. Established in 1864, in Brisbane’s West End, the well-known pub was given a new lease on life in 2018 through a major renovation

MANNING RIVER BRINGS QUINN TAREE TRIFECTA

Posted on June 29th, 2022 by Clyde Mooney
Taree’s large-format Manning River Hotel has been snaped up by the acquisitive syndicate led by Nick Quinn. Situated on Taree major thoroughfare Oxley Street, just a few hundred metres from the mighty Manning, the established Hotel claims many of the

TAPHOUSE CASHES IN AT THE MACCA

Posted on June 27th, 2022 by Clyde Mooney
Taphouse Group has sold its landmark Port Macquarie pub to an established hotelier for what is thought to be a record price for the area.  Known as The Macca, the heritage-listed Port Macquarie Hotel was established in 1939, making it

GOOD BEER HEADS INTO HAROLD PARK

Posted on June 24th, 2022 by Clyde Mooney
Good Beer Company is back on the acquisition horse, buying comedy legend the Harold Park Hotel in Sydney’s inner west. In 1903 the pub on the Ross Street corner in suburban Forest Lodge was known as the Little Bridge Hotel,

BLACK FOX TAKES DORE INTO BALLINA

Posted on June 22nd, 2022 by Clyde Mooney
Ged Dore has partnered again with private equity fund Black Fox Property, securing the Australian Hotel in idyllic Ballina, outside Byron Bay. The classic two-story ‘Aussie’ occupies a large 1,787sqm corner site, offering a main public bar, bistro, gaming room

BROPHYS OUT FOR THE COUNT

Posted on June 17th, 2022 by Clyde Mooney
Fred and Sandi Brophy, the couple behind the famous Fred Brophy’s Boxing Troupe, have sold their last pub, the Kilkivan Hotel, to newcomers as they exit the industry. The Brophys owned the Cracow Hotel, 500 kilometres north-west of Brisbane, which

COLEMAN DISPATCHES POST OFFICE AS GDM GROWS

Posted on June 17th, 2022 by Clyde Mooney
Publican Matt Coleman has executed a sale and leaseback on his Post Office Hotel in Forbes, as part of the further expansion of GDM Hotels, which includes purchase of Stockton’s Boatrowers Hotel. The historic Post Office was built 1864 and

AVC PICKS UP NINE PUBS, FROM ARK AND CLG

Posted on June 15th, 2022 by Clyde Mooney
Australian Venue Co has announced agreement to purchase nine venues in Western Australia from Ark Group and Colonial Leisure Group, for a reported $30 million. The conditional acquisition brings all seven venues under the banner of Ark Group. In Perth