Property

KNOX LOCKS UP TWO MORE IN NEW ENGLAND

Posted on May 25th, 2022 by Clyde Mooney
Jim Knox continues his New England penchant with purchase of both the Imperial Hotel in Inverell, and freehold of the Royal Hotel in Tingha. The two-storey Georgian Imperial was built on an expansive 2,063sqm lot on a major corner, and

KEARNEYS PART WITH THE BEAUFORD AFTER 30 YEARS

Posted on May 23rd, 2022 by Clyde Mooney
After more than three decades of continuous ownership, the Kearney family have parted with their Beauford Hotel, in red-hot Steel City. The Beauford is a postcard-perfect corner pub in the Newcastle suburb of Mayfield, enjoying dual street frontage on a

ENDEAVOUR LANDS THE BEACHFRONT

Posted on May 20th, 2022 by Clyde Mooney
The big, boisterous Beachfront Hotel has been sold to the ASX-listed Endeavour Group, aka ALH, by long-term owner Doug Sallis. Occupying a massive 7,000sqm close to the Darwin CBD, Hospital and the Northern Territory’s largest retail centre, the Beachfront provides

FUNDS MANAGER BRYAM JOHNSTON RACES INTO TARANA HOTEL

Posted on May 20th, 2022 by Clyde Mooney
Corporate high flyer Bryam Johnston and his wife Deborah are the latest high net worth-ers to take a stake in the on-flavour pub market, buying Lithgow’s popular Tarana Hotel. Known by locals as ‘The Na’ the Tarana was built in

OSCARS DIVE INTO WESTWATERS RECORD DEAL

Posted on May 18th, 2022 by Clyde Mooney
AFL legends the Hawthorn Football Club have executed sale of their massive WestWaters Hotel & Entertainment Complex to Oscars Hotels, in a new record deal for the state. The WestWaters Hotel & Entertainment Complex was built around Lake Caroline, occupying

RED STEER WAGGA JOINS FEROS PORTFOLIO

Posted on May 18th, 2022 by Clyde Mooney
Acclaimed Sydney operator the Feros Group is the latest to stake a claim in regional centres and into Wagga Wagga, snapping up the Red Steer Hotel and Motel. The relaxed country Hotel offers multiple bars, gaming room with nine machines,

ROYAL ALBERT MEETS MOMENTO’S MOVE

Posted on May 16th, 2022 by Clyde Mooney
Marcello Colosimo’s Momento Hospitality has continued its march into inner-city prospects with purchase of the famed Royal Albert Hotel of Surry Hills. On the southern edge of the Sydney CBD, the Surry Hills boozer is well known as one of

WAUGH PICKS UP REDCAPE’S MINSKYS

Posted on May 13th, 2022 by Clyde Mooney
Redcape has divested its lower north shore party venue Minskys Hotel to a partnership between Mitchell Waugh and the Karellas family. Situated on major thoroughfare Military Road in Cremorne Plaza, the freehold going concern Hotel offers bar areas, with 24-hour

NED KELLY HEADS NORTH TO AMBLE INN

Posted on May 13th, 2022 by Clyde Mooney
Ned Kelly has charged into the Amble Inn, bolstering the gang with a massive coastal lot at Corindi Beach, near Coffs Harbour. The Amble Inn was built by the family operators in 1985, on a huge 1.6-Ha (16,000sqm) property around