Property

KICKON HIT THE MARK IN TOWNSVILLE

Posted on May 6th, 2022 by Clyde Mooney
Craig Shearer’s Kickon Group has announced its expansion into northern Queensland and new partner Bart Furst, in acquisition of Townsville’s The Watermark. The Watermark, in the heart of Townsville tourist hotspot The Strand, features a relaxed sports bar and contemporary

THE FRIEND FINDS COLOSIMO IN NEED

Posted on May 4th, 2022 by Clyde Mooney
Glebe stalwart the Friend In Hand Hotel has been sold by Wallaby publican Bill Young to Marcello Colosimo’s Momento Hospitality. In a return to fortune, Young bought the pub in 2019 for around $10 million. His father and the Young

PIPER LANDS MEREWETHER’S BEACH

Posted on May 2nd, 2022 by Clyde Mooney
Property guru Glenn Piper has sealed the deal on Andrew Lazarus’ magnificent Beach Hotel at Merewether, in another new record for the Newcastle region. The large-format heritage-listed pub occupies a 1,850sqm site just three kilometres from the Newcastle CBD, with

PENDLE INN HOTEL THE LATEST BIG WESTERN SYDNEY SALE

Posted on May 2nd, 2022 by Clyde Mooney
Another big western Sydney pub has sold, with a private family the latest riding the gravy train on skyrocketing values through sale of their rail-side Pendle Inn Hotel. Established in the 1950s by the vendors, the pub’s sale now represents

UNIONS VOW TO BLOCK JOHN CURTIN REDEVELOPMENT

Posted on May 2nd, 2022 by Clyde Mooney
Union heartland the John Curtin Hotel has been sold to an unnamed developer, but the city is fighting its demise and unions have vowed to make hell for any proposed project. Built in the 1870s, across from the Victorian Trades Hall

PUBLICAN SAYS HOWLONG, AMID RED-HOT REGIONAL COMPETITION

Posted on April 27th, 2022 by Clyde Mooney
Growing regional publican Adam Drabarek has bought the Howlong Hotel, in the NSW border town of Howlong. Established in 1858, the single level brick Hotel occupies a prominent 2,023sqm corner site, with single bar operation, bistro, and gaming room with

GRAND HOTEL OF BUNDABERG IN NEW HANDS

Posted on April 27th, 2022 by Clyde Mooney
Bundaberg’s landmark Grand Hotel has been sold, amid strong ongoing demand for pub investment opportunities in regional Queensland. Situated on a large 2,024sqm lot in Bundaberg’s CBD, the mighty Grand offers a large main bar area, restaurant, function facilities, beer

NED KELLY SCORES ANOTHER IN SCONE

Posted on April 22nd, 2022 by Clyde Mooney
Ned Kelly’s burgeoning pub group has taken the deeds to the Belmore Hotel in Scone, in a return to where it all began for the industry veteran.  Built 1866 in the upper Hunter Valley as the Railway Hotel, the pub

ORION SEES BLUE SKY IN KENT WALKER’S EARLWOOD

Posted on April 20th, 2022 by Clyde Mooney
Kent Walker’s high-performing Earlwood Hotel has been snapped up by the newly-formed Orion Hotel Group, in a continuation of industry behaviour driving escalating values. Earlwood is a one-pub suburb virtually surrounded by suburbs with no pub, and benefitting from the

KELLY PORTFOLIO SELL-DOWN FINALISED

Posted on April 20th, 2022 by Clyde Mooney
Sale of the last of Damian Kelly’s portfolio has been finalised, finding new keepers for the large-format North Nowra Tavern and Crown Hotel of Surry Hills. These sales follow those of the Rose & Crown Hotel in Parramatta and the