Property

ENORMOUS VINEYARD HOTEL SELLS FOR ENORMOUS SUM

Posted on October 8th, 2021 by Clyde Mooney
Ending a hotly-contested campaign conducted entirely during COVID closure, the Stanfords have achieved a national record sale for 2021 of circa $70 million for their monolithic Vineyard Hotel. The extremely large-format Vineyard is a mixed-use hospitality operation on 76,900sqm on

PUB SALES FOR ALH AND THE LOADED DOG

Posted on October 8th, 2021 by Clyde Mooney
Pub sales continue unabated across the east coast, and if freehold going concerns and operations aren’t transacting investors are finding the deeds on investment freeholds. Listed funds manager Charter Hall has secured ALH’s Imperial Hotel for $6.618 million, representing a

THE BIRALLEE JOINS AVC

Posted on October 1st, 2021 by Clyde Mooney
Australian Venue Co continues its investment into regional Victoria with acquisition of the popular Birallee Tavern of West Wodonga. The Tavern is a sandstone and brick structure, built in 1994, located in a shopping centre precinct in a significant residential

GRAVANIS BROTHERS GO TO TOWN WITH THE PUB GROUP

Posted on September 29th, 2021 by Clyde Mooney
Oscars’ Mario and Bill Gravanis have made their first big move into the red hot regional market, partnering with Craig Power to purchase the entire The Pub Group Tamworth portfolio from Bevan Douglas. The Pub Group, based in the NSW

MATHIESON BUYS MERRIMAC TAVERN THROUGH NEW PUB GROUP

Posted on September 24th, 2021 by Clyde Mooney
A new pub outfit headlined by Bruce Mathieson has secured the Merrimac Tavern, on the Gold Coast. The Queensland OLGR website reports approval for the licences to Merrimac Operations P/L, as trustee for the Merrimac Tavern Operations Unit Trust, which

MANLY HOTEL FUTURE UNCERTAIN AS McDONALDS EXIT

Posted on September 24th, 2021 by Clyde Mooney
After 51 years and too many beers to count, the McDonald family’s tenure at the celebrated Manly Hotel will come to an end at the end of the month. Stewart and Dulcie McDonald took on a lease at the pub

LAKE ILLAWARRA LEGACY SALE

Posted on September 22nd, 2021 by Clyde Mooney
After nearly four decades behind the wheel, the Hampton family has handed its Lake Illawarra Hotel in Windang to a growing hotelier. Once a Tooth’s brewery, the Lake Illawarra occupies a 6,038sqm site a stone’s throw from its namesake, around

COLLECTIVE HEADS TO KICKON WITH NEW VENUES AND LOOK

Posted on September 15th, 2021 by Clyde Mooney
Craig Shearer and crew’s Collective Heads has relaunched as Kickon Group, along with new appointments and two new venues in the portfolio. The Kickon Group portfolio began with Fitzroy North’s The Terminus, Brisbane’s historic Plough Inn, and The Collective, on

BARRY ADDS GRAFTON CROWN JEWEL TO THE PORT

Posted on September 15th, 2021 by Clyde Mooney
North coast publican Harry Barry has taken the title to the idyllic Crown Hotel of Grafton, in the NSW northern rivers region. The Crown Hotel Motel is situated on 6,000sqm of riverfront land in the heart of historic Grafton. The

PENINSULA PLAYERS LEAP ON BALMAIN’S DRY DOCK

Posted on September 10th, 2021 by Clyde Mooney
Sydney’s white-hot pub market continues despite closures with sale of the languishing Dry Dock Hotel to new specialist entity Peninsula Hospitality Group. Recognised as one of Balmain’s oldest pubs, established 1857, the Dry Dock is adjacent to the Balmain Ferry