Property

LONG-TIME MANAGER WINS RACE TO REST

Posted on July 5th, 2021 by Clyde Mooney
The waterfront Anglers Rest Hotel is ushering in the next generation, seeing Geoff Watts and Mal McKellar sell the freehold going concern to one of their long-serving managers. The McKellar and Watts families have owned the Anglers Rest Hotel for

COLOSIMO & CO HEAD TO MUSWELLBROOK

Posted on July 5th, 2021 by Clyde Mooney
Eatons Hotel in Muswellbrook has been sold by the Ryan family to an associate of Marcello Colosimo, with operations destined for the Momento portfolio. Eatons is positioned on almost an acre of land (3,490sqm) on the major arterial road through

LAUNDY O’HARA CRUICKSHANK BUY BIG IN ALBURY

Posted on July 2nd, 2021 by Clyde Mooney
Continuing the interest in hot regional assets, the Laundy O’Hara Cruickshank consortium has bought Albury’s Springdale Heights Tavern for $22 million, representing a regional record. Established in 1988 on a huge 1.2-Ha corner site on arterial Kaitlers Rd in Lavington,

NEW MOELIS PUB FUND BUYS IN BENDIGO FOR $55m

Posted on July 2nd, 2021 by Clyde Mooney
Moelis Australia has announced acquisition of Bendigo’s All Seasons Resort Hotel for $54.5 million, expanding into regional Victoria with a property previously sold by Redcape. MA Financial Group (ASX:MAF) reports it has exchanged contracts on the purchase, set on a

BLACK RHINO BULLISH ON O’CONNELL ST

Posted on July 2nd, 2021 by Clyde Mooney
David Tomsic’s Black Rhino Group has gone again in Adelaide, picking up a vacant pub on O’Connell Street with plans for an overhaul and new eponymous moniker. The latest acquisition is amongst the bustling North Adelaide Village Shopping Centre, offering

NEWCOMERS TAKE MOONEY’S BYRON BAY PRIZE

Posted on June 30th, 2021 by Clyde Mooney
Long-time hotelier Tom Mooney is the latest to benefit from the appetite for Byron Bay, selling the Great Northern Hotel, which the family have owned and operated for nearly three decades. The commanding Great Northern stands on a 2000sqm corner

CHEF MATT MORAN BUYS ROCKLEY PUB

Posted on June 28th, 2021 by Clyde Mooney
Matt Moran, celebrity chef and partner to Solotel, has bought the historic Rockley Pub, bringing big plans for the town.  Rockley is a picturesque village 35 kilometres south of Bathurst, or 220 west of Sydney. Built 1872 by William Brownlow

JULIEN MOUSSI SCORES AT ROBERT BURNS HOTEL

Posted on June 28th, 2021 by Clyde Mooney
The iconic Robert Burns Hotel in Collingwood has been purchased by Julien Moussi’s up-and-coming Only Hospitality Group, heralding plans for a new era and new name. Julien Moussi is a former VFL footballer, who stopped playing for the Box Hill

BLACK RHINO PICKS UP THE GEORGE

Posted on June 21st, 2021 by Clyde Mooney
David Tomsic’s Black Rhino Group has maintained momentum into South Australia, locking in his third pub in the new state – the George Hotel, in Millicent. Previously known as the Sportman’s Hotel, the rebranded The George is on main drag

COUGHLAN BACK IN PUBS, TAKING OSCARS’ FIVE ISLANDS

Posted on June 16th, 2021 by Clyde Mooney
Pub mover and shaker Paddy Coughlan is back in the race with a remodelled vehicle and acquisition of Oscars’ Five Islands Hotel in Wollongong for over $20 million. The Gravanis brothers’ Oscars Hotels bought the freehold going concern of the