Property

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

AVC GOES PARKSIDE IN ADELAIDE

Posted on June 16th, 2021 by Clyde Mooney
Australian Venue Co. has continued its confidence in South Australia with acquisition of Adelaide’s Parkside Hotel. Built 1958, the pub has been known as the Fountain Inn Hotel, but enters a new era courtesy of a recent renovation and new

MERIVALE DOUBLES DOWN IN NAROOMA

Posted on June 16th, 2021 by Clyde Mooney
Merivale has continued the buying spree with purchase of The Whale Inn, in Narooma, furthering its footprint on the New South Wales South Coast.  The Whale Inn is a boutique hotel and restaurant boasting breathtaking views of beaches and Wagonga

AVC CHARGES INTO SEQ CAPEX

Posted on June 9th, 2021 by Clyde Mooney
Australian Venue Co continues its lavish Investment into south-east Queensland, with more acquisitions and two more of two dozen planned renovations underway. The corporate allegiance between Australian Venue Co (AVC) and ASX-listed HPI is representative of the State’s consolidated place