Property

OSCARS TAKE BEACHIE FROM KINGSTON

Posted on March 26th, 2021 by Clyde Mooney
Former Rothschild MD turned hotelier David Kingston has sold his rejuvenated Beachcomber Hotel in Toukley to the Gravanis brothers’ Oscars Hotels for a reported $20 million. The local institution ‘Beachie’ enjoys a generous 1.1-Ha (11,000sqm) site between two lakes and

YOUNG CATCHES GALLAGHER’S ROYAL RYDE

Posted on March 24th, 2021 by Clyde Mooney
Industry doyen Patrick Gallagher has divested his Royal Hotel in Ryde to former Wallaby and growing Sydney hotelier Bill Young. Located on a prominent corner of arterial Blaxland Road, opposite the redeveloped Top Ryde shopping centre, the Royal counts a

HEDLEY GOES AGAIN WITH TOLGA HOTEL

Posted on March 24th, 2021 by Clyde Mooney
Pub industry stalwart Tom Hedley has picked up the heritage Tolga Hotel in the Atherton Tablelands in his continued expansion in northern Queensland. The two-storey Tolga Hotel is reminiscent of classic Queensland-style architecture, and the only pub and central to

MARLOW CAPTURES FRESH FIELDS WITH ROBIN HOOD

Posted on March 22nd, 2021 by Clyde Mooney
The paladin Robin Hood Hotel has sold to Jason Marlow for what is thought to be a record sale for regional pubs. The large-format Robin Hood is on a sprawling 32,700sqm block in the heart of Orange, and known for

DUXTON SNAPS UP THREE MORE

Posted on March 17th, 2021 by Clyde Mooney
The newly-formed and ambitious Duxton Pubs investment fund has snapped up three more hotels in South Australia, on its way to become a national player. Mid-2020 news emerged hoteliers Ed Peter, Martin Palmer and Brett Matthews had teamed up to

DORE CLOSES ON GREAT SOUTHERN OPPORTUNITY

Posted on February 19th, 2021 by Clyde Mooney
Berry's Great Southern Hotel has been sold for $6 million to a consortium fronted by well-known Sydney publican Ged Dore, in another example of the continued strength of NSW’s coastal market. Dore already owns an enviable portfolio of food &

GOOD TIMES SEEING DOUBLE IN ARMIDALE

Posted on February 19th, 2021 by Clyde Mooney
Good Times Industries has doubled down in Armidale, adding the two-storey Grand Hotel to its local portfolio. This year enjoying its centennial, the stately Grand occupies a generous corner lot of Rusden and Ohio streets, in the heart of town.

IRIS INVESTS IN IVANHOE

Posted on February 17th, 2021 by Clyde Mooney
In an early contender for the biggest national deal of 2021, Sam Arnaout’s Iris Capital has bought the northern beaches’ stately Ivanhoe Hotel on Manly Corso. Trading over three manicured levels, the Ivanhoe has long been a staple of the

SHORT AND LAUNDY SPLASH AT LENNOX HEAD

Posted on February 15th, 2021 by Clyde Mooney
The impressive, beachside Lennox Hotel has been bought by a partnership between Fraser Short and Stu Laundy, ushering in a new flagship for local aspirations. The latest Short-Laundy hospitality consortium bought the large-format pub from the private Campbell and Lister

JDA WINS BATTLE TO GENERAL GORDON

Posted on February 10th, 2021 by Clyde Mooney
Suburban stronghold the General Gordon Hotel is the latest big-ticket Sydney pub sold, picked up by Feros’ JDA Hotels – weeks before it reopens from a fire that closed it over two years ago. In July 2018 news broke the