Property

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

ALH TAKE JOE IRVIN’S BARKLY

Posted on February 10th, 2021 by Clyde Mooney
ALH has unleashed the chequebook, taking the title to Joe Irvin’s Barkly Hotel in booming Mount Isa. The Barkly enjoys a massive 1.35-Ha site in the regional town of Mount Isa – affectionately known as the ‘oasis of the outback’

BIG PRICE FOR BEST LITTLE PUB

Posted on February 8th, 2021 by Clyde Mooney
An unnamed Sydney investment company has snapped up seaside local the Jacobs Well Bayside Tavern for $8.5 million as market conditions bring south-east Queensland hotels further into focus. Jacobs Well Tavern Bayside enjoys a 3,946sqm block adjacent to the Jacobs

SILVERSTONE BOLSTERS ALLIANCE

Posted on February 1st, 2021 by Clyde Mooney
A local developer with a growing hotel portfolio has bought the Alliance Hotel in Spring Hill for an undisclosed sum, looking to further its place in the sector. The three-storey Hotel was built 1888, the design the work of well-known

ACTIVE AVC FLAGS FURTHER EXPANSION AND ENTICEMENTS

Posted on January 29th, 2021 by Clyde Mooney
Australian Venue Co. continues to pursue post-pandemic opportunities, taking a new venue in regional Victoria and fronting more specials to get patrons back into their pubs. Today AVC announced its purchase of the leasehold interest in the Criterion Hotel in

SMALL PUBS GET BIGGER AND BOLDER AT BVH

Posted on January 29th, 2021 by Clyde Mooney
Small Pubs has taken the next steps in its investment into Newtown, purchasing and adorning the freehold of Paddy Coughlan’s Botany View Hotel. Justin Small – previously one of the partners in Balmain Pub Group – took on a new