Property

WALSH PASSES KEYS IN RIVERINA

Posted on November 2nd, 2020 by Clyde Mooney
Popular local the Riverina Hotel in Wagga Wagga has been sold to an acquisitive Sydney-based hotelier in an off-market post-pandemic transaction that points to the increasing desirability of strong regional assets. The freehold going concern pub offers a public bar,

CHAPPELLS SELL TO ALH TO BUY DREAM

Posted on October 30th, 2020 by Clyde Mooney
Michael and Megan Chappell have traded up, divesting their popular pub at Narrabri to ALH and securing big new digs at Alstonville. The stately two-storey Federation-style Tattersalls Hotel at Narrabri was built 1912. Occupying a 1,712sqm block, it boasts multiple

FIRST-TIMERS PLUCK ROSE OF ROZELLE

Posted on October 12th, 2020 by Clyde Mooney
Two enthusiastic nearly-newcomers have taken the keys to Rozelle’s former Ruby L'otel turned Native Rose Hotel.  Matthew Younger and Kaine Costello have purchased the lease on the Native Rose from Mark Fethers and Tanya Maystrovoich, securing a deal for 17

HARVEST EXPANSION ON TRACK IN ALBURY

Posted on October 9th, 2020 by Clyde Mooney
Heralding a new focus on pubs, Harvest Hotels has expanded with the freehold going concern acquisition of Brady’s Railway Hotel for around $10 million. Harvest is fronted by hospitality die-hards Fraser Houghton and Chris Cornforth, who wield a focus on

THORPE HAT TRICK TO REVIVE THE DUKE

Posted on October 2nd, 2020 by Clyde Mooney
The Duke of Enmore has a new master, with the leasehold interest sold to emerging Sydney operator James Thorpe. The Thorpe brothers took on Darlinghurst beer mecca The Taphouse in 2017. They took their next step into Petersham’s Oxford Tavern

LAUNDYS PASS SWANSEA TO HUNTERS

Posted on September 30th, 2020 by Clyde Mooney
The Laundy family has brushed up the portfolio with sale of the big Swansea Hotel, sold in a second deal with the growing family-run Hunter Hotels. “We plan to be active in this environment both in terms of reviewing opportunities

CHARTER HALL INVEST IN ALH’S PARAP

Posted on September 25th, 2020 by Clyde Mooney
Charter Hall’s Long WALE has secured the deeds to ALH’s popular Parap Tavern in Darwin, in a $19.7 million deal and continued show of confidence in the sector. Established in 1937, the Tavern is a community favourite, known for its

AVC OFF TO AN OLD START IN ROBE

Posted on September 21st, 2020 by Clyde Mooney
Australian Venue Co. has announced its first post-COVID acquisition, signing on for the long-term lease of the historic Robe Hotel on the South Australian coast. The heart of the town of Robe, the Hotel will be AVC’s newest oldest pub,

LEWIS GROUP GOES LONG IN MON KOMO

Posted on September 21st, 2020 by Clyde Mooney
Lewis Land Group has announced completion of its acquisition of Redcliffe’s Mon Komo Hotel, representing the first Queensland pub transaction finalised amidst the COVID-19 pandemic. Mon Komo is a multi-faceted hospitality venue in what is considered the most desirable position

RISING NEWCOMER CATCHES MARVAN’S EVENING STAR

Posted on September 18th, 2020 by Clyde Mooney
The ready to shine Evening Star Hotel in Surry Hills has been sold for $12 million by Marvan Hotels to up-and-coming hotelier Barham Hamarashid, who is looking to capitalise on the precinct’s resurgence. Marcus Levy’s Marvan Hotels listed the pub