Property

TATTS PENRITH SELLS TO OSCARS’ BMG

Posted on July 22nd, 2020 by Clyde Mooney
The Tattersalls Hotel and Commercial Centre in Penrith's CBD has sold to the Gravanis brothers’ Oscars Hotels subsidiary BMG Developments. The Tatts is part of a 6,400sqm commercial building containing a mix of retail and commercial tenancies and 100 car

LION TAKEN BY ACQUISITIVE CONSORTIUM

Posted on July 20th, 2020 by Clyde Mooney
The heritage-listed Lion Hotel in North Adelaide has sold for the first time in a generation, picked up as part of ongoing plans by the newly-formed Duxton Pubs Group. Outgoing owners Tim Gregg and Andrew Svencis bought the pub in

WAUGH DOUBLES UP IN TAMWORTH

Posted on July 17th, 2020 by Clyde Mooney
Hotel veteran Ashton Waugh has expanded his cache of regional stalwarts with the purchase of Joe Maguire’s Tavern in Tamworth. The pub occupies a big 3,500sqm lot on main road Peel Street, incorporating a large bistro and commercial kitchen, beer

SLY FOX DORE INTO ENMORE

Posted on June 19th, 2020 by Clyde Mooney
The recently departed Sly Fox of Enmore will live and breathe again under the wing of acquisitive inner-west publican Ged Dore, who has quickly jumped to a hattrick in the district. After trading for more than 16 years as a

UNIVERSAL HOTELS LAND THE NEW THE MILL

Posted on June 10th, 2020 by Clyde Mooney
The Kospetas family’s Universal Hotels has won the race into the new pub below the latest high-end development in Bondi Junction, soon to be opening a new incarnation of The Mill. The former Mill Hill Hotel, on the corner of

FITZROY FGC GOES TO EXPANDING NEW LOCAL

Posted on June 3rd, 2020 by Clyde Mooney
Luke Ainscough has expanded his Windsor region collection, taking the re-stapled freehold going concern of the well-known Fitzroy Hotel. The Fitzroy was established around 1852 on a generous 1,319sqm site in the heart of Windsor’s retail and commercial zone. The

BRIGHTON IN NEW HANDS AGAIN

Posted on June 3rd, 2020 by Clyde Mooney
The Brighton Hotel in Mandurah has kick-started real estate transactions again in Western Australia, selling to a local syndicate and operators as the State’s pubs reopen this week. Mandurah is WA’s largest regional city, found around 70 kilometres south of

REILLY PUTS HENSON OUT TO DORE

Posted on May 29th, 2020 by Clyde Mooney
Inner west legend Ray Reilly has done a deal to divest his ‘ray of sunshine’ The Henson, passing his beloved baton to long-time cohort Ged Dore as part of a new partnership. The pub, previously known as the Henson Park

MALONEY LISTS ST JAMES FREEHOLD

Posted on May 18th, 2020 by Clyde Mooney
Publican Kim Maloney OAM has listed two freehold assets in Sydney’s CBD, behind and above his St James Hotel, with sources suggesting market expectations circa $60 million. The long-time publican and son of industry legend Cyril Maloney bought the freehold

CONTI SOLD AGAIN TO ANOTHER DEVELOPER

Posted on May 15th, 2020 by Clyde Mooney
The heartbreaking saga of the restoration of Sorrento’s magnificent Continental Hotel has reached another milestone, with prominent Melbourne developer Trenerry Property Group ready to settle on the latest deal. Bought years ago by Melbourne hotelier Julian Gerner, the four-storey limestone