Property

DOYLES DIVEST FAMILY HOTEL AFTER 37 YEARS

Posted on February 21st, 2020 by Clyde Mooney
The Doyle family are parting with their long-held and monikered Bridge Hotel in Mordialloc, as another stage of life unfolds. Career publican Peter Doyle leased and operated the Balaclava Hotel until its sale, whereupon he leased the Bridge from Carlton

RIVERSDALE’S THE ELEPHANT TAKES TILLEY & WILLS TO QUEENSLAND

Posted on February 19th, 2020 by Clyde Mooney
The Riversdale operated APF has completed its freehold “disposal strategy” in Brisbane, selling the voluminous The Elephant for over $20 million to Sydneysiders Simon Tilley and Nick Wills. Singleton, Dixon and Carnegie’s Australian Pub Fund (APF) has been strategically selling

KELLY GRABS GULGONG

Posted on February 17th, 2020 by Clyde Mooney
Ned Kelly & Co have taken the second new pub in as many weeks, growing the Mudgee region portfolio with Gulgong’s Centennial Hotel. The 148-year-old Centennial stands at the town centre corner of Mayne and Medley Streets in Gulgong, home

HARVEST CASH OUT OF YASS

Posted on February 17th, 2020 by Clyde Mooney
Harvest Hospitality has completed an exit from Yass with the quick-turnaround sale of the historic Australian Hotel. A pub opened on the site in 1863, named the Hibernian Hotel, owned and operated by former convict John Martin. It was renamed

MOELIS LANDS RECORD SALE AT BYRON

Posted on February 12th, 2020 by Clyde Mooney
Moelis Australia has announced finalisation of its record-breaking purchase of Byron Bay’s Beach Hotel, and its ongoing strategy for the gaming-free coastal icon. The Beach, aka the ‘Top Pub’, occupies a sprawling 4,585sqm site that counts 100 metres fronting Byron’s

CAPTAIN COOK SETS A NEW COURSE

Posted on February 12th, 2020 by Clyde Mooney
The recently beached Captain Cook Hotel at Paddington is back in the game at the hands of new owners, with a revised charter and fresh approach. Built 1914, the four-storey Captain Cook oversees the intersection of Flinders Street and Moore

NED KELLY TAKES OVER THE GLOBE

Posted on February 5th, 2020 by Clyde Mooney
Pub industry identity ‘Ned’ Kelly is growing his footprint in the Mudgee food bowl, picking up the stately Globe Hotel in Rylstone. The Globe came to market late 2019, offering a diverse business led by popular restaurant The Shed, alongside

NEW ROLLINGS INTO AN OLD AUSTRALIAN

Posted on February 3rd, 2020 by Clyde Mooney
The next generation is up and running in the heartland Australian Hotel, heralding a new era in an historic Cowra pub. The original licensed inn of Cowra came to be in 1846, later making way for the current structure, built

BILL YOUNG TAKES ILLINOIS FIVE DOCK

Posted on January 29th, 2020 by Clyde Mooney
Former Wallaby great and pub stalwart Bill Young has jumped on a rare opportunity, picking up the Hardin’s Illinois Hotel Five Dock for circa $15 million. The large pub is situated on the corner of bustling Parramatta Road and Arlington

REILLY GOES SOUTH

Posted on January 24th, 2020 by Clyde Mooney
Pioneering Sydney publican Ray Reilly has stepped out of his inner west sanctum, buying the freehold going concern of the pastoral Sutton Forest Inn. Established 1936, the two-storey hotel is nestled among the rolling green hills of the Southern Highlands, on