Property

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

WORLD-FAMOUS BIRDSVILLE HOTEL SELLS TO OUTBACK ENTREPRENEURS

Posted on January 15th, 2020 by Clyde Mooney
One of Australia’s most famous hotels and icons of the red centre has sold, bringing new outback blood to the heritage-listed Birdsville Hotel. Located a leisurely 1,600 kilometres west of Brisbane and 1,200 north of Adelaide, the western Queensland town

TAMBREY TRANSACTS AMID NORTH-WEST CLARITY

Posted on January 15th, 2020 by Clyde Mooney
More than two years after being put in the hands of receivers, clarity around future licensing has brought sale of the large-format Tambrey Tavern in north-west WA. Early 2018 both the Tambrey and Karratha Taverns in Karratha returned to market

THORPE PARTS WITH HARBORD BEACH HOTEL

Posted on January 13th, 2020 by Clyde Mooney
Ending more than four decades custodianship, former AHA NSW President John Thorpe has sold the iconic Harbord Beach Hotel to local real estate tycoon and industry newcomer Glenn Piper. Thorpe and partner Trish King took the reins to the landmark

TEMORA’S SHAMROCK YIELDS SALE

Posted on December 18th, 2019 by Clyde Mooney
After seven decades and three generations, the Leary family has sold its Shamrock Hotel in Temora to another in the convoy of Sydney-based publicans. Built on a 1,242sqm block on the main road through Temora, around 400 kilometres west of

REDCAPE’S $51m ‘SWAP’ WITH SLEIMAN

Posted on December 16th, 2019 by Clyde Mooney
Redcape ends a record-setting year in pub real estate with a bang, acquiring Hurstville’s Kings Head Tavern while divesting its Royal Hotel Granville for $51 million to the same party.  The ASX-listed Redcape Hotel Group (ASX: RDC) today announced a

MURPHY BROTHERS TAKE IMPERIAL SINGLETON

Posted on December 11th, 2019 by Clyde Mooney
Two years after selling in Maitland, the Murphy brothers are back in the Hunter, buying the freehold going concern of the Imperial Hotel at Singleton from Walker Douglas and Callen Hotels. Walker Douglas Group (WDG) has held title on a

LONG-TIME OWNERS FAREWELL COMMERCIAL CURLEWIS

Posted on December 9th, 2019 by Clyde Mooney
After more than three decades the Edmonds and Schofields have called time on the partnership running the Commercial Hotel in Curlewis, finding a new owner from Newcastle. In 1987 Gwenda and Kevin Edmonds, and Robert and Margaret Schofield, went into

HUNTER GROUP SCORES KINNY PUB

Posted on December 6th, 2019 by Clyde Mooney
Central Coast favourite the Kincumber Hotel has sold for circa $15 million, but remains in local hands by way of Hunter Hotel Group. Known locally as ‘Kinny Pub’, the Kincumber Hotel has been an institution in the coastal precinct since