Property

A NEW ERA FOR THE EMPIRE

Posted on October 2nd, 2019 by Clyde Mooney
Goulburn’s Empire Hotel is a freehold going concern again, with a new publican buying the re-stapled freehold and operation. In August private owners of the title joined with long-time operator Allan Deeth to send the pub to market. The Empire

AIRLIE BEACH HOTEL CONQUERS DEBBIE

Posted on September 27th, 2019 by Clyde Mooney
The windswept Airlie Beach Hotel is back down to earth and safely in new hands, after overcoming the ravages of Cyclone Debbie. Built 1968 on an 8,819sqm block just metres from the destination Whitsundays tourist beach, the Airlie Beach Hotel

LAUNDY BANKS IN MAITLAND

Posted on September 25th, 2019 by Clyde Mooney
Furthering the Hunter’s quest as one of the country’s hottest regions for pub property, industry icon Arthur Laundy has snapped up the Clancys’ The Bank at Maitland. Going coastal from Sydney, in 2010 Terry and Tammy Clancy bought up the

50-YEAR OWNERS SELL SUBIACO TO LOCALS

Posted on September 25th, 2019 by Clyde Mooney
After 50 years in the same hands, Perth icon the Subiaco Hotel has been bought by dynamic local publicans Dave Allan and Lawson Douglas. Michael and Judy Monaghan acquired the historic pub business in the late 60s, and bought into

BALMORAL SNAG SHELL COVE’S WATERFRONT TAVERN

Posted on September 18th, 2019 by Clyde Mooney
The newly-formed Balmoral Hospitality Group has announced another big greenfield build, winning the race to be the Waterfront Tavern at the massive Shell Cove development. Shell Cove is a $2.3bn mega-project by Frasers Property Australia and Shellharbour City Council, based

PARADISE IN VICTORIA KEEPS MARKET HOT

Posted on September 18th, 2019 by Clyde Mooney
The Paradise Valley Hotel freehold going concern has been sold in a classic perpetuation of Victoria being the tightest market in the country. The Hotel is set on a big 9,916sqm block, offering a large public bar, TAB facilities, commercial

AVC STRATEGY TAKES EUROPEAN BIER CAFÉ

Posted on September 16th, 2019 by Clyde Mooney
Continuing its portfolio tuning, Australian Venue Company has announced acquisition of a Melbourne bier, sport and comedy institution – the European Bier Café. The multi-level venue on Exhibition Street features a bar and function space, Aer rooftop bar, and a

NEW FISHER-DENMEADE GROUP TO RAISE FLAGSTONE

Posted on September 13th, 2019 by Clyde Mooney
Industry identities Joel Fisher and Andrew Denmeade are back in the business, having secured a hot new site in one of Australia’s largest urban zoned greenfield developments. The Master Planned Community of Flagstone, within the Logan growth corridor south-west of

GUEST TAKES ON SURREY HOTEL REDFERN

Posted on September 13th, 2019 by Clyde Mooney
Redfern’s historic Surrey Hotel is in new hands, with regional operator Adrian Guest taking the keys at the opportunity-laden pub on the city fringe. Built 1886 and continually licensed, the three-storey Surry is deemed both architecturally and historically significant by

GERNER GONE FROM SORRENTO’S TROUBLED CONTINENTAL

Posted on September 6th, 2019 by Clyde Mooney
Julian Gerner has found a good outcome with sale of his troubled Continental Hotel, with a buyer looking to resume restoration and development works immediately. Career hotelier Gerner bought into the Continental – aka the Conti – back in 2015.