Property

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.

MURPHYS MOVE INTO SINGLETON

Posted on September 6th, 2019 by Clyde Mooney
The Murphy brothers are back in the game, picking up the freehold going concern of Singleton’s Imperial Hotel. In July freehold owners Walker Douglas Group (WDG) teamed up with lessee Callen Hotels to offer the business and property to a

DAN AND JANINE FAREWELL GEORGE TO THOMAS

Posted on September 4th, 2019 by Clyde Mooney
Dan and Janine Redman have ended two decades defining hospitality with the big-ticket sale of their beloved George Tavern Greenhills to Chris Thomas and Thomas Hotels. The George is a big, friendly pub on the New England Highway through Greenhills,

HURLEYS GO COASTAL WITH IVORY TAVERN TWEED HEADS

Posted on August 23rd, 2019 by Clyde Mooney
Industry stalwart the Hurley Group has expanded beyond home state with purchase of Brendan Lawless’ elegant Ivory Tavern in Tweed Heads. NSW publican Brendan Lawless purchased the Ivory in 2017, taking option on the freehold going concern from a Brisbane-based

MURPHY GETS COMMERCIAL IN REDBANK

Posted on August 16th, 2019 by Clyde Mooney
Another NSW hotelier has jumped the border, with Gerry Murphy paying circa $6 million for classic ‘Queenslander’ the Commercial Hotel at Redbank. The two-storey balcony-clad mostly timber pub was built 1915 on a generous 2,702sqm lot, in the block between