Property

GOOD TIMES AS INGHAM-MYERS DIVEST NEW ENGLAND

Posted on June 17th, 2019 by Clyde Mooney
Brett Nielson and Steve Forbes have taken their newly-formed Good Times Industries west to Armidale, picking up ‘The Newie’ as the Ingham-Myers' exit the region. Nielson is long-time owner of the Glengarry Castle Hotel in Redfern, where he used to

PENTAGON TAKES $30m EBC PORTFOLIO

Posted on June 12th, 2019 by Clyde Mooney
The expanding Pentagon Group has fronted up over $30 million for EBC Leisure’s portfolio of three pubs in the blossoming apple isle. Unlisted pub vehicle EBC began moves last year to divest its pub interests, after more than a decade

SOLMAN TICKS BUCKET AS NEWCOMER ENTERS CLUB HOUSE

Posted on May 29th, 2019 by Clyde Mooney
Brad Solman has executed his plan for early retirement, divesting the freehold going concern of Singleton’s grand old Club House Hotel. The two-level brick pub on main road John Street offers a welcoming public bar, bistro, beer garden, on-site parking

TOOMEY RETURNS TO THE GAME AT QUEENSPORT

Posted on May 27th, 2019 by Clyde Mooney
Brisbane’s “country pub in the city” – the Queensport Tavern – has been sold by its colourful long-term owners to Michael Toomey, in a return to industry. Former horse racing identity Peter Chase and race car driver Warwick Brown have

AVC + COLES EXPANSION BEGINS WITH RIVERLAND

Posted on May 13th, 2019 by Clyde Mooney
The brand new joint venture between Australian Venue Company and Coles has kicked off further expansion plans with purchase of Open Arms Hospitality’s Brisbane hot-spot Riverland. This marks the first acquisition for the newly-formed Queensland Venue Company (QVC), which sees

IRIS TAKES HOTEL STEYNE IN RECORD DEAL

Posted on May 6th, 2019 by Clyde Mooney
High-flyers Arthur Laundy and John Singleton have sold their Manly institution The Steyne to booming Iris Capital in a record deal for a Sydney freehold going concern. Built 1859, the Hotel Steyne has stood sentry over the Manly Beach for

PELATHON NEW CUSTODIANS OF NORMANBY

Posted on May 3rd, 2019 by Clyde Mooney
Jaz Mooney’s Pelathon Group has taken on another big project in self-proclaimed "Brisbane’s Best Pub” – the noble and sometimes notorious, Normanby Hotel. A living hero of Brisbane’s history since 1890, the Normanby is found on a big 3,683sqm block

SINGO SWEEPS UP GOSFORD’S BIG ELANORA HOTEL

Posted on April 26th, 2019 by Clyde Mooney
Real estate mogul ad-man John Singleton has backed his own overtures in Gosford with the big-ticket purchase of family legacy pub the Elanora Hotel. Large-format ‘The Elly’ enjoys a big 7,667sqm block on a corner of East Gosford main thoroughfare

HEMMES FORKS OUT $7.5m FOR 3 WEEDS

Posted on April 24th, 2019 by Clyde Mooney
Justin Hemmes is keeping up his growth strategy, picking up Rozelle’s 3 Weeds in a strong result for the long-time owners and the evolution of the peninsula precinct. Set on an 880sqm lot around four kilometres west of the Sydney

KELLY LOOKS TO REVIVE THE EDDY

Posted on April 17th, 2019 by Clyde Mooney
One of Bathurst’s oldest pubs is set to be revived, entering the growing portfolio of local operator MPK Hotels. The two-storey Edinboro Castle Hotel occupies a big 1300sqm plot in the middle of Bathurst thoroughfare William Street. ‘The Eddy’ has