Property

BIG NEWCASTLE SALES AS MIGRATION CONTINUES

Posted on February 6th, 2019 by Clyde Mooney
Newcastle region continues its run of hot sales, with two transactions totalling a reported $20 million in the Belmont Hotel and Salamander Tavern. The Belmont is a large-format hotel on a 3,753sqm prominent corner of the Pacific Highway and Hitchcock

COOPERS HOTEL SELLS TO NEWCOMER

Posted on February 1st, 2019 by Clyde Mooney
Newtown stalwart the Coopers Hotel has sold to new entrants to the sector, with Matt Williams’ King Tide group taking on their first pub for around $13.5 million. Strategically located at the northern end of King Street, just a few

THE TAPHOUSE BROTHERS TAKE ON AVC’S THE OXFORD

Posted on January 21st, 2019 by Clyde Mooney
The brothers Thorpe are leveraging their boutique beverage brains trust with expansion into and of AVC’s former Drink n’ Dine pub, The Oxford, at Petersham. The hyper-expansive Dixon Group snapped up the collection of three venues owner-operated by Jaime Wirth

WHITTEN-PROUT ON THE ROAD TO GUNNEDAH

Posted on January 16th, 2019 by Clyde Mooney
The Gibbs’ have sold their Gunnedah Hotel in My Country to an expanding partnership of Daniel Whitten and Luke Prout. The best pub in one of the State’s rapidly growing towns, the Gunnedah is a big two-storey structure on 2,921sqm

FLOWER EXPANDS IN PORT AND LAKE CATHIE

Posted on January 14th, 2019 by Clyde Mooney
Celebrated community publican Alistair Flower has further expanded a growing portfolio with the purchase of the Lake Cathie Tavern, near his Port Macquarie haven. Current AHA National titleholder for Community Service & Achievement and winner again in 2018 at the

McCOYS PASS HOTEL BENNETT TO TURNERS

Posted on December 14th, 2018 by Clyde Mooney
The McCoy family have ended a 33-year tenure at their Hotel Bennett in Hamilton, divesting to former locals the Turners in a return to home. The McCoy family have owned pubs in Redfern and around NSW. John and Betty McCoy

SUNKEN MONKEY SALES TO SYDNEY

Posted on December 12th, 2018 by Clyde Mooney
Following a good stretch on the market, the Roys have sold Erina’s Sunken Monkey Hotel to Sydney buyers on a tight yield. The former Woodport Inn was purchased by Brian Roy and family, who performed a major renovation, opening with

BRAITHWAITE HEADS NORTH TO TAME A RED LION

Posted on December 7th, 2018 by Clyde Mooney
Back from his hiatus, Peter Braithwaite has taken the plunge into Queensland with purchase of the Willow Hotel turned Red Lion outside Brisbane from the Thompson family. Braithwaite sold the Commercial Hotel Boolaroo mid-2017 after almost a decade of operation,

FIRST MOVE TO MELBOURNE IN SALE OF SAXON

Posted on December 5th, 2018 by Clyde Mooney
Thumping Richmond pub the Royal Saxon has been sold to an interstate group taking its first step into Melbourne. Billed as an “interpretation of a vibrant and modern Melbourne hospitality venue” the Saxon is an historic, unobtrusive two-storey Georgian building

McLEAN FAMILY END A CENTURY AT THE GRAND VIEW

Posted on December 5th, 2018 by Clyde Mooney
After almost 100 years of ownership, the McLean family has sold its famed Grand View Hotel to established Queensland group Waymark Hotels. The Grand View is an imposing two-storey brick and timber pub on a big 3,068sqm corner site in