Property

HAYWARD EXITS AS PRENDIVILLES TAKE BRISBANE

Posted on July 4th, 2018 by Clyde Mooney
Well-known publican Geoff Hayward is bowing out of the game, having sold his final piece, the Brisbane Hotel, to the growing Prendiville family. Hayward’s Capital Management WA has owned and operated the Boulevard Hotel in Floreat, and the Brisbane Hotel,

UNIVERSAL TAKES OXFORD ST ICON MIDNIGHT SHIFT

Posted on June 27th, 2018 by Clyde Mooney
Universal Hotels has clinched another Oxford Street icon – it’s biggest to date – settling on the once-thriving now dormant Midnight Shift. The acquisitive pub group now holds title on four Oxford Street pubs, in a clear play to invest

TOURIST HOTEL SOLD TO LOCAL

Posted on June 25th, 2018 by Clyde Mooney
A Sydney-based syndicate has sold Narrabri’s big Tourist Hotel to an enterprising local set to breathe some new life into the simmering local. Narrabri is a town of 6,000 people around 500 kilometres north-west of Sydney, best-known for its cotton

LAUNDY-MALLOY ACQUIRE COLES’ LAST NSW PUB

Posted on June 18th, 2018 by Clyde Mooney
Coles has completed its exit from NSW pub operations, selling the Northlakes Tavern to the pub partnership of Arthur Laundy and Mark Malloy. Moving to minimise or remove itself entirely from its PR burden of association with gaming, Coles listed

READY-TO-GO TERRANORA TAVERN ON OFFER

Posted on June 15th, 2018 by Clyde Mooney
Brisbane developer Terry Harmer has listed the business opportunity of the refurbished Terranora Tavern, in the newly appointed Terranora shopping centre. Harmer boasts a background in shopping centre development, and around two years ago bought from United Petroleum the entire

RIVERSDALE BUYS LPH NEWCASTLE

Posted on June 13th, 2018 by Clyde Mooney
Riversdale has ended speculation of a complete sell-down with the purchase of the Lambton Park Hotel in suburban Newcastle. The pub was bought around three years’ ago by a partnership of three newcomers to the industry, who went on to

EVERYTHING PEACHY FOR MARLOW GROUP

Posted on June 8th, 2018 by Clyde Mooney
The Marlow Hotel Group has secured the huge Peachtree Hotel in Penrith, following less than a year’s ownership by ASX-listed property developer, Boyuan Holdings. Chinese development company Boyuan Holdings Limited (ASX: BHL) bought the big Penrith pub last October from

O’BRIEN GROUP LANDS SINGO’S BONDI BEACH ICEBERGS

Posted on June 8th, 2018 by Clyde Mooney
The highly successful O’Brien Group has secured a foothold in Sydney with the lease rights purchase to Singleton’s iconic Icebergs in Bondi. The internationally renowned Icebergs Dining Room & Bar (IDRB) occupies 675sqm on the top level of the three-storey

DELAWARE SETTLES BIG BUYS IN BRISBANE, PASSES ON COLES

Posted on June 1st, 2018 by Clyde Mooney
US hospitality giant Delaware North has confirmed settlement on two of potentially many pub purchases in Queensland, as it exits the race to a JV with Coles’ Spirit Hotels. Founded in 1915, Delaware North (DN) operates hundreds of hospitality venues

IRESON BRINGS NEW ERA FOR OPHIR

Posted on May 30th, 2018 by Clyde Mooney
First-time owner Tim Ireson and family have taken hold of Orange’s Ophir Tavern, with plans and plenty of opportunity on a great site in the growing town. The Ophir is set on a big 9,171sqm block zoned B6, and one