Property

MONTAGUE SOLD AS RETREAT BECKONS

Posted on February 16th, 2018 by Clyde Mooney
With one on the market, the Fermanis family has taken an unsolicited offer on title to its Montague Hotel on a tight Victorian return. Recently listing its Abbottsford pub, the Fermanis’ were approached off-market to sell their quaint corner pub

MYSTERIOUS MONARCH SELLS BIG BANKSIA TO RYANS

Posted on February 5th, 2018 by Clyde Mooney
Emerging pub group Monarch has divested its big footprint high-gaming Banksia Hotel in Rockdale to industry stalwarts Patrick Ryan and family. The Banksia was purchased by Monarch Hotels – a joint venture between hotel business veteran Joel Fisher and New

DIXON GROUP REBRANDS AND BUYS UP

Posted on January 15th, 2018 by Clyde Mooney
Dixon Hospitality Group has hit 2018 running, with a new group name and deals for two new northern venues into the stable. The Victorian-based hotel group fronted by former Spotless director Bruce Dixon has rebranded to Australian Venue Co (AVC),

$4.4m FOR EMPTY BRUNSWICK PUB

Posted on December 18th, 2017 by Clyde Mooney
An unnamed buyer has secured the blank canvas freehold of Melbourne’s promising East Brunswick Hotel at auction for $4.4 million. The former CUB pub on the corner of Lygon and Albert Streets has seen several incarnations over the years, and

OXFORD HOTEL MEANS TAYLOR SQUARE HATTRICK FOR UNIVERSAL

Posted on December 11th, 2017 by Clyde Mooney
Universal Hotels has landed a trifecta in Taylor Square with acquisition of Pelathon’s Darlinghurst icon, the Oxford Hotel. The pub on the corner of the eponymous Oxford Street and Bourke Street went through several name changes and minor geographical repositioning

ALH AUCTION ON BRIGHTON HOTEL FETCHES $3.7m

Posted on December 8th, 2017 by Clyde Mooney
ALH has divested the freehold going concern of its Brighton Hotel in Mandurah, a strong auction drawing $3.7m for the former Compass pub. Australian Leisure & Hospitality (ALH) bought up the entire 12-venue portfolio of the failed Compass Group for

FEROS SELLS BIG ROCKSIA TO OSCARS

Posted on December 4th, 2017 by Clyde Mooney
The award-winning Feros Group has sold flagship the Rocksia Hotel to Hall of Famers Bill and Mario Gravanis’ Oscars Hotels for a quick $36 million. Both Chris Feros and the Gravanis brothers were central to the recent AHA NSW Awards

OZ PUB GROUP GROW WITH THE BOUNDARY

Posted on November 24th, 2017 by Clyde Mooney
One of Brisbane’s oldest and most iconic pubs has sold for the first time in 95 years to Colin Macleod’s expanding Oz Pub Group. The Boundary Hotel has stood on the corner of Boundary Rd and Jane St in Brisbane’s

MERIVALE TAKES ANOTHER HEART OF THE EASTERN SUBURBS

Posted on November 22nd, 2017 by Clyde Mooney
The march of Merivale continues with another prominent acquisition, the group picking up Halcyon’s Hotel Centennial on Oxford Street, Woollahra. The Centennial is a landmark two-storey pub built in 1888 on a 780sqm block, opposite Centennial Park, making it proximate