Veteran hotelier Greg Maitland has listed his large-format Paradise Hotel in suburban Adelaide, offering potential in a robust hospitality complex. The hotel is located on a highly strategic 8,500sqm lot on Lower North East Road, in Paradise, and is equipped with multiple trading areas, providing public bar with TAB facilities, a spacious bistro and recently […]
Universal Hotels has exchanged its thumping Newtown Hotel for the iconic Lord Roberts in Darlinghurst, in a deal valued at around $20 million. The Newtown Hotel resides on a high exposure 700+sqm corner of the bustling King Street retail and entertainment strip, close to Newtown Station and the University of Sydney. The multi-level building caters
Another of the distressed Public Hospitality portfolio has sold, seeing Paddington’s long-standing ‘Three Weeds’ going to an unnamed “private investment syndicate”. The former Rose, Shamrock and Thistle, more commonly known as Three Weeds, is one of the precinct’s historic pubs, first opening on the present 536sqm site in 1884. The current four-storey Art Deco hotel
Balmain’s beleaguered Town Hall Hotel is back, after selling this week to a ‘restitutional’ investor as the Public Hospitality portfolio flounders. The Town Hall Hotel was built in 1888 on a corner of arterial Darling Street, opposite the suburb’s actual Town Hall, as part of the Balmain Civic group of buildings. In recent years it
Institution of Sydney’s lower north shore, the Pickled Possum in Neutral Bay, is being sold as a vacant freehold going concern through receivers and managers. A staple of the precinct since 1981, the colourful, eclectic late-night karaoke bar, famous amongst other things for serving drinks out of eskys, has long been a destination venue for
Fraser Coast favourite the Bayswater Bar & Grill in Hervey Bay has been sold to national operator Australian Venue Co, bringing the buzz to one of Queensland’s less frequently transacted hot spots. Positioned right on the water, the BB&G is one of Hervey Bay’s go-to dining destinations. Hugely popular with locals and tourists alike, it
ALH is forging ahead with ambitious capitalisation plans, having submitted application to add a 30-storey hotel and residential tower above the historic Morrison Hotel. Australian Leisure & Hospitality (ALH) is the hospitality arm of listed Endeavour Group, which holds the pub operator, with 350 hotels, and major retail chains BWS and Dan Murphy’s. Many of
Momento Hospitality has confirmed the sale of The Duke in Dural to John Azar’s Good Beer Company, for $25 million. The Duke was a brownfield site developed into a pub by Momento in 2020, during the time of COVID lockdowns, while the group’s Bella Vista Hotel drive-through bottleshop and warehouse were pivoted to help bridge
Landmark of Bathurst, Australia’s motor racing capital and one of the state’s most dynamic centres, the blooming Knickerbocker Hotel is being sold with hands-on opportunity. Built circa 1940, reflecting Functionalist and Art Deco architectural styles, the four-level hotel resides on a 2,038sqm landholding of two titles, a short walk to town centre attractions and amenities.
The NSW-based O’Hara Group has capitalised on the thriving north Queensland market, flipping the large-format Parkhurst Tavern to Steven Shoobridge’s expansive Star Group. Located on a generous 6,700sqm cornet lot around nine kilometres from the Rockhampton CBD, adjacent to the Woolworths anchored Parkhurst town centre, the well-patronised hotel offers multiple bars, bistro and dining spaces,
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