Bundaberg hospitality stalwart Stephen Paterson has handed over his town favourite, the Railway Hotel, with the Spotted Dog Café, Bar and Grill, to first-timer Adrian Evans and partners including Arthur Laundy. Mid-2020, the iconic Spotted Dog Tavern and adjacent backpackers hostel were lost to a massive fire. The Dog was Paterson’s sixth hotel, and speaking …
The Shorts have sold their idyllic and windswept Seabreeze Beach Hotel on the NSW mid-north coast to the growing Hunter group. The Short family have owned and operated the seaside pub at picturesque South West Rocks for over two decades, having purchased the title in 2001 for around $7 million. The large-format Hotel comprises state-of-the-art …
After seven premium sales, high-profile pub operators Redcape have not ruled out further adjustments to the asset sheet. The Moelis-managed fund has continued its strategic divestment initiative, which sees another three this week, with Redcape saying all buyers were long-term industry participants, who have “been through the cycles and continue to see long term value …
The handsome Heritage Hotel of Rockhampton is undergoing an usual sale process, mustering Queensland sporting greats Gorden Tallis, Nick Gregorski, Mark Knowles and Scott Prince, and a host of new owners. Built 1898 on Rockhampton’s riverfront, the three-storey premise was formerly known as the Commercial Hotel, and is considered a sister venue to Brisbane’s famous …
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High-flying pub group Redcape “continues momentum” in its recent divestment program, with the big-ticket sale of its prized Mount Annan Hotel to an established Sydney hotel family. Redcape de-listed from the ASX in September 2021, with shareholders hoping to achieve higher valuations and MA Financial retaining 39 per cent of the $1.4 billion portfolio. At …
The Browning family has put their portfolio of hospitality venues in Ballarat on the market, representing more than an acre of freehold assets in the heart of one of Victoria’s largest regional centres. Billed as ‘The Ballarat Collection’, leading the pack are the freehold going concerns of two of the town’s most recognised hotels, being …
Put to market for the first time ever, iconic north Queensland hotel the IronBar Saloon in Port Douglas is being sold by long-term family owners. Renowned for its laid-back holiday lifestyle and boutique businesses, Port Douglas, approximately 67 kilometres north of Cairns, has a resident population of around 4k and serves as a gateway to …
Kelly & Co Hotels has announced the quick-draw sale of Old Bar Tavern on the NSW mid-north coast to a partnership headed by growing regional hotelier Nick Quinn. Old Bar Tavern is found around two hours north of Newcastle, on a massive 5.74-ha site, said to be one of the largest landholdings anywhere on the …
The sand-swept Cabarita Beach Hotel on the NSW north coast has been put up for sale by the McElhone family. Located literally metres from the sand and surf of Cabarita Beach, The Beach is one of only a handful of beachfront pubs in Australia. “This pub has been great for me and my family, personally …
The Laundy family and partners have received final approvals for a major new pub development in Sydney’s booming south-west, heralding the creation of the Oxley Ridge Tavern. Plans were submitted by construction company FDC in early 2022 for works on the corner of Northern and Brunsdon roads Cobbitty that would see a big block of …
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