The Griffiths family is divesting the large-format Tattersalls Hotel in Goulburn, in the NSW southern tablelands, leaving a balanced business as they head south. Widely considered the best pub in Goulburn, The Tatts boasts one of the largest trading footprints, on a 2,883sqm site that enjoys dual frontage to both Auburn and Clinton streets. Built […]
Construction has begun on the $25 million development of the all-new Googong Hotel, on the New South Wales side of the Australian Capital Territory border. The town, a new and developing area, lies around half an hour from the Canberra CBD. Until now, residential development has dominated the area. While the town centre was planned
For the first time in more than 60 years, inner west sweetheart the Carlisle Castle Hotel in Newtown is being offered to market as a freehold going concern. Residing on a prominent 569sqm corner lot, the two-storey Carlisle Castle (CCH) was built in 1876 and is rich in heritage and character, replete with a gold
For the first time in its history and first public offering in the precinct in over 40 years, the striking Firehouse Hotel in North Sydney is being sold as a freehold going concern. Constructed in 1895, the North Sydney fire station is a Victorian classic. It is suitably located in the heart of the suburb’s
Hospitality investment entity and operator Harvest has unveiled its “evolution” from Hotels to Hospitality, plus a new investment strategy in a burgeoning asset class. Many operators and investors see hospitality assets as combining the stability of resilient revenue with the potential for long-term appreciation. When suitable assets are strategically acquired and properly managed they deliver
Popular destination of central western NSW, the Collie Hotel, has sold to a Melbourne-based new entrant to the industry. Established circa 1862 as the Marthaguy Hotel – a simple, roadside half-way house for travellers – the pub morphed into the Collie Hotel in 1901, set on a generous 4,295sqm site on the edge of the
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
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