Riversdale-operated Australian Pub Fund has listed its Brisbane behemoth The Elephant for sale as part of its “ongoing disposal strategy”. The $300 million pub investment vehicle created by business moguls John Singleton, Mark Carnegie and Geoff Dixon, APF purchased the very large format Elephant Arms Hotel in early 2013 for circa $27 million, at the […]
Kent Walker and family have listed their big Raby Tavern in booming Campbelltown LGA to focus on other acquisitions. The Tavern is the only pub in the catchment of Raby, with 20,000 residents, between Ingleburn and Campbelltown. It forms part of a mixed-use commercial property of more than 8,000sqm, counting the Raby Tavern and a
John McAuliffe and partners have put to market their Royal Hotel at Taree, on the banks of the Manning River, as business back in Sydney calls. Taree LGA is a mid-north NSW precinct around 300 kilometres north of Sydney, with local population of around 26,000. The two-storey Royal stands prominently in the centre of the
After 13 years building a solid business, the Mountjoy family has listed its under-management Harrietville Snowline Hotel in order to travel and “seek new challenges”. In 2007 Anna and Bennett Mountjoy packed their bags and moved from Melbourne to Harrietville, to take on the local pub and absorb themselves in the lifestyle of the north-east
MOUNTJOYS PUT UP SNOWLINE HOTEL IN VICTORIAN ALPS Read More »
A hot new leasehold has come to market in sunny Surfers Paradise, offering a large-format tavern with gaming beside the 4.5-star Vibe Hotel. Located around 500 metres from the famous beaches of Surfers Paradise, The Tavern at The Vibe Hotel – previously Helm Bar & Bistro – overlooks the Nerang River, with significant frontage to
An iconic coastal pub has hit the open market for the first time in its 120 years, as generational owners decide to turn the page on Newcastle’s famous Beach Hotel. The site of the Beach Hotel has been a pub since the late 1890s, although the current building was constructed by Tooths & Co circa
Rylstone’s idyllic Globe Hotel is back on the market as its first-time owners look to exit the game. Strategically positioned in the centre of the main street through town, the Globe enjoys a large 6,658sqm lot, providing guests a neat public bar, TAB, indoor gaming room with four EGMs, 14 well-appointed accommodation rooms, and ‘The
Top10 Queensland gaming pub the Acacia Ridge Hotel is back on the market, boasting a new multi-million-dollar renovation and buckets of upside. The very large format Acacia Ridge (ARH) occupies a sprawling 18,450sqm block on busy Beaudesert Road in Brisbane’s south-west, and its 45 EGMs consistently rank it in the top echelon of the State’s
After three and a half decades at the elegant Camelia Grove, industry stalwart Adella Wright Young is ‘calling time’ on the industry and divesting her picturesque Alexandria pub. The Camelia Grove Hotel stands resolutely at the corner of Henderson Road and Alexander Street in inner west haven Alexandria, close to Australia Technology Park, with around
Singo’s Riversdale Pub Fund has signalled an end to its Sydney portfolio with the listing of the iconic Unity Hall Hotel in Balmain. The Fund was founded in 2010 by John Singleton, Mark Carnegie and Geoff Dixon, and at one stage counted ten hotels in its stable. Around two years’ ago the high-flying investors began
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