On the Market

KARRATHA’S BIG TAVERNS RETURN TO MARKET

Posted on March 9th, 2018 by Clyde Mooney
Six months after they were previously listed, the two big pubs of Karratha in WA’s Pilbara region are back on the market with the same upsides, but renewed confidence in the economy. Karratha is a resources town of 16,000 people

NORMANBY ON RED HILL CHARGES TO MARKET

Posted on March 5th, 2018 by Clyde Mooney
Brisbane institution the Normanby Hotel has hit the market, boasting a big block development opportunity and more upsides than Maroons supporters in Sydney. Michael Dempsey and Otto Wilhelm have co-owned the heritage-listed Normanby on Red Hill adjacent to Suncorp Stadium

JDA SEEK BIDDERS FOR PADSTOW PARK

Posted on February 28th, 2018 by Clyde Mooney
John Feros’ JDA Hotels has listed Top200 pub the Padstow Park Hotel, with new extended trading and price expectations in the high $20 millions. After executing sale-and-leaseback of the Group’s Allawah Hotel last September, and record-breaking auction of the development-ready

GRAND VIEW LOOKS TO ‘ENERGETIC’ NEW OWNER

Posted on February 23rd, 2018 by Clyde Mooney
The Grand View Hotel overlooking the Blue Mountains is looking for a loving new owner, as its long-standing patriarch throws in the towel in pursuit of retirement. Vendor Ben Tufrey has owned and operated the Grand View for 16 years,

THOMPSON SETS RED LION ON MARKET

Posted on February 23rd, 2018 by Clyde Mooney
The Thompson family has listed its newly refurbished Moorooka pub, the Red Lion, in Brisbane’s booming south. The Red Lion occupies a prominent corner block on bustling Beaudesert Road, around nine kilometres from the Brisbane CBD. Simon Thompson and partners

COUGHLAN OFFERS UP HIS LADY AS HE EYES FRANK STRONGS

Posted on February 19th, 2018 by Clyde Mooney
Just over a year since he revived the Hampshire and made it a Lady, Paddy Coughlan has listed the inner-west local to chase opportunities in the craft market. Former Riversdale CEO Coughlan took on the lease of Camperdown’s Hampshire Hotel

COLES TO EXIT NSW PUBS WITH NORTHLAKES LISTING

Posted on February 9th, 2018 by Clyde Mooney
Wesfarmers’ Coles is looking to exit the NSW pub game, listing the Central Coast’s Northlakes Tavern as it focuses on off-premise-heavy Queensland. Coles and Woolworths have been feeling the squeeze in the retail world in the wake of Aldi’s influence,

WARMING LISTING HOT ADELAIDE PUB PROPERTY

Posted on February 9th, 2018 by Clyde Mooney
The freehold of Adelaide’s stunning Sarries and offices have come to market, as the city welcomes widespread development. The landmark corner Saracens Head hotel, known as Sarries, has stood on Carrington Street since 1873, the elegant two-storey stone pub and

INVESTORS LIST OPPORTUNE OPHIR TAVERN

Posted on February 7th, 2018 by Clyde Mooney
The affluent Ophir Tavern in Orange is on offer, boasting a massive block and development opportunity at an undercooked pub in a rising regional town. The Ophir, taking its name from a Biblical port famous for its wealth, is one

BELLEVUE HOTEL OPPORTUNITY IN FAR NORTH SOUTH

Posted on February 2nd, 2018 by Clyde Mooney
After a dozen years in the top end, owner-operator Wayne Hornby is ready to call time at his popular South Townsville pub – just as the area is “about to boom”. Former Brisbanite, Hornby moved to the northern capital –