Sunshine Coast hotel the Riverside Bar, with Level 2 nightclub, has hit the market as the owners look to leave hospitality. The late-licence hotel is located within Sunshine Plaza, overlooking the Paynter River in Maroochydore, on the Sunshine Coast. The venue has seen several incarnations, known as the Pig n’ Whistle, then the Cow & […]
The magnificent former coffee palace that is the Hotel Mildura Grand is on offer for $2.9 million. Built in 1891 as the Mildura Coffee Palace, the imposing structure was intended to serve a planned Temperance colony in Mildura, on the banks of the Murray River. Soon into the turn of the century, the alcohol-scorning Temperance
The younger Pat Reardon is parting with his Hotel ‘goldmine’ in Richmond, as he sets off abroad. The Reardon family has operated pubs all around Melbourne, including previously the Yorkshire Stingo and Railway in Brunswick, and for 25 years now, the Rising Sun in Richmond, on which they just signed another 25-year lease. Pat Reardon
Continuing the run of Spirit Hotels blue-chip Queensland freeholds, the big Waterloo Hotel and tower has come to market. The Waterloo Junction complex in Newstead comprises an historic pub and several retail tenancies, plus upmarket commercial office space. It represents a total of 4,634 m² of lettable area over five levels, on a prominent corner
ANOTHER SPIRIT BLUE-CHIP TO MARKET IN HEART OF BRISBANE Read More »
Hot on the heels of HPI’s listing of two Coles-leased blue-chip freeholds, another but soon-to-be-vacant Spirit Hotel has come to market, in booming Cairns. The Barrier Reef Hotel occupies 530 m² on the corner of Abbott and Wharf Streets, and is one of the first buildings seen by passengers disembarking from the increasing number of
SPIRIT’S BARRIER REEF HOTEL ON OFFER IN HEART OF REEF Read More »
One of Toowoomba’s favourite watering holes has come to market as its Bundaberg-based owner looks to expand into bigger operations. Thomfield Property Holdings (TPH) owns the Downs Hotel, Drayton, around 130 kilometres west of Brisbane, and operates it remotely under management. As the south-east Queensland market continues to heat up, TPH, which bought the pub
As speculation around its own fate continues, Redcape Hotel Group has listed the freehold of one of Australia’s largest accommodation pub assets. The very large-format All Seasons Quality Hotel occupies 3.56 hectares (35,570 m²) on McIvor Highway in Bendigo, around 150 kilometres out of the Melbourne CBD. The Hotel comprises a public bar, restaurant, function
The Pullos family is offering to market one of Brisbane’s most iconic pubs, The RG’s, for the first time in over 20 years. Occupying 1,537 m² and two prime corners of the Brunswick Mall in bustling Fortitude Valley, the Royal George, popularly known as The RG’s, is a veritable destination in its own right, incorporating
BRISBANE’S WHOPPING ROYAL GEORGE – RG’s – TO WOO MARKET Read More »
Looking to Victoria’s uber-hot investment market, the big block Marine Hotel freehold has returned to sale. In April 2016, automotive entrepreneur Bobby Zagame sold the freehold investment of the Marine to a private investor for a cool $13 million, representing a tight 3.86 per cent yield. As hotel sites around the country – particularly the
BRIGHTON BEACH PUB INVESTMENT TIPPED TO ROCK MARKET AGAIN Read More »
After more than three decades building a tropical utopia, the O’Neill family is parting with its huge-format Airlie Beach Hotel on the beach. Located 1,000 kilometres north of Brisbane and nearly 300 south-east of Townsville, Airlie Beach is in the heart of Great Barrier Reef paradise, and overlooks Hamilton Island. The prominent Hotel occupies nearly
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