Just two months after the leasehold business was sold to the booming Dixon Hospitality, Gerry Ryan’s Melbourne pub group is offloading the Newmarket Hotel freehold. Situated on a generous 1,000 m² block in bustling St Kilda, the hotel underwent an extensive refurbishment just three years ago, and is leased to Dixon for the next 25 […]
The signature hotel of one of Queensland’s holiday meccas has hit the market, prompting a flood of enquiries from “everywhere”. Residing on a strip of sand in the Coral Sea, around 30 kilometres south-east of Brisbane, North Stradbroke Island is home to the uber-popular Stradbroke Island Beach Hotel. Held by North Point Holdings for the
Another prized Sydney freehold has come up for sale, in direct response to market demand. In the heart of the trendy, inner-west suburb of Stanmore, the Salisbury Hotel has targeted “family-friendly”, with strong food and bev trade, gaming and TAB, and a dedicated children’s play area. It is being put to market by Brian Burgess
Budding top gaming pub the Lucky Australian is being sold by receivers amid the fallout from Court proceedings and other complications surrounding the divorce of one of the owners. The Lucky occupies a large, prominent block, with plenty of upside in an area boasting extensive residential growth. St Marys holds a number of strong gaming
The next stage of the massive redevelopment of the old Carlton Brewery site is underway, with the vacant freehold sale of The Australian ‘Abercrombie’ Hotel coming to market. On the corner of Broadway and Abercrombie Street, the heritage hotel has been dormant for a couple of years, but will be revived as part of the
CENTRAL’S AUSTRALIAN HOTEL FOR SALE AMID MASSIVE DEVELOPMENT Read More »
Sydney’s famous gastro pub the Four In Hand is up for sale, as the owners are tempted by the booming market. The freehold going concern of the Paddington landmark is on the market for the first time in over a quarter century, with private owners including industry veteran Joe Saleh looking to other opportunities. Achieving
Hotel investors are likely to battle developers at the pending sale of popular Melbourne pub Bridie O’Reilly’s. The freehold of a generous block in Brunswick will go to auction later this month, boasting Commercial 1 zoning and the successful Bridie O’Reilly’s lease on street level. Marketing by Colliers International and Gross Waddell cites approval by
DEVELOPER-READY IRISH PUB TO GO UNDER THE HAMMER Read More »
A prominent city fringe freehold going concern has come to market, with a range of potential upsides likely to test market potential. The Royal Exhibition Hotel is in the heart of Surry Hills, adjacent to Central Station, and significantly, outside the lockout zone. With a 24-hour licence and four-star accommodation atop two bars, a bistro
ROYAL EXHIBITION TO SHOW REAL ESTATE MARKET STRENGTH Read More »
The ultimate ‘Sea Change’ pub has come on the market in Melbourne, offering potential for a landmark holiday destination development. The St Leonards Hotel, overlooking Port Phillip Bay pub south-west of Melbourne, was once the centre of the ABC’s late 90s TV series Sea Change, under the name the ‘Tropical Star Hotel’. It’s located on
‘SEA CHANGE’ PUB SALE COULD WITNESS REDEVELOPMENT Read More »
Melbourne career publican Kevin McNamee is parting with his beloved Clare Castle Hotel, after 40 years’ ownership. McNamee has owned the since the 70s, but sold the leasehold business 15 years ago after a quarter-century operating it himself. The current lease options end in five years’ time. The much-loved watering hole in the increasingly gentrified
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