ASX-listed Lantern Hotel Group reports it is on track to turn around, now listing its final Queensland pub as per its strategic divestment of non-core assets. Last week it put to market its freehold interest of Cairns’ iconic Courthouse Hotel, and now begins completion out of Queensland with the freehold going concern of Bundaberg’s Central […]
Byron Bay’s juggernaut ‘Top Pub’ has hit the market and tight investor yields could see it fetch over $70 million. The Beach Hotel is possibly Australia’s ultimate beach hotel, located on 4,585 m² offering ring-side views of Byron Bay’s picturesque Main Beach. It was built in 1990 by John Cornell at a cost of around
ASX-listed Lantern Hotel Group has put to market yet another pub asset, as it restructures its portfolio to focus on core business in the Sydney metro. The Cairns’ Courthouse Hotel is an “institution” in the north Queensland regional city, being the official Court building until 1998 and in 2015 becoming the unofficial home of the
Sydney stalwart Scruffy Murphy’s Hotel has come to market along with surrounding blocks, representing a big hotel opportunity for the Haymarket site. With a view to large-scale development, the properties at 43-49 and 51-53 Goulburn St and 698-704 George St have been amalgamated to form a 1,238 m² parcel boasting STCA of up to 41
SCRUFFY MURPHY’S & CO SET TO MAKE BIG HOTEL DEVELOPMENT Read More »
A prime Central Coast venue has hit the market, offering a large-format hotel with amazing views and a colourful history. The Coast is located on Iguana Wharf at Gosford, surrounded by water and adjacent to the Pacific Highway and 50,000 passing cars per day. The striking sail-topped hotel restaurant was formerly known as Iguana Joe’s
On the back of recent successful divestment campaigns, Lantern Hotel Group has put to market the Beaumont Exchange Hotel, in Hamilton. The ASX-listed Lantern (LTN) has enjoyed a number of hotel sales significantly above book value, and in continuation of its turn-around strategies at the hands of the new board of directors hopes to capitalise
LANTERN OFFERS BEAUMONT EXCHANGE HOTEL TO MARKET Read More »
After the successful introduction of a new tenant, the freehold of the Petersham Hotel has burst onto a market prowled by investors. Located just a few kilometres from Sydney’s CBD, the Hotel possess a coveted 3am licence, bistro, nine EGMs and prominent position on bustling Parramatta Road. It is occupied by operators of the nearby
A St Kilda pub and hotel business has hit the market amid the boom in pub-style accommodation around the country. Located on bustling Barkly Street in the bayside suburb of St Kilda, Hotel Barkly holds a 3am licence and consists of a public bar and rooftop bar, a downstairs bar and function room, and TAB
The Strand Hotel and surrounding land has hit the market, offering operators or developers “one of the last strategic land holdings” on the thriving east coast of Queensland. A local landmark, The Strand Yeppoon sits central in the redevelopment project for the area, bringing $45 million of Federal and State funding seeking to position the
STRAND HOTEL AND OCEANFRONT LAND SALE SCREAM POTENTIAL Read More »
Oscars Hotel is parting with two of its city-fringe pubs to hone its focus on other large-format assets. Both located on bustling Parramatta Road, the Annandale Hotel and the Camperdown Hotel suit market appetite for thriving leaseholds with balanced business. Speaking to PubTIC, Oscars general manager Damien Cameron hinted at ‘big announcements’ in coming weeks
OSCARS LISTS ANNANDALE AND CAMPERDOWN HOTELS AHEAD OF ‘BIG PLANS’ Read More »
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