One of regional NSW’s best-loved pubs has come on the market, amid high market expectations. John Hussey is putting his Romano’s Hotel up for auction to concentrate on his businesses in his home State of Queensland. NSW’s largest inland city, Wagga Wagga is home to over 60,000 people and a hub for agriculture, transport and […]
The acclaimed Terminus Hotel has come on the market as its long-term operator calls end to an “amazing journey”. Driving the Hotel since 2004, Russell Griggs says the Melbourne pub scene has changed dramatically in the past eleven years, and while he has enjoyed reviving the Terminus, his heart is elsewhere. “The Terminus has been
The heart of a regional hub in WA has hit the market, with the 200-room Newman Hotel likely to attract big interest for a small town. Around 1200 kilometres north of Perth, the town of Newman is slated by the State Government for expansion over the next two decades that will see it go from
Peter Beaumont’s Fernwood Group has put its Balmain landmark up for grabs, offering “development potential” to the hungry investor market. The 1885 Exchange Hotel is located on a 640 square metre corner block in the heart of uber-trendy Balmain. The freehold going concern will go to auction 20 August. The Hotel has submitted plans to
Entrepreneur hotelier Bobby Zagame has put to market three freeholds – all leased to investor-favourite Australian Leisure & Hospitality (ALH). Zagame operates a portfolio of six pubs in Victoria and has various other interests including freehold investments in Queensland and Victoria – mostly leased to ALH. The Seaford Hotel and Royal Hotel in Melbourne suburbs
The Brookvale Hotel has joined a distinguished list of pubs looking to capitalise on Sydney’s housing boom. The Pittwater Rd site will be subdivided and the rear carpark and part of the hotel sold off, with a highly desirable DA already in place to develop the property. Owners, the Kelly family, have secured approval for
Another Melbourne hotel investment has hit the market, with all buyer types set to circle the corner pub packed with opportunity. Just a couple of kilometres east of Melbourne’s CBD, Abbotsford’s Laird Hotel will likely prove attractive to investors, developers and owner-operators. Boasting features such as a successful, tenanted pub business with typical upsides, plus
A classic Queensland beauty will sadly go under the hammer next month, following Cyclone Marcia and a shift in the tides of fortune for the owner. Will Fowles bought Rockhampton’s Heritage Hotel in 2005, and survived several swings in the business until the accumulated effect of drought, coal prices and tropical weather proved too much.
A pub claiming to be the oldest in Britain is up for sale. Built in 825AD, The Cridford Inn has resided for over 1,000 years in the village of Trusham, in the Teign Valley. It holds a strong claim to the title of the UK’s oldest public house, as acknowledged title-holder Ye Olde Fighting Cock,
Two big gaming pubs in Sydney’s west have hit the market as the Feros Group ‘swaps opportunities’. Operating five large format pubs, the family-run Feros Group has honed in on successes in foodservice, these days plating up over 15,000 mains every week. Speaking exclusively with PubTIC, CEO Chris Feros explained they have put the Panania
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