After 30 years running the Hotel Kempsey, the Gavrilis family has listed the historic property ahead of plans to exit the pub business. The Gavrilis family took on the 1880s pub in 1987, and has been proudly keeping it “all about Heritage and Hospitality” ever since. But patriarch Peter Gavrilis cites favourable market conditions and […]
Hot on the heels of Lantern’s testing the waters in Bundaberg, popular local The Club Hotel has turned up to offer buyers choice and scale in the blossoming Queensland market. Club Hotel occupies a 1,091 m² site in Bundaberg, boasting a public bar, cocktail lounge and popular bistro, 22 EGMs, function spaces upstairs, kids play
One of Tamworth’s favourite watering holes has hit the market, with the vendor hedging bets on the future of the local landmark. Tamworth has a population around 48,000, and is located mid-way between Sydney and Brisbane. It is home to the annual Tamworth Country Music Festival, which is reputed to be the second-largest in the
Maryborough historic Engineer’s Arms is up for sale following an extensive restoration by former local Councillor Anne Nioa. Maryborough is just south of Hervey Bay, and home to the ‘World’s Greatest Pub Crawl’, attracting thousands of locals and visitors to make the pilgrimage around its dozen watering holes. The Engineer’s Arms was purchased by a
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 »
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