One of the best-known pubs in Sydney’s Paddington has hit the market, as development in the area and market conditions prove irresistible. Speaking with PubTIC, long-time operator of the Light Brigade Hotel, Dean Haritos, said the temptation to test the market was largely prompted by his increasingly diverse business interests. “I’ve had a number of […]
LIGHT BRIGADE HITS MARKET RUNNING AMID BIG POTENTIAL Read More »
Windsor’s The Rex has hit the market as perhaps the best-value sale of the year to date. Offering potential highlighted by 15 indoor EGMs and “extensive outdoor area” on a generous block, the 20-year leasehold of the Royal Exchange Hotel is not short of opportunity for the entry-level fixed price of $550,000. The Rex has
Two mining town pubs have hit the market, with ‘goldmine’ potential amid development in the area. The freehold going concerns of the Denison Hotel and Merinda Village Hotel in the Bowen region are both due to be auctioned on May 15. Both boast attractive features and potential and have benefited from significant spit n’ polish
As plans for Sydney’s new airport at Badgerys Creek take off, the local pub has hit the market. Boasting a string of features including 30 well-appointed accommodation rooms, the Wallacia Hotel is positioned to capitalise on the massive influx of patronage both during and after the construction of the new airport. Recent reports have suggested
CLOSEST PUB TO BADGERYS CRK AIRPORT UP IN THE AIR Read More »
Another Melbourne pub icon has hit the market offering investors an “opportunity of imperial proportions”. Situated on the city’s best-known CBD corner – Bourke and Spring Streets – the Imperial Hotel is adjacent to Chinatown and directly opposite Parliament House, and reputedly a popular haunt for thirsty pollies. The freehold is being sold with a
After three decades in the same hands the Macquarie Hotel in Liverpool has hit the market as the area is set to boom. The long-term family partnership that holds the keys to the Macquarie, well-positioned amid the Liverpool city centre’s shopping district, is seeking the freedom to pursue individual interests and has chosen to divest
SOUTHERN SYDNEY STAR ON MARKET AS AREA FLOURISHES Read More »
The pub investment market around the country is running hot, attracting plenty of offers from owners hoping to sell for top dollar. A freehold in South-East Queensland, around 65 kilometres West of Brisbane, has come on the market with a $6.2 million price tag boasting an inviting property investment yield around eight per cent. The
QUEENSLAND PUB MARKET SEES MORE TOES IN THE WATER Read More »
Victoria’s booming developer market has enticed two more A-grade pub assets onto the market, each boasting “development potential”. The magnificent ‘essence’ of Sorrento, the Continental Hotel, is the only four-storey limestone structure in the Southern Hemisphere, and boasts over 3,500 square metres, overlooking Port Phillip Bay and the Mornington Peninsula. The 1875 National Trust building
DEVELOPERS ENTICE A-GRADE VICTORIAN PUBS ONTO MARKET Read More »
One of the sleeping beauties of Sydney pubs has hit the market, after nearly seven dormant years and a massive refurbishment. The Palisade Hotel closed in 2008, and given its location beside and overlooking the $6 billion Barangaroo development, speculation has been rife as to when and for how much it will be sold. The
SLEEPING BEAUTY PUB SET TO BREAK HEARTS AND RECORDS Read More »
A partnership split has brought Port Kembla’s Steelworks Hotel back on the market, with a fresh refurb and definite upside. Last sold in November 2013, the 1912 hotel originally named the Great Eastern is described by Wollongong City Council heritage documents as “an imposing landmark of the area, dating back to the beginnings of the
PORT KEMBLA “LANDMARK” PUB BACK IN THE WORKS FOR BUYERS Read More »
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