As the Sunshine State property market continues to heat up, the popular Surfair Beach Hotel is testing the waters. Like the other eastern States, Queensland is experiencing major development, particularly in areas that benefit from the booming tourism industry and low Australian dollar. Amid the opportunity, sources told PubTIC the private local owner of Marcoola’s […]
SURFAIR’S UP AS SUNSHINE PROPERTY GROWTH CONTINUES Read More »
A popular late-trader in thriving Bendigo has hit the market, as brother and sister owners call time on decades in hospitality. Andreas and Alysia Bazzani opened the Black Swan Hotel in 2001, which incorporates The Perch nightclub and The Icon Bar. One of only three hotels licensed until 5am, after a 2008 Bendigo bylaw prohibits
The new board of Lantern Hotel Group has begun its portfolio shake-up, announcing the divestment of three “non-core” assets from its books. The ASX-listed Lantern (LTN) released news yesterday it would be selling three of its 17 pub assets, amid its “strategic review of the business”. Two of the three pubs are freeholds: the Brisbane
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 »
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