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 »
The award-winning Keystone Group is divesting the freehold of its Kings Cross icon, the four-level Sugarmill Hotel, at 33 Darlinghurst Rd. Expected to fetch around $20 million, the immensely successful ground floor bar, two levels of Kit & Kaboodle nightclub, and Sweethearts rooftop bar will stay tenanted by Keystone. One of the landmark venues on
Five big footprint pubs have burst onto the market, as Queensland’s favourable conditions and new developer laws set in. Pub operators Drinx and AT Hotels are divesting pubs in South-East Queensland boasting a massive 37,600 square metres between them, less than three months since the State introduced its new laws for developers. Operating five venues
Massive pubs hit market amid investment and development boon Read More »
With Sydney and Melbourne’s pool of A-grade assets shrinking, demand is rising for hotels in other capitals and city fringes. Hot on the heels of purchases nearby by the publicly listed HPI pub landlords, The Australian yesterday reported the listing of five pubs in greater Brisbane, with the Drinx and AT Hotel Groups deciding the
Pub sales running hot as A-grade assets run short Read More »
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