Real Estate

COOMA’S AUSTRALIAN OFF TO AUCTION

Posted on January 31st, 2020 by Clyde Mooney
The Australian Hotel in snow country Cooma has come to market, representing the next stage in the vendor’s strategic sell-down. The prominent full-format Aussie features public bar, bistro, gaming room with 15 machines, and 16 pub-style accommodation rooms, with the

AVC & COLES INK HPI LEASE EXTENSION

Posted on January 31st, 2020 by Clyde Mooney
Listed entity HPI has announced a deal renewing the bulk of its leases to Australian Venue Co (AVC) and the partnership with Coles, bringing “confidence” in the future to all parties and the pub sector. Hotel Property Investments (ASX: HPI)

BILL YOUNG TAKES ILLINOIS FIVE DOCK

Posted on January 29th, 2020 by Clyde Mooney
Former Wallaby great and pub stalwart Bill Young has jumped on a rare opportunity, picking up the Hardin’s Illinois Hotel Five Dock for circa $15 million. The large pub is situated on the corner of bustling Parramatta Road and Arlington

REILLY GOES SOUTH

Posted on January 24th, 2020 by Clyde Mooney
Pioneering Sydney publican Ray Reilly has stepped out of his inner west sanctum, buying the freehold going concern of the pastoral Sutton Forest Inn. Established 1936, the two-storey hotel is nestled among the rolling green hills of the Southern Highlands, on

GOLD COAST GOLD AT ONE-50

Posted on January 24th, 2020 by Clyde Mooney
Hot Gold Coast property One50 Tavern has hit the market, boasting blue sky horizons and waterfront views. One50 was built in the 80s under a hotel licence. In the early noughties it became the Surfers Rowers Club site, which later

COMMERCIAL SALE OUT OF PORT ADELAIDE

Posted on January 24th, 2020 by Clyde Mooney
The brothers Watson have listed their Commercial Hotel in Port Adelaide to focus on their other fast-growing business. Nick and Alex Watson leveraged their experience running an Adelaide nightclub to buy the operation of the Commercial in 2016. Separately since

WORLD-FAMOUS BIRDSVILLE HOTEL SELLS TO OUTBACK ENTREPRENEURS

Posted on January 15th, 2020 by Clyde Mooney
One of Australia’s most famous hotels and icons of the red centre has sold, bringing new outback blood to the heritage-listed Birdsville Hotel. Located a leisurely 1,600 kilometres west of Brisbane and 1,200 north of Adelaide, the western Queensland town

TAMBREY TRANSACTS AMID NORTH-WEST CLARITY

Posted on January 15th, 2020 by Clyde Mooney
More than two years after being put in the hands of receivers, clarity around future licensing has brought sale of the large-format Tambrey Tavern in north-west WA. Early 2018 both the Tambrey and Karratha Taverns in Karratha returned to market

ILLAWARRA HOTEL’S MYSTERIOUS CLOSURE

Posted on January 15th, 2020 by Clyde Mooney
One of the Gong’s institutional late-night party venues has closed, ahead of a significant renovation and “change of use”. In the days after Christmas the party-hard Illawarra Hotel posted on social media it would soon be time “to say goodbye”

THORPE PARTS WITH HARBORD BEACH HOTEL

Posted on January 13th, 2020 by Clyde Mooney
Ending more than four decades custodianship, former AHA NSW President John Thorpe has sold the iconic Harbord Beach Hotel to local real estate tycoon and industry newcomer Glenn Piper. Thorpe and partner Trish King took the reins to the landmark