Real Estate

MASENS OFFER UP GOOD INTENT

Posted on December 20th, 2019 by Clyde Mooney
After a half-century of original ownership, the Masen family is reluctantly parting with its big suburban hotel of Good Intent in Grafton. In 1957 two Grafton locals, hotelier Reg Hinch and builder Reg Want, built the “Ultra-Modern” Good Intent Hotel

TEMORA’S SHAMROCK YIELDS SALE

Posted on December 18th, 2019 by Clyde Mooney
After seven decades and three generations, the Leary family has sold its Shamrock Hotel in Temora to another in the convoy of Sydney-based publicans. Built on a 1,242sqm block on the main road through Temora, around 400 kilometres west of

REDCAPE’S $51m ‘SWAP’ WITH SLEIMAN

Posted on December 16th, 2019 by Clyde Mooney
Redcape ends a record-setting year in pub real estate with a bang, acquiring Hurstville’s Kings Head Tavern while divesting its Royal Hotel Granville for $51 million to the same party.  The ASX-listed Redcape Hotel Group (ASX: RDC) today announced a

SPARKKE GROWTH TAKES IN COLLINGWOOD’S VINE HOTEL

Posted on December 16th, 2019 by Clyde Mooney
Sparkke – the brewery on a mission – has taken the next step in ambitious goals with purchase of Collingwood’s historic Vine Hotel, set to become a new pub-brewery showpiece. In 1869, the Caledonian Hotel was the first built on

LAKE CATHIE LEASE ON OFFER

Posted on December 13th, 2019 by Clyde Mooney
The leasehold interest at the Lake Cathie Tavern has come to market, offering 12 years in the coastal precinct. Built 1999, the Tavern is a large-format single-storey operation providing a central service public bar with TAB, commercial kitchen and bistro,

MURPHY BROTHERS TAKE IMPERIAL SINGLETON

Posted on December 11th, 2019 by Clyde Mooney
Two years after selling in Maitland, the Murphy brothers are back in the Hunter, buying the freehold going concern of the Imperial Hotel at Singleton from Walker Douglas and Callen Hotels. Walker Douglas Group (WDG) has held title on a

LONG-TIME OWNERS FAREWELL COMMERCIAL CURLEWIS

Posted on December 9th, 2019 by Clyde Mooney
After more than three decades the Edmonds and Schofields have called time on the partnership running the Commercial Hotel in Curlewis, finding a new owner from Newcastle. In 1987 Gwenda and Kevin Edmonds, and Robert and Margaret Schofield, went into

HUNTER GROUP SCORES KINNY PUB

Posted on December 6th, 2019 by Clyde Mooney
Central Coast favourite the Kincumber Hotel has sold for circa $15 million, but remains in local hands by way of Hunter Hotel Group. Known locally as ‘Kinny Pub’, the Kincumber Hotel has been an institution in the coastal precinct since

WHITE LION HOTEL TO MARKET

Posted on December 4th, 2019 by Clyde Mooney
The White Lion Hotel Motel in the Riverina region is on the market for the first time in 36 years, as the Strongmans look to retire. Peter and Maria Strongman have owned the Deniliquin pub since 1983. For 12 years

QUINN & CO GRAB HUNT’S LAKESIDE

Posted on December 2nd, 2019 by Clyde Mooney
The dynamic Hunt Hospitality has agreed to sale of its large-format Lakeside Village Tavern at Raymond Terrace, to the growing stable under Nicholas Quinn. Stephen Hunt’s pub group has been refreshing the books since the new financial year, to optimise