Real Estate

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

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