Real Estate

LAZARUS GOES TO THE BEACH

Posted on November 29th, 2019 by Clyde Mooney
Merewether’s magnificent Beach Hotel has sold for the first time in its 120-year history as a freehold going concern to industry veteran Andrew Lazarus. The Beach Hotel is found on a large hilltop block with panoramic views of Merewether Beach,

METCALFS LEAVING THE STATION

Posted on November 29th, 2019 by Clyde Mooney
Long-term owner-operators Billy and Di Metcalf have listed their elegant Station Hotel Motel in Kurri Kurri, as they look to retirement. The large-format two-storey pub resides on the corner of Coronation Street and main drag Victoria Street. It offers public

LOCALS BAND TOGETHER FOR SINGO’S UNITY HALL

Posted on November 28th, 2019 by Clyde Mooney
Singo’s Australian Pub Fund and Riversdale Group have sold off their last Sydney operation to a band of Balmain brothers, welcoming the Roddys back to prime Peninsula hospitality. Formed in 2010 by business identities John Singleton, Mark Carnegie and Geoff

WAUGH GOES LONG IN RICHMOND

Posted on November 25th, 2019 by Clyde Mooney
RG McGees in growing Richmond has sold to prominent Sydney hotelier Ashton Waugh’s pub group Watering Hole Hotels, furthering the region’s surge of pub investment. The well-known Hotel came to market in August, as a cooperative arrangement between tenant Jason

NELSON MEERS SNAPS UP MONARCH’S BELMORE

Posted on November 22nd, 2019 by Clyde Mooney
Industry doyen Nelson Meers has furthered the run of prized gaming pub sales, taking Monarch’s top-performing Belmore Hotel for around $50 million. Monarch Hotels, fronted by hotel veteran Joel Fisher, acquired the pub in 2015 from the Waugh family. It

MON KOMO FINDS HOME IN LEWIS LAND

Posted on November 22nd, 2019 by Clyde Mooney
Lewis Land Group has added to its select portfolio of large-format pubs with acquisition of renowned south-east Queensland entertainment venue, the Mon Komo Hotel. The Hotel was developed by Kyko Group in 2011 as part of its multi-award-winning mixed-use Mon

HUNT LANDS BIG KENT

Posted on November 20th, 2019 by Clyde Mooney
A long and hard-fought sales process on the big Kent Hotel has ended in a record price for the Newcastle region of around $25 million, and new owner in growing local vehicle SJH Hotel Fund. Peter Hunt bought the Kent

MOELIS EYES BYRON BAY’S BEACH HOTEL FOR $100m+

Posted on November 18th, 2019 by Clyde Mooney
Financial services giant Moelis Australia has secured an exclusivity agreement for potential purchase of the iconic Beach Hotel at Byron Bay for a record-setting price of “above $100 million”. The Beach, known locally as the ‘Top Pub’, began life in

SOUTHERN HIGH AS MYSTERY BUYER TAKES TWO

Posted on November 18th, 2019 by Clyde Mooney
Goulburn’s elegant Southern Railway Hotel has sold to an unnamed, up-and-coming hotelier – just weeks after they secured the freehold and lease of the town’s Empire Hotel. The Southern Railway was built 1872 on sizeable 1,531sqm lot as the Coolavin

DE ANGELIS SWOOPS ON DE ANGELIS’ INGLEBURN HOTEL

Posted on November 15th, 2019 by Clyde Mooney
Another De Angelis has taken the title to another big south-west Sydney pub, bringing the Ingleburn freehold and operation under one roof through Bonnie Hotels. De Angelis Hotels & Investments (DHI) has been the established tenant at the Top100 Ingleburn