Real Estate

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

RECEIVERS LIST FORMER McLAREN’S LANDING SITES

Posted on November 15th, 2019 by Clyde Mooney
The former, somewhat notorious McLaren’s Landing sites have come to market through receivers, offering over a hectare of beachfront hospitality on South Stradbroke Island. The once-thriving day resort features two jetties, bars, seating area and facilities for functions. McLaren’s Landing

IRIS TAKES SPORTSMAN’S FROM IRVIN

Posted on November 11th, 2019 by Clyde Mooney
Another big NSW pub has transacted, with Sam Arnaout’s Iris Group taking the title for the Sportsman’s Hotel in Blacktown from Paul Irvin Hotel Group. The Sportsman’s is a large-format single storey pub near Blacktown train station, around 37 kilometres

DE ANGELIS SNAPS UP ‘ENHANCED’ RABY TAVERN

Posted on November 8th, 2019 by Clyde Mooney
Industry heavyweight Peter De Angelis has swooped on the Raby Tavern and shopping centre, beating stiff competition to take the prize early for $35 million.  Raby Tavern is a single-storey premise forming part of a small retail shopping centre on

HEDLEY LEAPS TALL IN FAR NORTH

Posted on November 8th, 2019 by Clyde Mooney
Former pub game high-flyer Tom Hedley is working his way back to prominence, cornering the market in the north Queensland precinct of Gordonvale, south of Cairns. After years building a sizeable empire, Hedley sold his Hedley Hotel Group to Coles