Real Estate

THE TAVERN AT THE VIBE ON THE MARKET

Posted on October 16th, 2019 by Clyde Mooney
A hot new leasehold has come to market in sunny Surfers Paradise, offering a large-format tavern with gaming beside the 4.5-star Vibe Hotel. Located around 500 metres from the famous beaches of Surfers Paradise, The Tavern at The Vibe Hotel

MERIVALE MIGRATES SOUTH FOR $34 MILLION

Posted on October 14th, 2019 by Clyde Mooney
Justin Hemmes’ Merivale has won the race to White & Partners’ big-performing Allawah Hotel for around $34 million. The two-storey Victorian Allawah Hotel strikes a commanding pose on 1,290sqm opposite the train station on Railway Parade through Allawah. It is

BEACH HOTEL ICON ON MARKET FOR FIRST TIME EVER

Posted on October 14th, 2019 by Clyde Mooney
An iconic coastal pub has hit the open market for the first time in its 120 years, as generational owners decide to turn the page on Newcastle’s famous Beach Hotel. The site of the Beach Hotel has been a pub

GLOBE HOTEL RETURNS TO MARKET

Posted on October 14th, 2019 by Clyde Mooney
Rylstone’s idyllic Globe Hotel is back on the market as its first-time owners look to exit the game. Strategically positioned in the centre of the main street through town, the Globe enjoys a large 6,658sqm lot, providing guests a neat

ACACIA RIDGE HITS MARKET FOR $35m

Posted on October 11th, 2019 by Clyde Mooney
Top10 Queensland gaming pub the Acacia Ridge Hotel is back on the market, boasting a new multi-million-dollar renovation and buckets of upside. The very large format Acacia Ridge (ARH) occupies a sprawling 18,450sqm block on busy Beaudesert Road in Brisbane’s

A PUNT AND A WIN AT THE IMPERIAL

Posted on October 11th, 2019 by Clyde Mooney
Industry up-and-comer Adam Drabarek is living the Australian dream of owning his own pub, having recently secured title to his thriving Imperial Hotel operation in Coonabarabran. After a couple of years renovating houses on the central coast, living in successive

CAMELIA GROVE TO SELL FIRST TIME IN 36 YEARS

Posted on October 9th, 2019 by Clyde Mooney
After three and a half decades at the elegant Camelia Grove, industry stalwart Adella Wright Young is ‘calling time’ on the industry and divesting her picturesque Alexandria pub. The Camelia Grove Hotel stands resolutely at the corner of Henderson Road

VEGAS SELLS AS KINGS CROSS SMOULDERS

Posted on October 9th, 2019 by Clyde Mooney
Former top gamer the Vegas Hotel has sold in in-transition Kings Cross for circa $25 million, as the precinct continues to evolve from high-life to high-end living. The Vegas is one of the stalwarts of the previously notorious party precinct,

MPK GROW IN MUDGEE AND ORANGE

Posted on October 9th, 2019 by Clyde Mooney
MPK Hotels has significantly expanded its portfolio with the well-timed acquisitions of both the Royal Hotel in Orange and Federal Hotel in Mudgee. A quintessentially Australian pub, the striking Royal Hotel stands like an advertisement for Art Deco on Lords

RIVERSDALE SELLING UP IN SYDNEY

Posted on October 4th, 2019 by Clyde Mooney
Singo’s Riversdale Pub Fund has signalled an end to its Sydney portfolio with the listing of the iconic Unity Hall Hotel in Balmain. The Fund was founded in 2010 by John Singleton, Mark Carnegie and Geoff Dixon, and at one