Real Estate

PARADISE IN VICTORIA KEEPS MARKET HOT

Posted on September 18th, 2019 by Clyde Mooney
The Paradise Valley Hotel freehold going concern has been sold in a classic perpetuation of Victoria being the tightest market in the country. The Hotel is set on a big 9,916sqm block, offering a large public bar, TAB facilities, commercial

AVC STRATEGY TAKES EUROPEAN BIER CAFÉ

Posted on September 16th, 2019 by Clyde Mooney
Continuing its portfolio tuning, Australian Venue Company has announced acquisition of a Melbourne bier, sport and comedy institution – the European Bier Café. The multi-level venue on Exhibition Street features a bar and function space, Aer rooftop bar, and a

GREAT CENTRAL SALE IN CELTIC COMMUNITY

Posted on September 16th, 2019 by Clyde Mooney
Tony and Julie Hills are divesting their elegant Great Central Hotel in the northern tablelands, offering a balanced business in a popular tourism town. The Great Central is a quality food and beverage-based operation, providing a main public bar, commercial

NEW FISHER-DENMEADE GROUP TO RAISE FLAGSTONE

Posted on September 13th, 2019 by Clyde Mooney
Industry identities Joel Fisher and Andrew Denmeade are back in the business, having secured a hot new site in one of Australia’s largest urban zoned greenfield developments. The Master Planned Community of Flagstone, within the Logan growth corridor south-west of

GUEST TAKES ON SURREY HOTEL REDFERN

Posted on September 13th, 2019 by Clyde Mooney
Redfern’s historic Surrey Hotel is in new hands, with regional operator Adrian Guest taking the keys at the opportunity-laden pub on the city fringe. Built 1886 and continually licensed, the three-storey Surry is deemed both architecturally and historically significant by

BLUE SKY FOR NEW LISTING BROLGA HOTEL

Posted on September 13th, 2019 by Clyde Mooney
The proprietors of the pride of Brolga have listed their thriving operation in southern NSW, ahead of growth slated in both the region and the pub, and as they look to growth of their own. The Brolga Hotel is a

AVC SELLING IN MELBOURNE

Posted on September 11th, 2019 by Clyde Mooney
The acquisitive Australian Venue Company is fine-tuning the portfolio, divesting two of its operations in south Melbourne. The Newmarket Hotel is a classic red brick two-storey structure that offers a nod to the traditional eclectic St Kilda, while “boasting its

BEACH HOTEL SALE LOOKS TO FUTURE

Posted on September 9th, 2019 by Clyde Mooney
Byron’s famous Beach Hotel is back to market, offering the freehold and operation two years after wealthy investors bought it for $70 million. Built in the early 90s for around $9 million by John Cornell, larrikin partner in comedy to

FRESH YASS ON OFFER

Posted on September 9th, 2019 by Clyde Mooney
Harvest Hospitality has put to market its freshly renovated Yass Hotel, freeing capital amid major works elsewhere in the portfolio. The Yass, formerly known as the Royal Hotel, is a classic country pub set on a large 2,028sqm corner block

EVENING STAR IN THE AIR AS PRECINCT RISES

Posted on September 6th, 2019 by Clyde Mooney
Marcus Levy has put his shining Evening Star out to market, fresh from a renovation as Sydney poises to see the light rail come to life. The two-storey red brick pub on the corner of Elizabeth and Cooper Streets in