Real Estate

HUNTER SURRENDERS REGAL STANCHION

Posted on August 19th, 2019 by Clyde Mooney
Cessnock’s handsome Royal Oak Hotel has come to market, harbouring local opportunities in a region skirting top-of-market influences. The commanding two-storey brick Royal Oak occupies a sizeable 1,619sqm block on one of the busiest corners in Cessnock, around 50 kilometres

MURPHY GETS COMMERCIAL IN REDBANK

Posted on August 16th, 2019 by Clyde Mooney
Another NSW hotelier has jumped the border, with Gerry Murphy paying circa $6 million for classic ‘Queenslander’ the Commercial Hotel at Redbank. The two-storey balcony-clad mostly timber pub was built 1915 on a generous 2,702sqm lot, in the block between

ALH ACQUISITION SHAKES UP LOCALS

Posted on August 14th, 2019 by Clyde Mooney
Australia’s largest pub group has gotten a little larger on its road to independence, looking to shake up Ingham with a big-budget revival of the troubled East Ingham Hotel. The two-storey pub holds a generous 4,046sqm block, with main public

QUEENSLANDER HEADS TO FRISCO

Posted on August 14th, 2019 by Clyde Mooney
A Queensland-based hotel investor has secured Woolloomooloo’s heritage-listed Frisco Hotel from the Micola family. The Frisco occupies a tidy 304sqm corner lot in Sydney’s historic wharf district, built back in 1856 to serve the public house needs of the local

SORRENTO SALE AS BROO BREWS FUTURE

Posted on August 12th, 2019 by Clyde Mooney
Kent Grogan – owner of Broo Ltd – has put to market his Sorrento Brewhouse on the Mornington Peninsula, as recent expansion in the beer business consumes his focus. The Sorrento Brewhouse is a newly-refurbished limestone building, occupying a large

NORTHERN HOTEL TO COURT MARKET

Posted on August 9th, 2019 by Clyde Mooney
The Court House Hotel in the NSW far north coast has been put to market, offering a diverse business with upside in the State’s arts and lifestyle precinct. Located in the middle of main street Murwillumbah, the two-storey Court House

KAUFLAND LOOKS TO PUBS WITH BIG DEVELOPMENT PROPOSAL

Posted on August 9th, 2019 by Clyde Mooney
German supermarket giant Kaufland has begun showing the scale of its ambition, submitting plans for a ‘hypermarket’ and hotel in Queensland with Toowoomba Regional Council. Eyeing the Australian grocery and liquor markets, Kaufland has begun bold moves this year, including

IRVIN TAKES COOLANGATTA GOLD

Posted on August 7th, 2019 by Clyde Mooney
Irvin Hotel Group has furthered its northern interests with the big-ticket buy of Taphouse Group’s striking Coolangatta Sands Hotel. Earlier this year Irvin sold the Belmont Hotel in Newcastle to Don Hodge Group, stating intentions to reinvest the capital. Irvin

LONG-TIME OWNERS LIST VICTORIA’S BRITANNIA

Posted on August 5th, 2019 by Clyde Mooney
After 14 years slaving behind hot beer taps owner-operators Caroline Trudgeon and David Kovelas are eying retirement, listing the only pub in Carisbrook – their Britannia Hotel. Formerly a plumber, Kovelas became a publican with his wife in the mid-2000s,

SYNDICATE BAILS OUT SINKING BOATHOUSE GROUP

Posted on August 2nd, 2019 by Clyde Mooney
The high-profile Boathouse Group has been rescued through sale to associate investors, bringing relief to employees and its eight venues pledged to “business as usual”. In late 2017 Andrew and Pippa Goldsmith took a significant step in the expansion of