Real Estate

GOOD BEER LANDS COMMODORE HOTEL

Posted on August 2nd, 2019 by Clyde Mooney
Good Beer has found its way north of the Bridge, bringing Graham Campion’s Commodore Hotel into the fleet for close to $18 million. Campion and family have long owned high-performing north shore landmark the Longueville Hotel, but ventured a few

REDCAPE SNAPS UP PIG N’ WHISTLE LEASE

Posted on August 2nd, 2019 by Clyde Mooney
The newly-llisted Redcape has snapped up the lease on Mantle Group’s Pig N’ Whistle operation at Redbank Plains for $11.5 million. Redbank Plains’ Pig N’ Whistle is one of five locations in a chain under Mantle Group Hospitality (MGH), along

PUB DEVOTEES LIST NEATH

Posted on August 2nd, 2019 by Clyde Mooney
The Waltons have put up their handsome Neath Hotel near Cessnock, looking to traverse the wide brown land and perhaps rescue outback beauties. Michelle and Brett Walton began in the pub game in the early 2000s, taking on a 3-year

COLOSIMO STAMPS HERITAGE IN NEW HILLS HOTEL

Posted on July 31st, 2019 by Clyde Mooney
Marcello Colosimo’s Momento Hospitality has announced its new build Mullane’s Hotel, bringing modern Italian theming and a craft distillery to part of Sydney “crying out” for artisan sophistication. The impressive new multi-level destination in Baulkham Hills has been christened Mullane’s,

PUB INDUSTRY ANALYSIS POINTS TO BIG YEAR AHEAD

Posted on July 29th, 2019 by Clyde Mooney
Over $1 billion in pub assets changed hands in New South Wales and Queensland in FY19, according to a report analysing every transaction for the year. NSW rebounded in the final quarter to record $860m in industry sales for the

NEW LEASE FOR COWRA’S ORIGINAL PUB

Posted on July 29th, 2019 by Clyde Mooney
A new lease for the historic Australian Hotel in Cowra has come to market, offering the incoming operator a thriving country pub with undeniable history. The Australian resides on a sizable block overlooking the main arterial road into Cowra –

AMBASSADOR SALE: POTENTIAL IN HOT WHITSUNDAYS

Posted on July 26th, 2019 by Clyde Mooney
Mackay’s handsome Ambassador Hotel has come to market, offering upside in one of the Sunshine State’s strong regional areas. Gerard Falzon has owned the Ambassador since 2005. In 2008 he expanded the portfolio, purchasing the Retreat Hotel in Epsom, around

RAILWAY HOTEL ELAINE ON TRACK TO ATTRACT

Posted on July 26th, 2019 by Clyde Mooney
The all-welcome Railway Hotel in Elaine is up for sale, enjoying a local monopoly on hospitality, around 90 minutes’ drive from Melbourne. The tin roof Railway is a stalwart local, offering residents of the town a cosy public bar, wood

SYDNEY HOTEL NEEDING HOME HITS MARKET

Posted on July 24th, 2019 by Clyde Mooney
The recently homeless Martin Place Bar has come to market, in a rare example of opportunity in the tightly held Sydney hospitality and property market. Formerly located on pedestrian thoroughfare Martin Place in the heart of the CBD, Martin Place

WYNNE WYNNE IN ROYAL RICHMOND

Posted on July 17th, 2019 by Clyde Mooney
In an era dominated by corporate consolidation, long-time owners Mal Russell and family have divested their big Richmond landmark to in-limbo industry stalwarts Peter and Karen Wynne, for a hot market price. Built 1848, the Royal Hotel occupies a generous