Real Estate

RIVERSDALE RIDES ELEPHANT TO MARKET

Posted on October 25th, 2019 by Clyde Mooney
Riversdale-operated Australian Pub Fund has listed its Brisbane behemoth The Elephant for sale as part of its “ongoing disposal strategy”. The $300 million pub investment vehicle created by business moguls John Singleton, Mark Carnegie and Geoff Dixon, APF purchased the

AVC BRINGING BACK SARAH SANDS

Posted on October 25th, 2019 by Clyde Mooney
Australian Venue Co. has announced a new addition to its portfolio with purchase of Brunswick’s historic, newfound Sarah Sands Hotel. Located in Melbourne’s eclectic north-side neighbourhood, the Georgian-style Sarah Sands has stood sentry on the corner of Brunswick and Sydney

ALBURY’S ALBION AND ASTOR AWAY

Posted on October 25th, 2019 by Clyde Mooney
Thriving border city Albury has seen two recent pub transactions, with sale of both the Astor Hotel and Albion Hotel. Hugging the Murray River and NSW-Victorian border, Albury LGA boasts populace of almost 80,000 residents, counting a diverse mix of

WALKERS EXITING RISING RABY TAVERN

Posted on October 23rd, 2019 by Clyde Mooney
Kent Walker and family have listed their big Raby Tavern in booming Campbelltown LGA to focus on other acquisitions. The Tavern is the only pub in the catchment of Raby, with 20,000 residents, between Ingleburn and Campbelltown. It forms part

PARTNERS LIST REBOUNDING ROYAL

Posted on October 23rd, 2019 by Clyde Mooney
John McAuliffe and partners have put to market their Royal Hotel at Taree, on the banks of the Manning River, as business back in Sydney calls. Taree LGA is a mid-north NSW precinct around 300 kilometres north of Sydney, with

GERNER SAVES THE CONTI AS SALE FAILS

Posted on October 18th, 2019 by Clyde Mooney
Signalling the end of a complex period and unforeseen developments, hotelier Julian Gerner has secured arrangement to retain ownership of the iconic Continental Hotel. After acquiring the site in 2015, Gerner took on property developer Stellar as a partner in

MOUNTJOYS PUT UP SNOWLINE HOTEL IN VICTORIAN ALPS

Posted on October 18th, 2019 by Clyde Mooney
After 13 years building a solid business, the Mountjoy family has listed its under-management Harrietville Snowline Hotel in order to travel and “seek new challenges”. In 2007 Anna and Bennett Mountjoy packed their bags and moved from Melbourne to Harrietville,

RAFFENS SNAG HAWKESBURY WINDSOR IN RETURN TO ROOTS

Posted on October 16th, 2019 by Clyde Mooney
Local favourite the Hawkesbury Hotel in historic Windsor has been saved by the sale, as second-time owners Steven and Lauren Raffen take the reins. The multi-level Hawkesbury Hotel resides on a 1,529 sqm block on the corner of George and

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