Real Estate

AIRLIE BEACH HOTEL CONQUERS DEBBIE

Posted on September 27th, 2019 by Clyde Mooney
The windswept Airlie Beach Hotel is back down to earth and safely in new hands, after overcoming the ravages of Cyclone Debbie. Built 1968 on an 8,819sqm block just metres from the destination Whitsundays tourist beach, the Airlie Beach Hotel

BLUE SKY IN CROOKWELL COUNTRY

Posted on September 27th, 2019 by Clyde Mooney
Hitting the market this week is the Crookwell Hotel outside of Goulburn, coming with textbook upside atop a strong mixed revenue business. Crookwell is a town in the NSW southern tablelands, north-west of Goulburn, around 200 kilometres inland of Wollongong.

CAIRNS CENTRAL OFFERS OPPORTUNITY

Posted on September 27th, 2019 by Clyde Mooney
Amid major works and investment in the area, a vacant hotel operation has come to market at Cairns’ historic Central Hotel. The striking two-storey Queenslander was built on the corner of Lake and Spence Streets in the heart of the

LAUNDY BANKS IN MAITLAND

Posted on September 25th, 2019 by Clyde Mooney
Furthering the Hunter’s quest as one of the country’s hottest regions for pub property, industry icon Arthur Laundy has snapped up the Clancys’ The Bank at Maitland. Going coastal from Sydney, in 2010 Terry and Tammy Clancy bought up the

50-YEAR OWNERS SELL SUBIACO TO LOCALS

Posted on September 25th, 2019 by Clyde Mooney
After 50 years in the same hands, Perth icon the Subiaco Hotel has been bought by dynamic local publicans Dave Allan and Lawson Douglas. Michael and Judy Monaghan acquired the historic pub business in the late 60s, and bought into

HUNT SEEKS INVESTORS IN $50m PUB FUND

Posted on September 20th, 2019 by Clyde Mooney
Newcastle-based hotelier Stephen Hunt has been courting investors to double the size of his hotels fund to $50 million, following strong growth and robust returns. SJH Hotel Fund, run by Hunt Hospitality, owns hotel trusts around the Lakeside Village Tavern

SAVIOA HOTEL SALE AS KEATING STEPS DOWN

Posted on September 20th, 2019 by Clyde Mooney
The picturesque Savoia Hotel in Victoria’s famous spa country has come up for sale, as its long-serving owner-operator looks to retirement. The Savoia Hotel is the only pub in Hepburn Springs – a town around 120 kilometres north-west of Melbourne,

BALMORAL SNAG SHELL COVE’S WATERFRONT TAVERN

Posted on September 18th, 2019 by Clyde Mooney
The newly-formed Balmoral Hospitality Group has announced another big greenfield build, winning the race to be the Waterfront Tavern at the massive Shell Cove development. Shell Cove is a $2.3bn mega-project by Frasers Property Australia and Shellharbour City Council, based

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