Real Estate

COLES AND AVC ANNOUNCE $200m DEAL

Posted on March 6th, 2019 by Clyde Mooney
Coles’ Spirit Hotels has finally announced its much-anticipated joint venture proposal with Australian Venue Company (AVC), for control of 87 pubs in three states. ASX-listed Coles (ASX: COL), recently de-merged from parent company Wesfarmers, has entered into an incorporated joint

BROOKLYN’S ANGLERS REST AS MATES RETIRE

Posted on March 6th, 2019 by Clyde Mooney
Old mates Geoff Watts and Mal McKellar are leaving the game, putting up their Anglers Rest Hotel in Brooklyn, north of Sydney. The Anglers Rest occupies a large 1,221sqm block on the beachfront of picturesque Brooklyn, on the idyllic Hawkesbury

REGIONAL GASTRO PUB ON OFFER

Posted on March 6th, 2019 by Clyde Mooney
The picturesque and acclaimed Tinamba Hotel in eastern Victoria is being offered for sale, as long-time owner Damien Gannon looks for a change. The Tinamba is a charming country pub in Victoria’s Gippsland lakes region, around 200 kilometres east of

SYNDICATE DIVESTING REGIONAL GEM AREA HOTEL

Posted on March 4th, 2019 by Clyde Mooney
The Riverina region’s Area Hotel is for sale, as a syndicate of investors look to capitalise on a bullish market and uplift in interest in strong regional hotels. The private syndicate has owned the Area for 15 years, operating it

CARSON & CO TAKE ON SMITHS’ AUSTRALIAN HOTEL

Posted on March 4th, 2019 by Clyde Mooney
The Smiths say goodbye to their thriving Australian Hotel, ending decades of their dedicated operation as they hand the reins to new locals Andrew Carson and family. Glenda and Gary Smith have owned and run their stately 1909-built Hotel overlooking

MOUNT KEMBLA BEAUTY ON OFFER

Posted on March 1st, 2019 by Clyde Mooney
The elegant, historic and potentially haunted Mount Kembla Village Hotel has come to market, offering a beautifully restored local with more than a smattering of local folklore. Established 1898, the Mount Kembla pub is a picturesque weatherboard two-storey structure overlooking

NEW HANDS ON MOLLY MALONES

Posted on March 1st, 2019 by Clyde Mooney
Townsville icon Molly Malones has been bought by north Queensland group Zeller Investments. Built 1901 as the Tattersalls Hotel, the heritage-listed two-storey brick corner pub was reinvented as the Irish-themed Molly Malones back in 1999. It offers a craft beer

GOOD BEER TAKES DOG TO MARKET

Posted on February 27th, 2019 by Clyde Mooney
The Good Beer Company has put to market its thumping Duke of Gloucester – The DOG, in Randwick – to focus on its city projects undergoing redevelopment. John Azar’s Good Beer Company (GBC) developed a reputation for classy establishments built

CONNELLS TAKE ON PUB WITH NO BEER

Posted on February 27th, 2019 by Clyde Mooney
By Emma Castle Lisa and Glenn Connell from Western Australia have crossed the Nullarbor to buy the iconic Pub with No Beer in Ingham, Queensland. The heritage-listed Lees Hotel was made famous by Slim Dusty’s country music homage, The Pub

OLD FITZROY IN NEW HANDS

Posted on February 25th, 2019 by Clyde Mooney
Jaime Wirth and associates have taken on a third operation – picking up the lease on the Old Fitzroy in the active waterside precinct of Woolloomooloo. The Old Fitzroy is a century-old corner local in the narrow backstreets of Woolloomooloo.