Real Estate

MILES FAMILY CALL TIME ON BELLS INSTITUTION

Posted on October 12th, 2018 by Clyde Mooney
The picturesque institution Bells Hotel in Woolloomooloo has hit the market, after almost 50 years’ owner-operation by the Miles family. The proud “Country pub in the City” stands at #1 Bourke St, on the corner of Cowper Wharf Road, opposite

IPO IN THE WORKS FOR FLYING REDCAPE

Posted on October 12th, 2018 by Clyde Mooney
After years of speculation and a change of ownership, Redcape has begun steps toward an Initial Public Offering in December. The prominent pub group was acquired mid-2017 by Moelis Australia after several rumoured divestment considerations by its former owners, US

$80m DEVELOPMENT OF SORRENTO’S THE CONTI BEGINS

Posted on October 12th, 2018 by Clyde Mooney
The massive restoration and development of Sorrento’s famous Continental Hotel has begun, with hotelier Julian Gerner and Stellar Group’s partnership flagging an $80 million project. The four-storey Continental – popularly known as The Conti – was built 1875 from local

UPDATE: SALE OF THE HARBOUR VIEW HOTEL

Posted on October 10th, 2018 by Clyde Mooney
PubTIC wishes to clarify a recently published article PHOENIX RISING: PATERSON TAKES HARBOUR VIEW It has now become known to us that Phoenix Hotel Group has not purchased the Harbour View Hotel yet. We would like to extend apologies to

PULLOS GROUP LIST SAMFORD & WOODFORD TO KEEP ROYAL GEORGE

Posted on October 8th, 2018 by Clyde Mooney
Les Pullos and family have listed their big-trading south-east Queensland pubs the Samford and Woodford Hotels, to focus on the roaring RG’s. Pullos has been a veteran of the Queensland pub game for decades, leaving a string of successful country

SOLOTEL LEAVE CLOVELLY TO NEW TEAM

Posted on October 5th, 2018 by Clyde Mooney
Solotel has announced it has divested its leasehold interest in the beachside Clovelly Hotel. The group took on a lease in 2016 with Sam Arnaout’s Iris Capital, which had owned and operated and renovated it extensively over the past decade,

HOT LEASE ON COOKIES LOUNGE IN BAKEHOUSE QUARTER

Posted on October 3rd, 2018 by Clyde Mooney
A rare leasehold interest in North Strathfield’s burgeoning Bakehouse Quarter has come to market, offering retail-style rent and ownership of the liquor licence and PMEs. Cookies Bar & Lounge is within the Bakehouse Quarter – a mixed-used development covering six

IRVIN OFFERS UP BARKLY AS MT ISA BITES

Posted on October 3rd, 2018 by Clyde Mooney
Sydney-based Paul Irvin Hotel Group has listed the high-performing Barkly Hotel in rebounding Mount Isa, as he looks to reinvest in other projects. The multifaceted Barkly Hotel Motel occupies a generous 1.35Ha (13,500sqm) plot beside the Barkly Highway mine, six

FREEHOLD OF DT’S HOTEL RICHMOND LISTED

Posted on October 3rd, 2018 by Clyde Mooney
A private investor is offering to market the freehold interest of well-known Richmond pub DT’s. DT’s Hotel, formerly known as Citizen’s Park Hotel, is situated at the busy corner of Church and Highett Streets. It has been a colourful Richmond

FRISCO WOOLLOOMOOLOO SET TO STORM MARKET

Posted on September 28th, 2018 by Clyde Mooney
Woolloomooloo’s famous Frisco Hotel has come to market, representing a prime freehold operation on the CBD fringe ready to see uplift from extensive renovation. [caption id="attachment_15046" align="alignright" width="188"] Circa 1970.[/caption] The historic Frisco was built 1856, on the corner of