Real Estate

GALLAGHER GOES NORTH FOR MOONEY’S MEADOWBROOK

Posted on August 24th, 2018 by Clyde Mooney
Patrick Gallagher has joined the ranks of the banana-benders, buying Jaz Mooney’s thumping Meadowbrook Hotel in the Queensland golden mile. The Hotel is a large-format pub built in the late 90s on a 5,934sqm site in Meadowbrook, in Logan City,

LEVY SELLS SEABREEZE NELSON BAY TO HUNT

Posted on August 22nd, 2018 by Clyde Mooney
Following an extensive renovation, Marcus Levy has sold his sea-change Seabreeze Hotel business to Coast king Steven Hunt, as Marvan keeps moving. The Seabreeze is a broad offering pub on a generous block intended as the perfect setting in which

WARDS PUT UP SUPER TROUPER TRUNDLE HOTEL

Posted on August 20th, 2018 by Clyde Mooney
The commanding Hotel at the centre of the town of Trundle has come to market, overseeing the widest main street in NSW and Australia’s first dedicated ABBA festival. The National Estate-listed Trundle Hotel is a sprawling two-storey brick and timber

OUTBACK ICON BIRDSVILLE HOTEL RACES TO MARKET

Posted on August 17th, 2018 by Clyde Mooney
Outback institution the Birdsville Hotel is up for sale – a mere 1,600 kilometres west of Brisbane, and central to Australia’s heart. The picture-postcard heritage-listed sandstone pub adorns Adelaide Street in the far western Queensland town on the edge of

MOUNTAINTOP GRAND CENTRAL COMES TO MARKET

Posted on August 17th, 2018 by Clyde Mooney
Classic suburban pub the Grand Central Hotel Lithgow has come to market, offering plenty of upside in the Blue Mountains town, west of Sydney. The three-storey Grand Central occupies 951sqm on a prominent Main Street corner, in a somewhat under-pubbed

CRITERION TO MARKET AS BRISBANE BUILDS

Posted on August 15th, 2018 by Clyde Mooney
As Brisbane powers on with public and private development in all directions, the Criterion Tavern in the heart of the business district has hit the market. The Criterion Tavern occupies 863sqm of the lower level of a high-rise office building

DOYLES OFFER PARADISE VALLEY GOING CONCERN AND POTENTIAL

Posted on August 13th, 2018 by Clyde Mooney
The Doyle family has put to market their big Paradise Valley Hotel in Clematis, offering a rare freehold going concern with expansion potential in the outer reaches of Melbourne. The Paradise Valley is located on a generous 9,916sqm block on

ALE FY18 RESULTS MEASURE CONTINUED SUCCESS IN PUB BUSINESS

Posted on August 10th, 2018 by Clyde Mooney
ALE’s results for FY18 herald continued strength in the Australian pub sector, showing strong valuations, record low debt and market-leading returns for investors. Listed entity ALE (ASX: LEP) is the biggest landlord to Australia’s biggest publican, the majority Woolworths-owned Australian

ALL-NEW KANDANGA HOTEL TO AUCTION

Posted on August 8th, 2018 by Clyde Mooney
Less than three years after it was levelled by fire, the Kandanga Hotel is rebuilt and better than ever and on the market as battlers Doug and Carol Greensill look to move on. The historic Kandanga Hotel in the south-east

MARY ELLEN SOLD

Posted on August 8th, 2018 by Clyde Mooney
Newcastle’s Mary Ellen Hotel has been sold by its newcomer local owner to private hotel investors. Merewether resident Adam Sherman purchased the Mary Ellen off-market late 2016, bringing extensive hospitality and business experience including decades owning and operating multiple McDonalds