Real Estate

BOOMING BANGOR UP FOR GRABS AGAIN

Posted on September 24th, 2018 by Clyde Mooney
The booming Bangor Tavern has come to market boasting a big catchment and upside, as the vendors seek other opportunities. The Bangor is the only pub in the suburb, 35 kilometres south-west of the Sydney CBD, on around 1500sqm within

NEWMARKET ON NEW OFFER IN NEW ERA FOR TOWNSVILLE

Posted on September 24th, 2018 by Clyde Mooney
LINQ is charging ahead with its big plans and project in Townsville, offering the renovated Newmarket Hotel icon and a revised approach to hospitality assets. Leisure Investment North Queenland (LINQ) is a group of hospitality veterans headed up by Richard

PELATHON FLIP QUEENS HOTEL FOR ROYAL RETURN

Posted on September 21st, 2018 by Clyde Mooney
Pelathon has flipped another big-trading Queensland pub, demonstrating its buy and sell strategy as the tide begins to shift in the coastal resources town. Jaz Mooney’s Pelathon Pub Fund acquired the somewhat tired Queens Hotel late 2017, and in keeping

HPI DIVEST COLES’ WICKHAM ON TIGHT RETURN

Posted on September 21st, 2018 by Clyde Mooney
Hotel Property Investments has divested its freehold interest in the Coles-tenanted Wickham Hotel in Fortitude Valley on a sharp yield not seen in the state for a decade. The ASX-listed HPI holds in excess of 40 venues in Queensland and

HUNT HANDS RUTHERFORD BATON TO O’HARA-MALLOY

Posted on September 19th, 2018 by Clyde Mooney
Hunt Hospitality is executing a strategic sell-down to capitalise on the high level of interest in the Hunter Region, kicking off with sale of the award-winning Rutherford Hotel to the growing O’Hara-Malloy collection. The pub is a large-format broad business

NULLARBOR HOLDINGS LET LOOSE $30m OUTBACK PORTFOLIO

Posted on September 19th, 2018 by Clyde Mooney
A rare collection of three outback mixed-use hospitality assets has come to market, boasting $20 million revenue and a $30 million price tag. Private Brisbane company Nullarbor Holdings has listed its portfolio, comprising Erldunda Roadhouse in the Northern Territory, and

BALLARAT’S BLUESTONE HITS VICTORIAN BEDROCK MARKET

Posted on September 19th, 2018 by Clyde Mooney
The freehold Investment of Ballarat Central’s ‘The Bluestone’ has come up for sale, offering an historic ‘blue-chip’ asset in Victoria’s tight market. The Bluestone is a three-level structure on 728sqm that has seen significant capital expenditure, bringing state-of-the-art facilities. Holding

BIG ROCHDALE GREENFIELD SITE ON OFFER

Posted on September 17th, 2018 by Clyde Mooney
Private developers are offering a greenfield tavern opportunity on a full hectare, on Queensland’s golden promenade, between Brisbane and the Gold Coast. The future tavern and or accommodation hotel at 345 Miles Platting Rd Rochedale will occupy a 10,117sqm block

CHARTER HALL REIT SNATCH COLES FREEHOLD FOR TOP-DOLLAR $22m

Posted on September 14th, 2018 by Clyde Mooney
Charter Hall’s ASX-listed Long WALE REIT has emerged as the buyer of the prominent Coles-tenanted Club Hotel Waterford for a record-setting $22 million. The Club Hotel is around 27 kilometres south of the Brisbane CBD, set on a prominent 11,000sqm

HUGE HARRINGTON IRISH PUB AND BOUTIQUE ROOMS FOR SALE

Posted on September 12th, 2018 by Clyde Mooney
The Roche family has put to market the freehold going concern of the expansive Harrigan’s Irish Pub and adjacent River Lodge accommodation in in-construction coastal paradise Harrington. The family business, best known for pharmaceuticals, has made massive investments into the