Two adjacent pubs in mega-mining town Mount Isa have sold in one deal from one private group to another. The Red Earth and Isa Hotels have been part of the stable of a well-known Brisbane-based hotel group, sharing adjoining boundaries in the north Queensland town, around 2,000 kilometres north-west of the capital. Mount Isa is […]
INSTANT PORTFOLIO FOR MYSTERY BUYER TO MOUNT ISA Read More »
After heading to market as a vacant possession to optimise the buyer pool for its potential redevelopment, the storied Retreat Hotel has been bought to stay a pub for a long time yet. Listing in January, the modest Retreat is a local landmark in suburban Abbottsford, around four kilometres out of the Melbourne CBD –
Owners of the elegant Grand Hotel in Healesville have put their pub to market to focus on their accommodation businesses. The Grand Hotel, built circa 1880, is a three-storey Victorian pub set on a 1,517sqm block zoned Commercial 1. It Incorporates a public bar, bistro and commercial kitchen, grand dining room, shade-covered beer garden and
HEALESVILLE’S VERY GRAND HOTEL SALE BY HOTEL KEEPERS Read More »
A Supreme Court case and suit for bankruptcy sees embattled entrepreneur Damian Griffiths’ stalwart Alfred & Constance pub and Limes Hotel for sale again, this time under receivership. Hospitality developer and king of the Doughnut Time franchise, Griffiths began to encounter financial woes a few years ago, briefly listing the two Brisbane hotels late 2016.
DAMIAN GRIFFITHS’ ALFRED & CONSTANCE AND LIMES TO RECEIVER SALE Read More »
Six months after they were previously listed, the two big pubs of Karratha in WA’s Pilbara region are back on the market with the same upsides, but renewed confidence in the economy. Karratha is a resources town of 16,000 people (2016 Census), near Port Hedland, around 1,500 kilometres north of Perth. It was established in
Marking a highlight of a career spanning more than five decades, Arthur Laundy yesterday celebrated construction beginning on his Marsden Park Hotel & Brewery by planting a ceremonial shovel in the ground. Stakeholders and representatives of key suppliers to Laundy Hotel Group gathered on a plot of levelled dirt in Marsden Park for the official
Brisbane institution the Normanby Hotel has hit the market, boasting a big block development opportunity and more upsides than Maroons supporters in Sydney. Michael Dempsey and Otto Wilhelm have co-owned the heritage-listed Normanby on Red Hill adjacent to Suncorp Stadium since 1999. They closed it for a period to execute a massive renovation in time
The acquisitive Australian Venue Company is extending its working relationship with the O’Brien family, taking on the lease at the Prince Alfred Hotel in Richmond’s bustling Church Street. Australian Venue Company (AVC) – formerly Dixon Hospitality – is on a path to build a billion-dollar portfolio with view to a float of the portfolio, backed
AVC CONTINUES GROWTH VIA O’BRIENS AND PRINCE ALFRED HOTEL Read More »
John Feros’ JDA Hotels has listed Top200 pub the Padstow Park Hotel, with new extended trading and price expectations in the high $20 millions. After executing sale-and-leaseback of the Group’s Allawah Hotel last September, and record-breaking auction of the development-ready Tennyson to Merivale in late 2016, the large-format Padstow Park will also go to auction,
The Grand View Hotel overlooking the Blue Mountains is looking for a loving new owner, as its long-standing patriarch throws in the towel in pursuit of retirement. Vendor Ben Tufrey has owned and operated the Grand View for 16 years, and looking to do some long-awaited travel and spend time with family, has listed the
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