The Thompson family has listed its newly refurbished Moorooka pub, the Red Lion, in Brisbane’s booming south. The Red Lion occupies a prominent corner block on bustling Beaudesert Road, around nine kilometres from the Brisbane CBD. Simon Thompson and partners bought the pub late 2014 and executed a complete makeover, encompassing the bar, lounge bar, […]
Peter Cooke and Stephen Beaumont have successfully divested title of their big-format Blazing Stump in another example of the demand for strong commercial assets in Victoria. Occupying 1,780sqm on a 5,708sqm site in the heart of Wodonga, on the Victoria-NSW border, the Blazing Stump is a free-standing single level pub built 1880, operated by Cooke
SALE & LEASEBACK FOR COOKE-BEAUMONT AT BLAZING STUMP Read More »
Australia’s most prominent gaming group has taken another step toward IPO aspirations with a return to Wattle Grove and acquisition from the Malouf family. In 2010 Hedley Leisure – the ancestral base of Redcape Hotel Group – sold the western Sydney Wattle Grove Hotel tenanted by National Leisure & Gaming (NLG) to the Maloufs for
Just over a year since he revived the Hampshire and made it a Lady, Paddy Coughlan has listed the inner-west local to chase opportunities in the craft market. Former Riversdale CEO Coughlan took on the lease of Camperdown’s Hampshire Hotel in September 2016, immediately executing a million-dollar renovation of the Parramatta Road pub, which had
COUGHLAN OFFERS UP HIS LADY AS HE EYES FRANK STRONGS Read More »
Public House Management Group CEO Ben Lawler has taken the plunge with his first title in Dubbo’s Commercial Hotel, as vendors Brett Harvey and Greg Pilon pick up a local freehold. Around five hours’ drive north-west of Sydney, Dubbo is a thriving town in the Orana region, reporting around 40,000 locals and eleven pubs. The
LAWLER BUYS FIRST PUB, HARVEY-PILON HEAD TO AMAROO Read More »
The biggest landlord to Australia’s biggest publican reports strong half-yearly results, boding well for the industry and commercial interests. Listed A-REIT ALE (ASX: LEP) released end of 2017 results Wednesday, showing distributable profit down slightly (three per cent) but distributions up (1.97 per cent). Directors’ valuations during the course of the year saw the book
With one on the market, the Fermanis family has taken an unsolicited offer on title to its Montague Hotel on a tight Victorian return. Recently listing its Abbottsford pub, the Fermanis’ were approached off-market to sell their quaint corner pub The Montague, on 277sqm in well-populated South Melbourne. While the Retreat is being offered as
Wesfarmers’ Coles is looking to exit the NSW pub game, listing the Central Coast’s Northlakes Tavern as it focuses on off-premise-heavy Queensland. Coles and Woolworths have been feeling the squeeze in the retail world in the wake of Aldi’s influence, and engaging in a battle for market share. Since Wesfarmers’ 2007 purchase of the Coles
The freehold of Adelaide’s stunning Sarries and offices have come to market, as the city welcomes widespread development. The landmark corner Saracens Head hotel, known as Sarries, has stood on Carrington Street since 1873, the elegant two-storey stone pub and lacework verandas a well-known figure in the Adelaide CBD, popular with suits and students alike.
The affluent Ophir Tavern in Orange is on offer, boasting a massive block and development opportunity at an undercooked pub in a rising regional town. The Ophir, taking its name from a Biblical port famous for its wealth, is one of just two pubs in the eastern side of Orange, around three and a half
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