One of Queensland’s Top20 gaming pubs has come to market, as Jaz Mooney’s Middle Head Ventures divests to further big projects in the State’s north. Meadowbrook is a suburb of Logan City, on the M1 mid-way between Brisbane and the Gold Coast. The area is experiencing residential population growth well above State average. Meadowbrook Hotel […]
Sydney hotelier Garry Macdougall has expanded on his capital operations, grabbing a coastal change with acquisition of the Lakeview Hotel in Merimbula. Boasting a waterfront site and unique opportunity as the only hotel in town, the Lakeview sits on 4,646m² overlooking the inlet between Merimbula Lake and Bay on the Sapphire Coast, around 500 km
A Melbourne-based property developer has taken its first step into the pub game with the purchase of an almost-built site begun by Tom Hedley a decade ago. The Queensland-based Hedley Group was one of the high-flying pub developer operations buying and building prior to the GFC, which subsequently sank it and others when values plummeted
NEW PLAYER PEAK EQUITIES BUYS DORMANT HEDLEY SITE FOR NEW PUB Read More »
The Ingham-Myers brothers are selling up their two Armidale operations as they relocate back to the sunshine state with new deeds to their name. Sam and Nick Ingham-Myers have been running the leasehold businesses of Armidale’s New England and Wicklow Hotels. A prominent figure on main street, the New England comprises a main bar, a
Amid large-scale public works and growth in Newcastle, a big pub freehold development opportunity has come to market leveraging planning guidelines. The Cambridge Hotel occupies a prominent corner of Newcastle’s Hunter Street, adjoining the lot of 5-7 Denison Street, a two-level commercial office building plus parking. Together they comprise 1,942m² zoned B4 Mixed Use, with
As high-yielding leases continue to be the hot property, Mick Roche has put the inner-west Duke of Edinburgh to market, boding opportunity for a fresh operator. Occupying a prominent 430m² block on the corner of Enmore Road and Simmons Street, The Duke is a modest locals’ pub, offering the Enmore populace a contracted pub-style menu
ASX-listed Chinese developer BHL has entered the Australian pub scene with the purchase of Colin Parras’ Peachtree Hotel Penrith. Boyuan Holdings Limited (ASX: BHL) is a Chinese property development company with growing interests in both residential and commercial development in Australia. As part of its strategy to invest in opportunities across complementary sectors, through its
Mitchell Waugh’s PHMG has settled in and overhauled the legendary Four in Hand, reopening with new integration alongside a sustained homage to history in the heritage-listed pub. Bursting onto the scene mid-2015, Public House Management Group (PHMG) let loose the chequebook and amongst a string of acquisitions came purchase of Paddington’s Royal Hotel, the Woollahra
Council is expected to approve plans tomorrow for a $15m 26-storey tower atop the 153-year-old Great Western Hotel in Melbourne. Described as one of the most intact goldrush era pubs in Melbourne, the Great Western was built in 1864 on a squat 325m² block on the corner of King and Little Bourke Streets. The pub
A vehicle controlled by investment bank Moelis Australia has finally cemented purchase of the high-flying Redcape Hotel portfolio for $677 million. Ending around two years’ speculation as to the hotel group’s fate, including rumours of suitors such as a partnership between Charter Hall and ALH, and one between Moelis and hotelier Nelson Meers, Moelis has
MOELIS AT LAST LANDS FLYING REDCAPE HOTEL PORTFOLIO Read More »
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