After decades selling drinks to them, former Lion director Frank Arangio has slipped onto the other side of the bar, buying Wyong’s Royal Hotel for nearly $7 million. Continuing the flow of sales of NSW coastal hotels, Arangio bought the Royal at Wyong alongside wife Marney, and in partnership with industry stalwart, publican Pat Gurr […]
Accountant-turned-publican James Sneddon is looking to revolutionise the medical industry, once he finishes giving away his pub in the mother of all trade promotions. Sneddon began his working career on the books, before three years ago quitting accounting to pursue his dream of owning his own bar, opening Das Hund Haus (The Dog House) German
FORMER ACCOUNTANT GIVING AWAY NSW PUB TO GROW ONLINE MEDICAL SERVICE Read More »
Irish pub king Patrick Gallagher has bought his biggest pub yet – paying $28 million for the Terrigal Hotel and a ‘return to his youth’. Gallagher describes the area around his latest purchase as ‘special’ and recalls family visits “just about every weekend” when he was young(er), but the sale still exemplifies that opportunity waits
Byron Bay’s Beach Hotel is rumoured to be still on the market, with price expectations of $75 million. The massive beachside operation, known locally as the ‘Top Pub’, occupies 4,585 m² overlooking picturesque Main Beach. It was built in 1990 by John ‘Strop’ Cornell from his proceeds of the blockbuster Crocodile Dundee film. It incorporates
As North Sydney pushes ahead with massive expansion, the Balmain Pub Group has listed its hallowed heart of the precinct, the striking Greenwood Hotel. Built as a church in 1878, the historic sandstone structure has been a hotel for just 25 years, with just two owners, the latest being Nick Wills’ Balmain Pub Group (BPG).
The Sloan family has put to market Rozelle’s Garry Owen Hotel, as they head south to family and new enterprises. The two-storey Federation-style pub occupies 358 m² on the corner of bustling Darling Street and Matilda in Rozelle, just five minutes from the Sydney CBD. It was purchased from Laundy Group in 2013 by industry
ROZELLE’S GARRY OWEN TO MARKET AS SLOANS GO SOUTH Read More »
Sunshine Coast hotel the Riverside Bar, with Level 2 nightclub, has hit the market as the owners look to leave hospitality. The late-licence hotel is located within Sunshine Plaza, overlooking the Paynter River in Maroochydore, on the Sunshine Coast. The venue has seen several incarnations, known as the Pig n’ Whistle, then the Cow &
The magnificent former coffee palace that is the Hotel Mildura Grand is on offer for $2.9 million. Built in 1891 as the Mildura Coffee Palace, the imposing structure was intended to serve a planned Temperance colony in Mildura, on the banks of the Murray River. Soon into the turn of the century, the alcohol-scorning Temperance
The six-week all-star campaign for the Marlborough Hotel has culminated with Bruce Solomon and celebrity chef partner Matt Moran taking the keys for $33 million. John Singleton, Geoff Dixon and Mark Carnegie’s $300m Australian Pub Fund (APF) began offering its Riversdale assets to the stock-starved pub market last November with rumours the large-format Marlborough, popularly
SOLOTEL WINS ON RIVERSDALE’S MARLBOROUGH SUPER-PUB Read More »
As development fever continues to grip Victoria, the landmark Beach Hotel site, with supermarket, has sold to a Chinese investor for around $18 million. Famed for its vibrant atmosphere and views of Port Phillip Bay, the Beach Hotel overlooks Albert Park Beach, and features bars and dining rooms, function rooms, bistro, gaming room with 32
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