Real Estate

GALLAGHER BUYS BIG-BONES TERRIGAL PUB FOR $28m

Posted on April 26th, 2017 by Clyde Mooney
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

BYRON ‘TOP PUB’ HAS ANOTHER CRACK IN HOT MARKET

Posted on April 24th, 2017 by Clyde Mooney
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

BALMAIN PUB GROUP LISTS GREENWOOD HOTEL

Posted on April 21st, 2017 by Clyde Mooney
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

ROZELLE’S GARRY OWEN TO MARKET AS SLOANS GO SOUTH

Posted on April 21st, 2017 by Clyde Mooney
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

SUNSHINE COAST HOTEL & NIGHTCLUB TO MARKET

Posted on April 19th, 2017 by Clyde Mooney
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

MURRAY-SIDE MILDURA HOTEL GRAND TO MARKET

Posted on April 19th, 2017 by Clyde Mooney
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

SOLOTEL WINS ON RIVERSDALE’S MARLBOROUGH SUPER-PUB

Posted on April 12th, 2017 by Clyde Mooney
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

INVESTOR BUYS BIG ALBERT PARK BEACH HOTEL

Posted on April 10th, 2017 by Clyde Mooney
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

REARDON CRIES EUREKA FOR SALE

Posted on April 10th, 2017 by Clyde Mooney
The younger Pat Reardon is parting with his Hotel ‘goldmine’ in Richmond, as he sets off abroad. The Reardon family has operated pubs all around Melbourne, including previously the Yorkshire Stingo and Railway in Brunswick, and for 25 years now,

O’HARA ADDS TO HIS COLLECTOR HOTEL

Posted on April 7th, 2017 by Clyde Mooney
Dan O’Hara and his gun chef(s) are about to revamp Parramatta’s Collector Hotel, after taking the keys this week. The Collector resides in a Western Sydney University building, in booming Parramatta. The leasehold business boasts the unusual benefit of retaining