Real Estate

GREENWELL POINT HOTEL AND LAND OPP FOR GREENFIELD SITE

Posted on March 10th, 2017 by Clyde Mooney
The Greenwell Point Hotel and land package have hit the market, amid big local development in the Shoalhaven ‘gateway to the south coast’. Greenwell Point is an idyllic fishing village on the banks of the Crookhaven River, about two hours

NAVIGATING TO A BETTER FINANCE DEAL

Posted on March 10th, 2017 by Clyde Mooney
For most business owners, the focal point of a loan offer is on the all-important margin. While this is a key ingredient, I consider it to be just one of the many key points that make up a truly great

COLES’ BIG MANSFIELD TAVERN LISTED – AND SOLD

Posted on March 8th, 2017 by Clyde Mooney
The freehold and opportunity surrounding Coles’ Mansfield Tavern came to market last week – only to be snapped up quick smart by “a well-known Sydney publican”. The massive 20,830 m² site, just 11 kilometres south-east of Brisbane CBD, was expected

CITY-FRINGE CHIPPO HOTEL HITS THE MARKET

Posted on March 8th, 2017 by Clyde Mooney
The ‘Heart of Chippendale’ is open to suitors, as Brett Strauss leaves his American-style pub on the fringe of Sydney’s CBD. The Chippendale Hotel, aka The Chippo, is a three-storey Victorian pub near Central station, in one of Australia’s oldest

PORT MELBOURNE BEAUTY ON OFFER AS ‘MARDO’ MOVES ON

Posted on March 8th, 2017 by Clyde Mooney
The exquisite Mardo’s Hotel is up for grabs, as Nic ‘Mardo’ Mardling passes the custodial mantle with plans to train chefs elsewhere. The hotel on the corner of Crockford and Raglan Streets in Port Melbourne, was constructed circa 1860, and

LAZARUS HEADS NORTH AND LISTS THE EASTERN

Posted on March 3rd, 2017 by Clyde Mooney
Hopping into Sydney’s hot market, Andrew Lazarus’ Eastern Hotel Group has listed Bondi’s large-format Eastern Hotel as it rounds out a complete portfolio shift. The Eastern Hotel is adjoined to Westfield Bondi Junction, occupying 1,720 m² over four levels, with

HARITOS’ VERANDAH SOLD IN RECORD TIME

Posted on March 1st, 2017 by Clyde Mooney
In what could be record short time on the market, Dean Haritos has signed over the deeds to his booming Verandah Hotel to an unnamed “well-known Sydney hotelier”. The price was reported to be “comfortably in excess” of the $9

OUTBACK ICON ON MARKET FOR LAID-BACK $1.2m

Posted on February 27th, 2017 by Clyde Mooney
One of the outback’s famous curiosity pubs – just 17 hours north of Adelaide – has hit the market, with an asking price of $1.2 million. The Mungerannie Hotel is the stuff of legends, comprising a pub, dining room, accommodation,

WAUGH RETURNS, BUYING RIVERSDALE’S TOXTETH

Posted on February 24th, 2017 by Clyde Mooney
As Marly bar is poised expectantly on the market, Riversdale has sold another off-market, with Mitchell Waugh’s Public House Management Group snatching Mitch’s first love, Glebe’s The Toxteth. Australian Pub Fund (APF) was formed by investors and business celebrities John

IRVIN HOTELS BUYS HOMESTEAD TAVERN AS SPANKIE EXITS

Posted on February 24th, 2017 by Clyde Mooney
Another Sydney hotelier has bought big in Brisbane, with Joe Irvin picking up the “trophy asset” Homestead Tavern for $15.6 million. The ongoing shortage of opportunities in Sydney and Melbourne is driving more publicans up the coast, finding value in