Real Estate

GOING, GOING? GONE: CAIRNS PUBS COGNIZANCE

Posted on October 17th, 2016 by Clyde Mooney
Amid massive local development, Cairns’ Grand Hotel has hit the market, the Courthouse is being courted by Council, and a new team sign for the Cape York. Occupying 2,035 m² on a prominent corner in the heart of town, the

THE AUSSIE TO AUCTION AS HUSBAND & WIFE RETIRE

Posted on October 14th, 2016 by Clyde Mooney
Historic Queenslander The Australian at Gympie is up for sale, as husband and wife owners call time on their “old-style” pub. The first Australian Hotel built on the corner of Apollonian Vale and Lady Mary Tce was in 1873, with

USHERS MOVE INTO ST KILDA PUB CELEBRITY

Posted on October 12th, 2016 by Clyde Mooney
The famous Hotel Barkly has sold to husband and wife operators Dragon’s Door P/L and will continue its key role in St Kilda’s renaissance. [caption id="attachment_7537" align="alignright" width="312"] Mick Malloy and friends at the Hotel Barkly[/caption] The 1853-built Hotel Barkly

CALLIGEROS & CO. TO SELL TOP-10 ACACIA RIDGE HOTEL

Posted on October 5th, 2016 by Clyde Mooney
Peter Calligeros and Stephen Farley are releasing the massive Acacia Ridge Hotel to a hot Sunshine State market. After landing the trophy asset in mid-2014, business partners Calligeros and Farley have executed a calculated makeover and refresh of the business

TERMINUS ‘GHOST’ PUB TO LIVE AGAIN

Posted on October 5th, 2016 by Clyde Mooney
Sydney’s time-capsule Terminus Hotel is preparing to reopen, after 30 years of slumber. The Federation style pub on Harris Street, Pyrmont ceased trading in 1986 when the enigmatic Isaac and Susan Wakil purchased and promptly closed it. It has remained

LANTERN TAKE ‘BEST OFFER’ FOR CENTRAL QUEENSLAND PUB

Posted on September 30th, 2016 by Clyde Mooney
Lantern has taken the money and run, “meeting the market” for the deeds on its Bundaberg freehold to complete the exit from Queensland. In June, ASX-listed Lantern (LTN) listed the freehold going concern of the Central Hotel, Bundaberg, in a

SOLOTEL GETS $60m FOR ALBION HOTEL LANDMARK

Posted on September 28th, 2016 by Clyde Mooney
Bruce Solomon’s Solotel has achieved its second big-ticket sale and lease-back, settling on a bid of $60 million for the land holding of its Albion Hotel in Parramatta. The generous 3,135 m² block on the corner of George and Harris

LAUNDY ADDS TO COAST COLLECTION WITH SWANSEA

Posted on September 26th, 2016 by Clyde Mooney
The Laundys have acquired the large-format Swansea Hotel in Lake Macquarie for an A-grade price of $13 million from the Bernie family. The two-storey Hotel sits on 3,235 m² on the main street of Swansea – the gateway to NSW

FOOTY LEGEND TO TAKE OVER CREMORNE HOTEL

Posted on September 23rd, 2016 by Clyde Mooney
Geelong star Billy Brownless has bought the Cremorne Hotel in his old team’s heartland from long-time owner Grant Ryan. Located at 336 Pakington St, Newtown, the Cremorne boasts a large bar, beer garden, TAB and Keno, lounge and function areas