Feros Group has secured the $50 million Bingara Gorge Country Club, approved through Wollondilly Shire Council, to be created within Metro Property Development’s residential precinct. Due to occupy a 7,280sqm parcel of land, adjacent to Bingara Gorge’s golf course in Wilton and complementing a world-class residential estate, the Country Club is set to become south-west […]
The company owned by a former digital strategist and self-proclaimed psychic has fallen into administration, owing hundreds of thousands of dollars to staff and creditors, having not turned a profit. Rahni Newsome promotes herself as an experienced freelance digital marketer, as well as advertising her services as a ‘psychic consultant’. In 2021 she moved to
A murder of Crows has sold the famous Alma Tavern to the growing, state-dominant Duxton Pubs group. The Alma sports quite a history with AFL champs the Adelaide Crows. Previously on the deeds were Simon Goodwin and Patrick Dangerfield, along with SA hotel legend Peter Hurley. They were joined in 2000 by Mark Ricciuto, before
The historic Dulacca Hotel & Tourist Park has been put to market, offering land and potential in a thriving region of S-E Queensland. Known as the “pink pub on the hill” the Dulacca Hotel is a landmark of the Western Downs town, near Toowoomba, known as Doolachah by the local indigenous people, meaning ‘wattle trees’.
Pub industry trailblazer Fraser Short’s group The Sydney Collective has fallen into administration, said to owe around $6 million in tax and to creditors. The news broke late December – less than a year after TSC sold its share in five pubs, including the acclaimed Watsons Bay Hotel, to venture partners Laundy Hotels, headed by
Australia’s largest publican, ALH, is clawing back in its plan to turn the balance sheet around, securing approval by the ACCC to proceed with purchase of Victorian landmark the Rye Hotel. ASX-listed Endeavour (ASX:EDV) agreed in June to purchase the large-format pub from long-time owner Peter Houghton, for a price believed to be close to
Kelly & Co Hotels have furthered their strategic portfolio consolidation with the sale of the Centennial Hotel in Gulgong to a pair of newcomer siblings. Situated on a prominent corner site of 1,345sqm with excellent street frontage, the pub known by locals as ‘The Cenny’ was built in 1872. The full service operation provides single
Bundaberg hospitality stalwart Stephen Paterson has handed over his town favourite, the Railway Hotel, with the Spotted Dog Café, Bar and Grill, to first-timer Adrian Evans and partners including Arthur Laundy. Mid-2020, the iconic Spotted Dog Tavern and adjacent backpackers hostel were lost to a massive fire. The Dog was Paterson’s sixth hotel, and speaking
The Shorts have sold their idyllic and windswept Seabreeze Beach Hotel on the NSW mid-north coast to the growing Hunter group. The Short family have owned and operated the seaside pub at picturesque South West Rocks for over two decades, having purchased the title in 2001 for around $7 million. The large-format Hotel comprises state-of-the-art
After seven premium sales, high-profile pub operators Redcape have not ruled out further adjustments to the asset sheet. The Moelis-managed fund has continued its strategic divestment initiative, which sees another three this week, with Redcape saying all buyers were long-term industry participants, who have “been through the cycles and continue to see long term value
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