High flying banker turned publican Jon Adgemis has secured a $400 million refinancing deal to save his floundering hospitality gambit, but will be forced to sell down. According to sources, an agreement has been reached this week with the group’s major lenders Deutsche Bank, Gemi Investments and Archibald Capital, providing funding earmarked to pay staff, […]
After less than two years, private owners have listed the handsome Leura Hotel in Camperdown with option to lease or buy. Found on the corner of Manifold and McNicol streets, the striking two-storey pub was built 1857. Ealy in the twentieth century it was re-pointed with a ‘wedding cake’ façade design. The historic public house
New locals have taken the Fitzgerald prize, adding Mudgee’s historic Paragon Hotel to their growing portfolio. Built 1857 amid the region’s goldrush, the hotel was originally known as the Bushman’s Home. Around a decade after it was established it was renamed the Paragon. It occupies a prominent corner of Perry Street and Gladstone streets, providing
Captains Flat Hotel has seen its share of ups and downs over the last nine decades, and with new owner Sharanne Witt it’s set to be on the rise again once it is back serving the locals next month. An hour south of Canberra, the village of Captains Flat first saw its namesake built around
Retiring owner-operators have listed the Pit Pony Tavern and associated businesses in Collinsville, primed to capitalise on activity in the area. The Pit Pony is the only pub in Collinsville, on a 2,935sqm lot in the heart of town. It provides a classic public bar, lounge bar, bistro, gaming with TAB, KENO and 10 coastal
Amid increasing activity in the sector, private owners have listed their entry level pub in the northern rivers region, Lismore’s Hotel Metropole. The pub resides on an expansive 1,590sqm site on arterial Keen Street, providing public bar, commercial kitchen and bistro with several dining areas, large beer garden and a huge, underutilised car park covering
Universal has reshuffled the portfolio, taking up residence in the Palace of Haymarket, and calling an end to play at the Bat & Ball in Redfern. Built 1877, the Palace is one of three three-storey heritage Sydney buildings at the intersection of George and Hay streets, both directions now closed to vehicles. For decades it
Rod Salmon is looking to divest his newly re-branded and refreshed Chatswood Hotel, on Sydney’s gold-plated north shore. The two-level pub, formerly known as the Chelsea, occupies a 765sqm strata site opposite the entrance to Chatswood station, which sees around 43k passengers daily, and is surrounded by residential and commercial buildings. Configured in an efficient
Nick Quinn and partners have divested the Australian Hotel in Wingham, which will become part of the growing collection of Tim Smith. Set on a prominent 1,884sqm corner of Wingham’s arterial Bent Street, the Aussie is comprised of the classic pub offerings of a main bar, bistro, gaming room with 13 machines, and 11 accommodation
Inner west landmark the Garry Owen Hotel is being sold by owner-operators in a campaign offering either the freehold going concern or a new lease. Built 1920, the stately two-storey building was designed in the Colonial style. Despite a number of internal alterations, it has retained much of its façade’s period character. Occupying a prized
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