Real Estate

STRAND HOTEL AND OCEANFRONT LAND SALE SCREAM POTENTIAL

Posted on May 11th, 2016 by Clyde Mooney
The Strand Hotel and surrounding land has hit the market, offering operators or developers “one of the last strategic land holdings” on the thriving east coast of Queensland. A local landmark, The Strand Yeppoon sits central in the redevelopment project

REDCAPE PULLING OUT OF FAIRFIELD WATERS DEVELOPMENT

Posted on May 9th, 2016 by Clyde Mooney
Redcape Hotel Group is relinquishing one of its future plans, divesting its Fairfield Waters site to focus on core assets. One of the country’s largest gaming-based hotel groups, Redcape currently operates 26 venues nationally, and is looking for more Sydney

‘THE EDGY’ BACK ON THE BRINK OF NOWHERE

Posted on May 9th, 2016 by Clyde Mooney
A troubled Victorian heritage pub is again under threat as local stakeholders refuse to compromise on making its restoration commercially viable. The Mentone Hotel – colloquially known as ‘The Edgy’ due to its former moniker of the Edgewater Hotel –

ALH’S AUSTRAL HOTEL & DAN’S UP FOR GRABS

Posted on May 6th, 2016 by Clyde Mooney
Another ALH plot of gold has come to market, with a private investor offering up the Austral Hotel and adjoining Dan Murphy’s Liquor Barn. Occupying 4,360 m² in the heart of Mackay, the site boasts an exceptionally long 70-year lease

BIG TICKET RENO FOR ALH ‘FLAGSHIP’ PUB

Posted on May 2nd, 2016 by Clyde Mooney
ALH has announced the impending re-opening of its heritage-listed landmark pub, the Crows Nest Hotel. Stage one of the head-to-toe multi-million dollar overhaul of the pub is set to be revealed in a couple of weeks, bringing all-new food and

IPO IN THE AIR FOR DIXON HOSPITALITY

Posted on May 2nd, 2016 by Clyde Mooney
The Australian Financial review reports Dixon Hospitality is one step closer to its rumoured IPO, with another “chunky acquisition” expected to be announced soon. The operation, fronted by father and son team Bruce and Michael Dixon, has been on an

PELATHON RE-WORK HEADS FOR $100m PORTFOLIO

Posted on April 29th, 2016 by Clyde Mooney
Pelathon Group – established by ASX-listed BlackWall Property Funds, who partnered with Jaz Mooney – now has the opportunity to take the re-structured pub group “to the next level”. Pelathon Pub Group (PPG) has held three assets worth around $24

ILLAWARRA GOLD BOUGHT BY PEAK INVESTMENTS

Posted on April 27th, 2016 by Clyde Mooney
The Denmeade family has divested a landmark Wollongong pub to Damian Kelly’s Peak Investments as the Illawarra region continues to run hot. After operating Wollongong’s large format Corrimal Hotel for nearly two decades, Andrew Denmeade has determined to change up