Real Estate

PUBLIC FIVE ON THE LINE

Posted on October 16th, 2024 by Clyde Mooney
Administrators FTI Consulting have swung into action, listing five of Jon Adgemis’ Public Hospitality venues at once, individually or in one line. Formerly a high-flying dealmaker for tax advisor KPMG, Adgemis hopped on the hotel bandwagon in the late teens,

OPERA HOUSE’S VENUES OUT TO TENDER

Posted on October 11th, 2024 by Clyde Mooney
The world-famous Sydney Opera House has begun a tender process looking for leading operators to manage its popular harbourside venues, currently known as Opera Bar and House Canteen. It is being billed as a “once-in-a-decade opportunity” to reimagine the venues

EULO QUEEN LEGEND FOR SALE IN OPAL COUNTRY

Posted on October 11th, 2024 by Clyde Mooney
The fabled Eulo Queen Hotel, with its saucy history of a serial widow with an obsession for opals, is for sale as cornerstone of a broader business in the historic outback town. Eulo was named as a settlement on the

COLLIE HOTEL ON OFFER

Posted on October 9th, 2024 by Clyde Mooney
The one and only Collie Hotel is being sold by owner-operators, offering a big, booming regional watering hole with blue sky and no competition. Occupying a generous 4,295sqm site on the edge of the busy Oxley Highway through town, the

ARMADA OFFERING PARKSIDE GREENFIELD

Posted on October 4th, 2024 by Clyde Mooney
Hospitality developer Armada Hotels & Leisure is offering an operations partnership in its ready-to-build greenfield site the Parkside Tavern in the burgeoning Territory. Set to be located at the arterial junction of Bloodwood Street and Tuckaroo Boulevard, on the outskirts

ALH TO HAVE THE CAV

Posted on October 2nd, 2024 by Clyde Mooney
Endeavour Group and ALH have stepped up the footprint in the Territory, securing approval to buy Mick Burns’ legendary The Cav. The Cavenagh Hotel is one of the Northern Territory’s oldest pubs, first licensed in 1932 as the Don Hotel,

NEWCOMER PICKS UP GARRY OWEN

Posted on October 2nd, 2024 by Clyde Mooney
Garry Owen is looking to a new future in Rozelle, as the century-old inner west pub changes hands again. Occupying a 358sqm lot on a corner of bustling Darling Street, the two-storey Garry Owen was built in 1920. Holding a

UNIVERSAL TAKES TEMPE VIA THE RIVERVIEW

Posted on September 30th, 2024 by Clyde Mooney
The Kospetas family’s Universal Hotel Group has executed a coup in Tempe with acquisition of staunch local the Riverview Hotel. Situated in Sydney’s inner west, roughly 10 kilometres southwest of the CBD, it features a popular sports bar, bistro, function

ATO FALLS ON VIRTICAL

Posted on September 27th, 2024 by Clyde Mooney
The strings are unravelling on the rise and fall of the skyrocketing Virtical Group, as the ATO unleashes the first of what could be many fines for improper tax claims. An audit, which is the first to emerge from what

GILLIGAN’S FGC SETS OFF ON MAIDEN CRUISE

Posted on September 25th, 2024 by Clyde Mooney
FNQ hospitality icon Gilligan’s has officially hit the market, offered as a freehold going concern for the first time. Situated in the heart of Cairns, at the gateway to Australia's famous Barrier Reef, the award-winning business is an “adventure destination”