Real Estate

AVC SNAPS UP GERRY RYAN’S PRINCE

Posted on June 28th, 2024 by Clyde Mooney
Australian Venue Co has confirmed it has signed a sale agreement for the acquisition of Melbourne Pub Group’s The Prince of St Kilda. The Prince of Wales was built in 1862, as a two-storey residential hotel. In 1937 it was rebuilt in the Art

LANSDOWNE LEGEND ROCKING NEW OWNER

Posted on June 26th, 2024 by Clyde Mooney
Sydney rock institution the Lansdowne Hotel has sold, ushering a new era for the four-storey Chippendale landmark dominating City Rd. Occupying a 506sqm block opposite Victoria Park and Sydney University, with GFA of 1,900sqm and capacity for 480 patrons, the

FOX AND HOUNDS LOOKS TO LEAP

Posted on June 26th, 2024 by Clyde Mooney
Vision Hotels has put to market the freehold going concern of its seaside Fox and Hounds hotel and extensive facilities. The Fox and Hounds is an elegant pub and resort offering hotel rooms and self-contained apartments. Set on a massive

PUBLIC HOSPITALITY PUBS JOIN WAVE OF INSOLVENCIES

Posted on June 21st, 2024 by Clyde Mooney
The Adgemis Public Hospitality empire is in flux again, threatening its refinancing efforts, as two pubs in the portfolio enter administration alongside a record-breaking number of Aussie businesses. Public Hospitality Group (PHG) is scrambling to retain its collection of over

FEROS TO MAKE A SPLASH IN SHELLHARBOUR

Posted on June 14th, 2024 by Clyde Mooney
Feros Group are the new custodians of the stunning Ocean Beach Hotel in Shellharbour, with king of the south Chris Feros declaring “big plans” for the seaside site. Built 1929, the Ocean Beach Hotel is an expansive open plan beachfront

ROCHE DIVESTING HARRIGAN’S CALYPSO BAY

Posted on June 12th, 2024 by Clyde Mooney
Roche Group, owned by rich-listers the Roche family, is offering up the very large-format Irish-themed Harrigan’s Calypso Bay, as they focus on next steps and investments closer to their NSW base. Found around 20 minutes from the Gold Coast, and

LAUNDYS SEE THE LIGHT

Posted on June 7th, 2024 by Clyde Mooney
Arthur Laundy and family have emerged as the successful buyers of the Bayfields’ iconic Light Brigade Hotel of Paddington. Crowning the intersection of Paddington-Woollahra since the 1880s, the three-storey pub boasts two street frontages, over Oxford St and Jersey Rd.

BRIDGE OF BENDIGO IN HANDS OF RECEIVERS

Posted on June 5th, 2024 by Clyde Mooney
Administrators have been appointed and are seeking a sale on the Bridge Hotel of Bendigo, after post-COVID challenges.  Built 1858, the pub was previously known as the Waterloo Hotel. It has become renowned for its exceptional cuisine and diverse selection

PUBLIC LANDS $400m REFINANCE, WITH CONDITIONS

Posted on May 31st, 2024 by Clyde Mooney
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

LEURA LISTED FOR PREMIUM PRICE

Posted on May 29th, 2024 by Clyde Mooney
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