Real Estate

LIVINGTONE’S CAPTAIN COOK SALES TO WALKER

Posted on July 24th, 2024 by Clyde Mooney
The Fanatical Warren Livingstone has sold his booming Captain Cook of Botany to Kent Walker for twice the purchase price four years ago, as the south Sydney precinct’s ship comes in. Established as the Captain Cook Inn in 1880 on

TRESISE CALLS TIME ON BELLS ‘ADVENTURE’

Posted on July 22nd, 2024 by Clyde Mooney
Landmark ‘precinct’ pub Bells has come to market, Sam Tresise presenting what is likely to be one of the most contested offerings of 2024 in the tightly held Victorian market. A mainstay institution of South Melbourne, since 1874 Bells Hotel

EAST VILLAGE GOES FROM GOOD TO TIPPLE

Posted on July 19th, 2024 by Clyde Mooney
Ben McBeath and new partners have taken on Darlinghurst’s storied East Village Hotel, as Locky Paech’s outfit looks to the next move. Located on the high-profile corner of Liverpool and Palmer Street in Darlinghurst, the former Tradesman’s Arms was built

MATHIESON SELLS FLOUNDERING CAPTAIN

Posted on July 19th, 2024 by Clyde Mooney
Bruce Mathieson has sold the intrepid Captain Cook Hotel for around half what he paid two years ago, recycling the gaming credentials as the prominent Paddington pub goes into drydock. The four-storey Federation-style Captain Cook was built in 1914, overseeing

CULLENS LIST BAY HOTEL AND PACKAGE

Posted on July 17th, 2024 by Clyde Mooney
Landmark coastal pub the Bay Hotel and surrounding businesses have been listed by the Cullen family, after 35 years owner-operation. The diverse business is set on a combined landholding of 4.4 hectares in Bonnells Bay, overlooking Lake Macquarie, with an

ASENSIO OFFERS KULETO’S ON KING

Posted on July 15th, 2024 by Clyde Mooney
Long-time owner Donna Asensio has offered up the quirky Kuleto's hotel on King Street in inner west Newtown, holding plenty of upside for a hands-on operator. Formerly known as the Milton Hotel, the three-storey venue is at the northern end

KINSELAS AND COURTHOUSE DEAL IN COURT

Posted on July 12th, 2024 by Clyde Mooney
The big-ticket sale of Kinselas and the Courthouse Hotel by MA Financial to operator-developer Virtical has fallen over, with parties now arguing the specifics in court. Last September news broke that Moelis was divesting the pair of pubs at Taylor

MORTGAGEE SALE ON PUBLIC’S PADDINGTON FLOWER

Posted on July 10th, 2024 by Clyde Mooney
Lender Australia Pacific is selling Public Hospitality venue El Primo Sanchez Hotel – formerly the Rose, Shamrock and Thistle – as Adgemis’ collection unravels. One of Paddington’s historic pubs, the Rose, Shamrock & Thistle first opened in 1884, on the

LOCAL VISION FOR OCEAN VIEW HOTEL

Posted on July 10th, 2024 by Clyde Mooney
The run of Victorian regional pub sales has continued with new locals taking over the picturesque Ocean View Hotel in Kilcunda. Found in the heart of Victoria’s picturesque Gippsland coastline, the ‘Killy Pub’ is the flagship of the seaside town

REDCAPE TRIFECTA TO FRANCIS AND SONNEL

Posted on July 8th, 2024 by Clyde Mooney
Redcape has given a fresh boost to the portfolio reshuffle, selling three more of its A-grade pubs to two different buyers, for a total value of over $136 million. The latest three hotels to exit the Redcape stable are the