Real Estate

NEW TEAM TAKING THE HUNTER TO KHARTOUM

Posted on July 5th, 2024 by Clyde Mooney
Kitchener’s handsome Khartoum Hotel has been sold by veteran Ray Prescott, ushering in a trio of new operators to optimise its opportunity in the Hunter. The historic two-storey pub was constructed in 1926, on a commanding 2023sqm site on what

KNOX DROPS AREA IN A HOT REGION

Posted on July 3rd, 2024 by Clyde Mooney
There’s a new rising star of the region as Jim Knox divests his big Area Hotel in Griffith to a local operator. Knox bought the pub in 2019 for around $8 million from a private syndicate who had operated it

THE SPORTING GLOBE TAKE BENDIGO’S BELOVED METRO

Posted on July 3rd, 2024 by Clyde Mooney
The Signature Group has been unveiled as the buyer of the historic Metropolitan Hotel of Bendigo, with a new instalment of The Sporting Globe heralding a new era for sports enthusiasts in the regional hub. Popularly known as The Metro,

WESTERNPORT ON MARKET FOR FIRST TIME IN 20 YEARS

Posted on July 1st, 2024 by Clyde Mooney
Coastal gem the Westernport Hotel of San Remo has hit the market, available for the first time in 20 years. The popular pub occupies a 2,781sqm corner site with over 100 metres of dual street frontage. Inside is a well-patronised

BROWNFIELD BREWERY OPPORTUNITY IN S-E-QUEENSLAND

Posted on June 28th, 2024 by Clyde Mooney
Nicholas Street in Ipswich has launched a campaign for the next stage of the burgeoning leisure and entertainment Precinct, looking to add some crafty beverages to the attraction mix. Nicholas Street Precinct, aka The Precinct, is located in Ipswich’s city

BLACKTOWN’S TOWN TAVERN SOLD

Posted on June 28th, 2024 by Clyde Mooney
The Town Tavern of Blacktown has been sold through receivers, with a new operator looking to optimise its place in the western Sydney gaming market. A consistent Top200 venue, the Town is a prominent, high-performing venue adjacent to Blacktown train

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