Real Estate

EVENING STAR FOR SALE AS SURRY HILLS SET TO SHINE

Posted on April 8th, 2024 by Clyde Mooney
The high-profile Evening Star Hotel on the edge of the Sydney CBD has come to market, amid multi-billion-dollar infrastructure investment on its doorstep. Located on Elizabeth Street, a 2-minute walk from Sydney’s Central Station and Light Rail, the Star features

HARVEST SEES FERTILE GROUND IN QUEANBEYAN

Posted on April 5th, 2024 by Clyde Mooney
Harvest Hotels has consummated its new investment fund with purchase of the big-ticket Jerrabomberra Hotel, in red-hot Queanbeyan. Known locally as ‘The Jerra” the pub occupies a generous 2,759sqm opposite the Jerrabomberra Village Shopping Mall, providing sports bar, bistro, gaming

PIPER BUYS SCARBOROUGH FROM BILLIONAIRE BRUCE GORDON

Posted on April 5th, 2024 by Clyde Mooney
Glenn Piper’s rebranded Epochal Hotels has announced its acquisition of the Scarborough Hotel from media tycoon Bruce Gordon. The heritage-listed hotel resides on 3,904sqm, on a cliff edge of the Illawarra escarpment, showcasing an expansive outdoor area with unparalleled views.

PAYNES’ REIGN ENTERS THE ROYAL

Posted on April 3rd, 2024 by Clyde Mooney
DB Pubs has consolidated its portfolio in New England with sale of the Royal Hotel Armidale to growing local hoteliers Tom and Harley Payne. Occupying a large 1,836sqm site on main drag Marsh Street, the two-storey Art Deco hotel holds

RECEIVERS SELLING PRIVATE EMPIRE

Posted on March 27th, 2024 by Clyde Mooney
Cobar’s thriving Empire Hotel is being sold through receivers, as part of the consolidation of business interests of a private owner. The pub resides on a generous 3,127sqm lot with dual street frontage. It is configured for single bar operation,

AUSTRALIA’S OLDEST IRISH CLUB EMBRACES SARAH SANDS

Posted on March 25th, 2024 by Clyde Mooney
The celebrated Celtic Club has found a new home, taking over AVC’s (former) Sarah Sands Hotel, in the craic of Brunswick. Melbourne’s 600-strong Celtic Club was formed in 1887, and has outlasted sister initiatives in Sydney and Brisbane to become

ORANGES IN BLOOM

Posted on March 25th, 2024 by Clyde Mooney
Two prime hotels are on offer in booming NSW regional hub Orange, providing opportunity and scale in agricultural heartland. Established in 1890, the two-storey Hotel Orange is the oldest pub in the area, residing on a prominent 712sqm lot on

HAYMARKET HOSPITALITY OFFERING ON THE BLOCK

Posted on March 22nd, 2024 by Clyde Mooney
A recently renovated Haymarket landmark pitched to be the next big versatile hospitality venue in the city’s southern fringe, is being sold by a private investor. Constructed 1884, the multi-storey Goulburn St building was originally a barracks for the Salvation

AVC BUY FOUR FREEHOLDS FROM LANDLORD HPI

Posted on March 22nd, 2024 by Clyde Mooney
ASX-listed HPI today announced it has entered a binding agreement to sell four of its hotels to its major tenant, Australian Venue Co, for a total of $48.6 million. Set to occur in two tranches, the four properties comprise three

MERIVALE’S MELBOURNE MANOEUVRES

Posted on March 18th, 2024 by Clyde Mooney
Merivale’s move into Melbourne is under fire, with reports the extensive plan for Tomasetti House is struggling to meet its anticipated opening for this year as the bar-tzar feels the operational pinch. Early 2021 Justin Hemmes’ group shelled out around