Real Estate

KELLY AND THE GANG EXIT GULGONG

Posted on December 1st, 2023 by Clyde Mooney
Kelly & Co Hotels have furthered their strategic portfolio consolidation with the sale of the Centennial Hotel in Gulgong to a pair of newcomer siblings. Situated on a prominent corner site of 1,345sqm with excellent street frontage, the pub known

BUNDY’S RAILWAY ON NEW TRACKS

Posted on November 27th, 2023 by Clyde Mooney
Bundaberg hospitality stalwart Stephen Paterson has handed over his town favourite, the Railway Hotel, with the Spotted Dog Café, Bar and Grill, to first-timer Adrian Evans and partners including Arthur Laundy. Mid-2020, the iconic Spotted Dog Tavern and adjacent backpackers

SHORTS PASS ON SEABREEZE LEGACY

Posted on November 24th, 2023 by Clyde Mooney
The Shorts have sold their idyllic and windswept Seabreeze Beach Hotel on the NSW mid-north coast to the growing Hunter group. The Short family have owned and operated the seaside pub at picturesque South West Rocks for over two decades,

REDCAPE WRAPS TWO MORE SALES, FOR NOW

Posted on November 23rd, 2023 by Clyde Mooney
After seven premium sales, high-profile pub operators Redcape have not ruled out further adjustments to the asset sheet. The Moelis-managed fund has continued its strategic divestment initiative, which sees another three this week, with Redcape saying all buyers were long-term

 A BUNCH OF SPORTS STARS PILE INTO A HERITAGE PUB

Posted on November 22nd, 2023 by Clyde Mooney
The handsome Heritage Hotel of Rockhampton is undergoing an usual sale process, mustering Queensland sporting greats Gorden Tallis, Nick Gregorski, Mark Knowles and Scott Prince, and a host of new owners. Built 1898 on Rockhampton’s riverfront, the three-storey premise was

REDCAPE SELL-DOWN DROPS MT ANNAN IN S-W SYDNEY

Posted on November 20th, 2023 by Clyde Mooney
High-flying pub group Redcape “continues momentum” in its recent divestment program, with the big-ticket sale of its prized Mount Annan Hotel to an established Sydney hotel family. Redcape de-listed from the ASX in September 2021, with shareholders hoping to achieve

BROWNING FAMILY PUTS UP BALLARAT COLLECTION

Posted on November 17th, 2023 by Clyde Mooney
The Browning family has put their portfolio of hospitality venues in Ballarat on the market, representing more than an acre of freehold assets in the heart of one of Victoria’s largest regional centres. Billed as ‘The Ballarat Collection’, leading the

LOUGHNANS LETTING GO THE IRONBAR

Posted on November 16th, 2023 by Clyde Mooney
Put to market for the first time ever, iconic north Queensland hotel the IronBar Saloon in Port Douglas is being sold by long-term family owners. Renowned for its laid-back holiday lifestyle and boutique businesses, Port Douglas, approximately 67 kilometres north

OLD BAR NEW FOR QUINN AND CO

Posted on November 13th, 2023 by Clyde Mooney
Kelly & Co Hotels has announced the quick-draw sale of Old Bar Tavern on the NSW mid-north coast to a partnership headed by growing regional hotelier Nick Quinn. Old Bar Tavern is found around two hours north of Newcastle, on

BEACH BEAUTY ON THE BLOCK

Posted on November 7th, 2023 by Clyde Mooney
The sand-swept Cabarita Beach Hotel on the NSW north coast has been put up for sale by the McElhone family. Located literally metres from the sand and surf of Cabarita Beach, The Beach is one of only a handful of