Real Estate

PREMIER FIGHTS TO BUILD

Posted on February 23rd, 2024 by Clyde Mooney
The Thomas family’s landmark Premier Hotel is battling to get approval for a ground-up overhaul that would see a major mixed-use development on the prominent Nineways intersection at Broadmeadow. An application lodged with City of Newcastle proposed a $34 million

TRIUMPHANT TOWNSVILLE PRODUCES NEWMARKET SALE

Posted on February 19th, 2024 by Clyde Mooney
The big Newmarket Hotel is new to market, representing a picturesque canvas in the centre of thriving Townsville. Situated on a prime corner site, the pub is close to popular attractions, major transport links and commercial establishments. It is within

TOTTENHAM ON THE BLOCK

Posted on February 16th, 2024 by Clyde Mooney
The handsome Tottenham Hotel in ‘The Soul of the Centre’ is being sold, offering an entry level going concern opportunity. A classic two-storey corner pub with full wrap-around veranda, construction on the hotel was completed in 1931. It resides on

BANK COVENANT REPORTING – THE NEED TO KNOW

Posted on February 16th, 2024 by Clyde Mooney
The finance landscape in the pub industry is under pressure, as businesses continue to find their feet following the pandemic and the fallout from high interest rates takes its toll. Most instances of loans issued to a pub will involve

IRIS PUTTING THE PUB INTO IBIS

Posted on February 12th, 2024 by Clyde Mooney
Publican-developer Iris Capital has won approval on appeal for its plans to reimagine the Ibis Budget Hotel in Wentworthville into an expanded pub hotel facility. Located on a busy corner of the Great Western Highway, close to the Cumberland Highway,

BARRY BACKS IT UP AT CORINDI BEACH

Posted on February 9th, 2024 by Clyde Mooney
Kelly & Co Hotels has divested the “opportunity-laden” Corindi Beach Hotel on the NSW Coffs Coast to honed local Harry Barry. Originally known as the Amble Inn, the large-format pub sits on an enormous 16,120sqm site and includes public bar,

DENNIS’ DIVESTING THE AUSSIE

Posted on February 7th, 2024 by Clyde Mooney
The Dennis family has offered up their big, long-held Australian Hotel in Nowra, anticipated to be one of the south-coast region's most keenly contested sale campaigns.  Located on a 2,665sqm site in the heart of the Nowra CBD, the pub is

RAILWAY HOTEL WINDSOR SETS FOR NEW TRACK

Posted on February 5th, 2024 by Clyde Mooney
For the first time in decades, the Railway Hotel in Windsor has been listed for sale, offering genuine upside in a growth corridor. A classic corner pub, the two-storey Railway is at the gateway to the Windsor retail and commercial

IRIS EYES $77m UPGRADE OF THE PALMS

Posted on February 2nd, 2024 by Clyde Mooney
Iris Capital is executing plans for a massive $77 million redevelopment of The Palms at Chullora, adding residential buildings and commercial space. Plans were lodged with Canterbury-Bankstown Council for the mixed-use project on The Palms’ 11,744sqm site on the Hume

DINGO ON THE LOOSE

Posted on February 2nd, 2024 by Clyde Mooney
The re-stapled business and title of the seaside Dingo Beach Hotel is off the leash for the first time in many years, representing a rare slice of paradise. The pub is located in Queensland’s idyllic Whitsundays region, around 40 minutes