Real Estate

REDCAPE REAPS REWARDS AT THE GROVE

Posted on August 25th, 2023 by Clyde Mooney
Mere days after the announcement Redcape was divesting two of its collection in north Queensland, a sale has already been confirmed on one, Mackay’s The Grove. Last week the high-profile group listed The Shamrock and The Grove hotels in Mackay,

MATHIESON’S RISING STAR

Posted on August 23rd, 2023 by Clyde Mooney
Billionaire pub baron Bruce Mathieson is looking to bolster his stake in the casino sector, applying to the regulator to increase his already substantial holding in the troubled Star Entertainment. Principle investor in Endeavour, keeper of the country’s largest pub

THE HIDEAWAY STEPS INTO THE LIGHT

Posted on August 23rd, 2023 by Clyde Mooney
Classic Queensland-style country pub the Station Hotel in the Fraser Coast region is being offered to market for the first time in more than four decades. The Station is in Tiaro, approximately 250 kilometres north of Brisbane, just south of

THE REPUBLIC SOLD TO DEVELOPER

Posted on August 21st, 2023 by Clyde Mooney
An up-and-coming developer has bought Sydney’s famous The Republic, prompting speculation the pub may see redevelopment. The trophy hotel has reportedly sold for around $40 million to diversified property group Virtical, which it’s said is seeking to capitalise on its

GOOD BEER SERVES UP TWO MORE

Posted on August 18th, 2023 by Clyde Mooney
John Azar’s Good Beer Co continues the portfolio shake-up, listing both the Union Hotel in North Sydney and The Harold of Forest Lodge. The Union is a classic Art-Deco pub on the Pacific Highway equipped with three bars, a restaurant,

REDCAPE POLISHING PORTFOLIO IN MACKAY

Posted on August 18th, 2023 by Clyde Mooney
High-profile hotel group Redcape has listed two of its large-format pubs, The Shamrock and The Grove hotels in Mackay, as it shores up the balance sheet to overcome hurdles and pave the way for future moves. Formerly the Andergrove Tavern,

YANG FAMILY OFFERS BEXLEY NORTH AND UPSIDE

Posted on August 11th, 2023 by Clyde Mooney
Bexley North Hotel has been listed for sale, offering the combination of a robust business with newly secured mixed-use redevelopment potential (STCA). Located on an underutilised 4,234sqm block in the centre of Bexley North, around 21 kilometres south-west of the

GDM GROW IN WINE COUNTRY

Posted on August 8th, 2023 by Clyde Mooney
Matt Coleman and co have furthered the stable of strong regional operations with purchase of Hotel Cessnock, in the Hunter Valley. Built 1908, the pub is a grand country hotel in a prominent central site in Cessnock, close to the

LOCALS VOCAL OVER PLANS TO MAKE VILLAGE INN A SHOP

Posted on August 4th, 2023 by Clyde Mooney
Paddington’s historic Village Inn is under threat of being turned into a retail space by its new owners, and locals are not impressed, exclaiming its “cultural significance”.   Established 1850, near the corner of Glenmore Road and Oxford Street, the

PORT’S PIER IN RARE SALE

Posted on August 2nd, 2023 by Clyde Mooney
Port Melbourne’s spectacular beachfront Pier Hotel has come to market, marking a rare property and operation that hasn’t been available in more than two decades. Positioned on a 491sqm high-profile corner of Bay and Beach streets, with around 50 metres