The big, bold Astra Hotel of Broken Hill has hit the market as a long-time owner focuses on the west. The two-storey Astra Hotel is one of Broken Hill’s best-known venues, on a prime CBD corner site of 1,012sqm with over 70 metres of street frontage, and wrap around street level veranda providing ample alfresco […]
Craig Shearer’s Kickon Group has announced its expansion into northern Queensland and new partner Bart Furst, in acquisition of Townsville’s The Watermark. The Watermark, in the heart of Townsville tourist hotspot The Strand, features a relaxed sports bar and contemporary dining restaurant, boasting breathtaking views of Magnetic Island and Cleveland Bay. Kickon embraces a strategy
Darlinghurst icon the Lord Roberts Hotel is for sale as a freehold going concern, for the first time in close to a century. A ‘Public House’ first appeared on the Stanley Street site in 1871, named the Shannon Hotel. In 1901, operators the Powell family entered into a lease arrangement with JS & J Toohey
Glebe stalwart the Friend In Hand Hotel has been sold by Wallaby publican Bill Young to Marcello Colosimo’s Momento Hospitality. In a return to fortune, Young bought the pub in 2019 for around $10 million. His father and the Young family had previously owned and operated it during the 80s and 90’s. The two-storey Friend
Property guru Glenn Piper has sealed the deal on Andrew Lazarus’ magnificent Beach Hotel at Merewether, in another new record for the Newcastle region. The large-format heritage-listed pub occupies a 1,850sqm site just three kilometres from the Newcastle CBD, with panoramic views of Merewether Beach – the home to Australia’s epic surf carnival, Surfest Newcastle.
Another big western Sydney pub has sold, with a private family the latest riding the gravy train on skyrocketing values through sale of their rail-side Pendle Inn Hotel. Established in the 1950s by the vendors, the pub’s sale now represents the first in its history. It occupies an impressive 7,564sqm site opposite the Pendle Hill
PENDLE INN HOTEL THE LATEST BIG WESTERN SYDNEY SALE Read More »
Union heartland the John Curtin Hotel has been sold to an unnamed developer, but the city is fighting its demise and unions have vowed to make hell for any proposed project. Built in the 1870s, across from the Victorian Trades Hall Council building, the pub is known for its links to the union movement and Labor
Taphouse Hotel Group is shaking up the portfolio, offering up The Macca and Tacking Point Tavern coastal hotels, with expectations of a joint sale price to rival the run of recent records. The heritage-listed Port Macquarie Hotel, known locally as The Macca, was established in 1939, making it the area’s most longstanding pub. Occupying a
Growing regional publican Adam Drabarek has bought the Howlong Hotel, in the NSW border town of Howlong. Established in 1858, the single level brick Hotel occupies a prominent 2,023sqm corner site, with single bar operation, bistro, and gaming room with seven machines. It is newly refurbished, having seen significant works during the COVID-19 lockdown period.
PUBLICAN SAYS HOWLONG, AMID RED-HOT REGIONAL COMPETITION Read More »
Bundaberg’s landmark Grand Hotel has been sold, amid strong ongoing demand for pub investment opportunities in regional Queensland. Situated on a large 2,024sqm lot in Bundaberg’s CBD, the mighty Grand offers a large main bar area, restaurant, function facilities, beer garden, and 27 accommodation rooms, in recent years run as a 90-bed backpacker facility. The
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