Real Estate

CAPTAIN MELVILLE SET FOR SALE

Posted on May 17th, 2023 by Clyde Mooney
The lease to what is said to be Melbourne CBD’s longest standing pub, the Captain Melville, has come to market. Located in a handsome bluestone building on Franklin Street at the northern end of the CBD, the Captain is set

THE ADDIE JUMPS FOR QUICK SALE

Posted on May 15th, 2023 by Clyde Mooney
Classic coastal local the Adelaide Hotel of Moruya has hit the market for a “short and sharp” sale campaign by private owners. The pub is strategically located at the north end of the main thoroughfare of Moruya’s town centre, on

WALKER LOOKS TO DIVEST IN DOONSIDE

Posted on May 12th, 2023 by Clyde Mooney
The Walker family has begun an on-market sale campaign on the large-format Doonside Hotel, in fast-growing western Sydney heartland. The pub resides on a significant 7,278sqm lot, around a block from Doonside Train Station and retail strip. It provides public

ALH POSTS STRONG RESULTS AMID CONTINUED INVESTMENT

Posted on May 10th, 2023 by Clyde Mooney
Endeavour has posted what it describes as a “solid” performance for the quarter, seeing stability across pubs and retail, and continued investment in the pursuit of patronage. The ASX-listed Endeavour (EDG) released its FY23 Q3 financials in the past week,

BONDI BEACHFRONT HOTEL FOR SALE

Posted on May 8th, 2023 by Clyde Mooney
A rare pub sale has begun on the iconic Bondi beachfront, as Point Group look to divest their operation of the Greek-themed Topikos – one of only four hotels fronting the world-famous strip. Topikos is on street level at 180

PIPER TO DRIVE GROWTH PLANS IN COMMODORE

Posted on May 5th, 2023 by Clyde Mooney
Glenn Piper has added another icon to the collection, sailing into the Commodore Hotel of McMahon’s point for around $29 million, following an invitation-only sale process. John Azar’s Good Beer Company acquired the Hotel mid-2019 for around $18 million from

QUINN LOOKS TO BANK IN MAITLAND

Posted on May 5th, 2023 by Clyde Mooney
Nic Quinn has listed his East Maitland Bank, as he moves to focus on other interests in the growing portfolio. Found just off the New England Highway, on a 2,346sqm block, the Bank Hotel provides a public bar, bistro, gaming

RICHMOND’S BOUZY ROUGE UP FOR GRABS

Posted on May 3rd, 2023 by Clyde Mooney
The sassy Bouzy Rouge has been listed for sale by long-time hoteliers David and Angela Carey, marking a rare Richmond opportunity. Built 1870, the prominent two-storey Hotel previously known as the Dover Castle is on a corner of Bridge Road,

RIVERSDALE EXITS, VIA LPH

Posted on May 3rd, 2023 by Clyde Mooney
Prior high-flyer Riversdale group has completed its exit from the pub game, selling its last asset, the Lambton Park Hotel in suburban Newcastle. Australian Pub Fund, backed by business moguls John Singleton, Mark Carnegie and Geoff Dixon bought the LPH

HOTEL GRANDEUR COMES INTO VIEW

Posted on May 1st, 2023 by Clyde Mooney
The emblematic Grand View Hotel of Wentworth Falls is being sold by its passive investor owner, freshly renovated and poised to welcome sightseers to the region. The majestic Georgian-style Hotel was built in 1883, and commanding an elevated position on