Real Estate

RIVERSDALE SELLING LAST PUB LAMBTON PARK

Posted on November 14th, 2022 by Clyde Mooney
The former headlining Riversdale group is bowing out of pubs, with stakeholders opting to sell the prominent Lambton Park Hotel, in suburban Newcastle. The pub group representing high-flyers John Singleton, Mark Carnegie and Geoff Dixon bought the LPH mid-2018 for

BUGDENS SAY BYE TO BAGO

Posted on November 11th, 2022 by Clyde Mooney
Long-timers Peter and Judy Bugden have passed the baton at their Bago Tavern on the mid-north coast to local Glenn Knight. The Bago is located in the historic town of Wauchope, inland from Port Mac, just shy of 400 kilometres

NEW OWNERS FOR TAPHOUSE’S NEW VIC

Posted on November 9th, 2022 by Clyde Mooney
Taphouse has passed the baton on its pocket rocket New Victoria Tavern in the burgeoning Sydney industrial precinct and one pub suburb of Wetherill Park. The New Vic came to market late 2021, citing a lively sports bars and TAB

WHITTEN-PROUT SELL GUNNEDAH AND STAY

Posted on November 9th, 2022 by Clyde Mooney
Whitten and Prout have sold the freehold going concern of Gunnedah Hotel for an undisclosed amount, but will be staying on for a spell to operate the classic country pub. Positioned on a 2,921sqm corner lot in the town’s high

FRASER FLIPS FITZROY

Posted on November 7th, 2022 by Clyde Mooney
Fraser Short’s Sydney Collective has sold Windsor’s Fitzroy Hotel to the growing Don Hodge Group, after owning the well-known pub for only about a year.  Short teamed up late 2021 with Todd Jacques, keeper of the Sunnyside Hotel in Broadmeadow,

MITTA MITTA PUB HITS MARKET

Posted on November 7th, 2022 by Clyde Mooney
The freeholders and operators have teamed to offer the freehold going concern of the Mitta Pub, on the banks of the striking Snowy Creek in northern Victoria.   Previously known as the Laurel Hotel, the pub resides on a block of

SISTERS OUT OF TAHMOOR INN BEHEMOTH

Posted on November 4th, 2022 by Clyde Mooney
A Sydney syndicate has won the bid for the massive, big-potential Tahmoor Inn Hotel, owned by the extended Ryan family for more than three decades. Located in south-western Sydney's Macarthur Region, the single level, tavern style operation occupies an impressive

SALMONS TAKE GALLAGHER’S CHELSEA

Posted on November 4th, 2022 by Clyde Mooney
Veteran Rod Salmon and his son Nate have emerged as the buyers of the Gallagher clan’s Chelsea Hotel in north shore heartland, Chatswood. Patrick Gallagher and partners bought the Hotel early 2018 from Solotel, for circa $20 million. The two-level

KULETO’S GOES TO NEW ENTRANT

Posted on November 2nd, 2022 by Clyde Mooney
Sydney inner west variant Kuleto’s has been sold for the first time in over four decades to a newcomer to the industry, amid continued strong demand and limited supply for city fringe hotels. Previously known as the Milton Hotel, the

BLACK RHINO BANKS CARDINIA PARK

Posted on November 2nd, 2022 by Clyde Mooney
Dave Tomsic’s Black Rhino Group has paid over $25 million for the Deegan family’s sprawling Cardinia Park Hotel at Beaconsfield. Established in 1926, the Cardinia Park Hotel occupies a commanding 48,976sqm (4.9ha) lot in Melbourne’s south-east. It features a fully