Tim Fallon’s newly-formed Lancer Group has fended off the competition to expand locally with acquisition of Gundagai’s Criterion Hotel. Gundagai is an iconic regional town, around halfway between Melbourne and Sydney, and home to the famous ‘Dog on the Tuckerbox’ statue. The Criterion is a striking, multi-level red brick building with Art Deco features, offering […]
SYDNEY FREEHOLDER TIM FALLON GOES AGAIN IN GUNDAGAI Read More »
Hurley Hotel Group has announced plans to build the new $30 million Panorama Hotel, to replace its nearby, soon-to-be-acquired Tonsley Hotel. The greenfield Panorama pub is the plan to supersede the Tonsley, which is being taken by the South Australian Government as part of the North-South Corridor project. The Group is looking to the 3.4-Ha
The Laundy family have furthered their coastal acquisitions and partnership model, buying the Mercure Centro Hotel with Mr Port Macquarie, Alistair Flower, for around $25 million. Rated 4.5-star, the five-level 72-room Hotel is in the heart of Port Macquarie’s commercial, retail and entertainment precincts, offering broad facilities including an extensive restaurant and bar, swimming pool
LAUNDYS GROW COASTAL ACCOM AND PARTNERSHIPS WITH FLOWER AND PORT Read More »
The appetite for coastal pubs continues unabated with sale of Victoria’s iconic Apollo Bay Hotel, south-west of Melbourne. The picturesque property came to market for the first time in over 30 years in February, offering the freehold title and a thriving business that has been recipient of numerous industry awards. Mere metres from the ocean
Local hotelier Simon Paterson is putting up the development opportunity of and around his high-performing pub, in booming Blacktown. The Town Tavern of Blacktown is a strong suburban business, listed in the Top100 of the Liquor & Gaming hierarchy of NSW pubs. Leveraging his lease on the Tavern, Paterson engineered options to purchase eight adjacent
Jon Adgemis’ Public Hospitality Group has taken the hand of the Lady Hampshire of Camperdown, for around $11 million. The Lady is a well-known landmark of the inner west, passed by thousands of cars each day on bustling Parramatta Road. It offers an old-school public bar, TAB, gaming room with nine EGMs, a large and
PUBLIC HOSPITALITY GROUP PICKS UP CAMPERDOWN’S LADY Read More »
Melbourne-based Black Rhino Group has taken another run at South Australian potential, buying all three pubs in the Copper Coast town of Moonta. Found around 160 kilometres north-west of Adelaide, Moonta is a community of over 4,000 people and one of three towns known as the Copper Coast, or ‘Little Cornwall’, in a nod to
Kent Walker has put suburban stalwart the Earlwood Hotel to market, in a rare divestment of a Top200 Sydney pub. Built 1931, the three-storey brick Hotel was designed in the Interwar style, occupying an 825sqm lot with overall floorspace of 1,643sqm. It is situated in the centre of the Earlwood precinct, south-east of Marrickville. Recently
Justin Hemmes has furthered his push south, buying one of Narooma’s oldest and most historic buildings, Lynch’s Hotel. Located on a 2,300sqm site in Narooma’s town centre, the Hotel features a classic bar, a casual restaurant with indoor and outdoor dining areas, and traditional pub-style hotel rooms with common amenities. “Every great town needs a
The stoic and enigmatic Captains Flat Hotel of Captains Flat has sold to first-timers, local family the Durrs. The very large-format pub was built c.1937, occupying a 2,024sqm block and the only Hotel in Captains Flat – an historic township south-east of the heart of Canberra. It came about at a time when the town
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