As city-fringe pubs continue to regain momentum, craft beer mecca the Royal Albert Hotel of Surry Hills is being offered as a re-stapled freehold going concern. The long-term freehold owners have collaborated with the leaseholder and are offering both the freehold and business combined. Set on the bustling corner of Commonwealth and Reservoir Streets positions […]
The second half of Damien Kelly’s troubled Pub Invest portfolio has been put to market, being the landmark Crown Hotel of Surry Hills and Nowra’s large-format North Nowra Tavern. News broke at the start of the year that insolvency and restructuring experts Wexted Advisory had been appointed as administrators to the Pub Invest assets as
The long-standing Hakfoort Group has sold its iconic Redbrick Hotel in Woolloongabba to pub royalty the Mathieson family. The heritage-listed Victorian-era Hotel was built in 1890 for Thomas Burke, who remained owner and proprietor until 1899. Several owners followed before it was renamed ‘Burke’s Hotel’ in the 1980s in his honour. For many years it
Chris Morris’ Colonial Leisure Group has added to the property portfolio with the freehold of its Lucky Coq in Windsor. CLG operates 10 venues across Victoria, and around the same number again across several other states. It has occupied the Lucky Coq, on the corner of Chapel and High Street, since 2009, on a lease
Family-owned Matthews Hospitality is expanding in its heartland with purchase of Bentleys Hotel, in South Australia’s Clare Valley. Matthews is one of South Australia’s largest family-owned hotel groups, having owned, operated and sold a total of 36 hotel licences and freeholds over the years since its inception during World War II by Seymour and Doris
Following heated weekend negotiations, it has been announced Damien Kelly’s Rose & Crown Hotel Parramatta and Corrimal Hotel of Wollongong have sold for a combined $74.5 million. The properties went to market in January, under direction from Wexted Advisors, as the first tranche of assets to be divested out of Kelly’s troubled Pub Invest portfolio.
KELLY’S ROSE & CROWN AND CORRIMAL SOLD AFTER HOT PURSUIT Read More »
Jaz Mooney has listed Brisbane landmark The Normanby Hotel, offering either the freehold going concern or leasehold on the Sunshine State icon. Built in 1890 on Red Hill, the multi-level Normanby is one of the city’s oldest and most beloved pubs. In 1992 it was added to the Heritage Register. For years its boisterous ‘Sunday
JAZ MOONEY PARTING WITH BRISBANE ICON THE NORMANBY Read More »
The large-format Thomas Blamey Tavern in the Riverina has been sold to a consortium led by publican Lee Green. Occupying a 6,110sqm site in Wagga Wagga, one of the state’s premium regional precincts, and only a couple of blocks from popular recreational area Lake Albert, the big pub offers public bar, bistro, sports bar with
GREEN CONSORTIUM SNAPS UP BIG-TICKET THOMAS BLAMEY Read More »
The Beachfront Hotel in Darwin is being sold by NT icon Doug Sallis, representing the first freehold going concern sale in many years. Occupying a massive 7,000sqm site, it is close to the CBD, Hospital and the Territory’s largest retail centre – Casuarina Square – in what is deemed one of Australia’s fastest-growing urban regions.
Hospitality giants the Comiskey Group, producers of two of Australia’s largest pubs, have announced the start to and a partnership with their new venue, The Doonan. The Queensland family-owned company has been widely acclaimed for its creation and operation of the huge Eatons Hill Hotel, and sprawling Sandstone Point Hotel, injecting $200 million into the
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