Pub sales continue unabated across the east coast, and if freehold going concerns and operations aren’t transacting investors are finding the deeds on investment freeholds. Listed funds manager Charter Hall has secured ALH’s Imperial Hotel for $6.618 million, representing a 4.88 per cent yield. Located in Beenleigh, 35 kilometres south of Brisbane, the two-level Imperial […]
The Brownlee family have put to market their monarchical Belmore Hotel, in the NSW equine capital. Built 1866, the two-storey Belmore of Scone was originally named the Railway Hotel, before being renamed the Belmore in 1871, following a visit by the Earl of Belmore. Occupying a prominent 1,555sqm lot on Kelly Street, it stands adjacent
Australian Venue Co continues its investment into regional Victoria with acquisition of the popular Birallee Tavern of West Wodonga. The Tavern is a sandstone and brick structure, built in 1994, located in a shopping centre precinct in a significant residential area of the Victorian border town of around 15k people. It provides a spacious public
Oscars’ Mario and Bill Gravanis have made their first big move into the red hot regional market, partnering with Craig Power to purchase the entire The Pub Group Tamworth portfolio from Bevan Douglas. The Pub Group, based in the NSW regional centre of Tamworth, was founded in 1989 and has been owned and operated since
A new pub outfit headlined by Bruce Mathieson has secured the Merrimac Tavern, on the Gold Coast. The Queensland OLGR website reports approval for the licences to Merrimac Operations P/L, as trustee for the Merrimac Tavern Operations Unit Trust, which was formed in April of this year. Corporate documents show Merrimac Operations counts as directors
MATHIESON BUYS MERRIMAC TAVERN THROUGH NEW PUB GROUP Read More »
After 51 years and too many beers to count, the McDonald family’s tenure at the celebrated Manly Hotel will come to an end at the end of the month. Stewart and Dulcie McDonald took on a lease at the pub in 1970, and later passed the reins to their kids Jenny, Doug and Sandy. The
After nearly four decades behind the wheel, the Hampton family has handed its Lake Illawarra Hotel in Windang to a growing hotelier. Once a Tooth’s brewery, the Lake Illawarra occupies a 6,038sqm site a stone’s throw from its namesake, around 15 kilometres south of Wollongong. The family-run Hotel quite recently underwent a major refurbishment, amplifying
Entering the procession of large-format regional operations hitting the market amid surging opportunity, the iconic Sir George Hotel is being offered for sale. Located on the M31, a major travel route between Sydney and Melbourne, and Canberra and Wagga Wagga, Jugiong is 337 kilometres south-west of Sydney and in ideal reach for the hordes of
Charter Hall and Hostplus have teamed again to pay around $1.7 billion for the entire portfolio of ASX-listed ALE – the previous largest pub landlord in the land. Funds manager Charter Hall has secured purchase of ALE (ASX:LEP) through the listed Charter Hall Long WALE REIT (ASX:CLW) and with ongoing real estate partner Hostplus, for
A classic Queenslander all-rounder has come to market in the Julia Creek Hotel of Julia Creek. The two-storey family-owned pub in Queensland’s north-west minerals province enjoys diverse revenue streams, through food and beverage facilities, retail and accommodation. It offers public bar, dining room, commercial kitchen, beer garden and bottleshop, as well as 11 pub-style hotel
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