Real Estate

WALKER LISTS TOP200 EARLWOOD

Posted on March 18th, 2022 by Clyde Mooney
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

MERIVALE TAKES ANOTHER IN NAROOMA

Posted on March 18th, 2022 by Clyde Mooney
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

FIRST-TIME LOCALS TAKE ON WAYWARD CAPTAINS FLAT

Posted on March 18th, 2022 by Clyde Mooney
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

CITY-FRINGE ROYAL ALBERT FGC ON OFFER

Posted on March 15th, 2022 by Clyde Mooney
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

PUB INVEST TO DIVEST CROWN AND NORTH NOWRA

Posted on March 11th, 2022 by Clyde Mooney
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

MATHIESON BUILDS WITH HAKFOORT’S REDBRICK

Posted on March 11th, 2022 by Clyde Mooney
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

CLG SECURES ITS LUCKY COQ

Posted on March 9th, 2022 by Clyde Mooney
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

MATTHEWS PUSHES REGIONAL ENVELOPE WITH BENTLEYS

Posted on March 9th, 2022 by Clyde Mooney
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

KELLY’S ROSE & CROWN AND CORRIMAL SOLD AFTER HOT PURSUIT

Posted on March 7th, 2022 by Clyde Mooney
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

JAZ MOONEY PARTING WITH BRISBANE ICON THE NORMANBY

Posted on March 4th, 2022 by Clyde Mooney
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