Real Estate

HURLEYS TO BUILD PANORAMA GREENFIELD

Posted on March 25th, 2022 by Clyde Mooney
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

LAUNDYS GROW COASTAL ACCOM AND PARTNERSHIPS WITH FLOWER AND PORT

Posted on March 23rd, 2022 by Clyde Mooney
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,

HIGH-FLYING APOLLO BAY SALE SURPASSES TARGET

Posted on March 23rd, 2022 by Clyde Mooney
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

PATERSON PUTS UP BLACKTOWN PUB PROJECT

Posted on March 23rd, 2022 by Clyde Mooney
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

PUBLIC HOSPITALITY GROUP PICKS UP CAMPERDOWN’S LADY

Posted on March 21st, 2022 by Clyde Mooney
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.

BLACK RHINO CONQUERS COPPER TOWN

Posted on March 21st, 2022 by Clyde Mooney
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

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