Real Estate

ENDEAVOUR POSTS STRONG RESULTS DESPITE LAGGING PUBS PORTFOLIO

Posted on February 25th, 2022 by Clyde Mooney
Australia’s largest publican, the ASX-listed Endeavour Group, aka ALH, reported mixed financial results this week, prompting a share price surge. Representing the milestone of its first full financial reporting period since listing, Endeavour (ASX:EDV) has both benefitted and suffered at

LAZARUS PUTS UP NEWCASTLE BEACH LANDMARK

Posted on February 23rd, 2022 by Clyde Mooney
Wielding an approved DA, Andrew Lazarus is offering up the renovation-ready Beach Hotel on Merewether Beach, in Newcastle. The large-format Hotel resides on a picture perfect 1850sqm site with panoramic views of Merewether Beach – the home to Australia’s largest

CROSBY & WARREN PUT UP LAKE MACQUARIE TAVERN

Posted on February 21st, 2022 by Clyde Mooney
The large-format Lake Macquarie Tavern in the suburbs of Lake Macquarie is being sold by industry accounting gurus Bob Warren and Paul Crosby. Set on a big 9,000sqm lot, the Tavern was refurbished in 2015, aiming for a family-friendly destination,

YANGAN LOCALS ON QUEST TO BUY LOCAL

Posted on February 21st, 2022 by Clyde Mooney
Facing the demise of their beloved watering hole, a posse of determined residents are making the bold move to purchase it themselves. Yangan is a small community of less than four-hundred people, 160 kilometres south-west of Brisbane. The Yangan Hotel

READY TO EXPAND COMMONWEALTH ON OFFER

Posted on February 18th, 2022 by Clyde Mooney
The stoic Commonwealth Hotel and opportunity are for sale, in Newcastle’s booming suburb of Cooks Hill. Affectionately known as “The Commy” the pub is situated in the popular Cooks Hill entertainment precinct of East Newcastle, just a block off major

ELEPHANT BRIDGE CROSSES INTO NEW MANN HANDS

Posted on February 18th, 2022 by Clyde Mooney
One of Victoria’s oldest inns, the stately Elephant Bridge Hotel, has sold to a prominent farming family, who bring plans to reinvigorate the recently restored pub into the community. This historic two-storey bluestone establishment is described as “one of regional

DUCK INN BACK IN OPEN WATERS

Posted on February 16th, 2022 by Clyde Mooney
The Sydney city-fringe Duck inn of Chippendale is for sale as a blank canvas, with gastro reputation, in an area renowned for dining options. An attractive wedge-shaped two storey building on a 392sqm corner of Rose Street and Cleveland Lane,

JACK DUGGAN UP FOR GRABS

Posted on February 14th, 2022 by Clyde Mooney
The rambunctious Jack Duggan’s Irish Pub is on the market, offering a prime opportunity in Australia’s oldest inland city. A pub has been trading at the site, in the Central Bathurst CBD, since 1849, originally named the Daniel O'Connell Inn.

REGIONAL CENTRES ON FIRE AS HOT MARKET EYES THE BUSH

Posted on February 11th, 2022 by Clyde Mooney
Investors and hoteliers are pushing top-dollar prices for strong assets in regional hot-spots, as hungry capital eyes the booming Australian hotel market. The freehold has been sold of the Grand Hotel in Armidale – a major locality in the New