Continuing the interest in hot regional assets, the Laundy O’Hara Cruickshank consortium has bought Albury’s Springdale Heights Tavern for $22 million, representing a regional record. Established in 1988 on a huge 1.2-Ha corner site on arterial Kaitlers Rd in Lavington, in the north of Albury, the very family-friendly pub boasts a huge air-conditioned kids’ play […]
Moelis Australia has announced acquisition of Bendigo’s All Seasons Resort Hotel for $54.5 million, expanding into regional Victoria with a property previously sold by Redcape. MA Financial Group (ASX:MAF) reports it has exchanged contracts on the purchase, set on a massive 3.56-Ha lot on the McIvor Highway, around 150 kilometres north of the Melbourne CBD.
David Tomsic’s Black Rhino Group has gone again in Adelaide, picking up a vacant pub on O’Connell Street with plans for an overhaul and new eponymous moniker. The latest acquisition is amongst the bustling North Adelaide Village Shopping Centre, offering a 50-year lease on a vacant premise, with 32 gaming entitlements. Exchanging contracts this week,
Long-time hotelier Tom Mooney is the latest to benefit from the appetite for Byron Bay, selling the Great Northern Hotel, which the family have owned and operated for nearly three decades. The commanding Great Northern stands on a 2000sqm corner site on main drag Jonson Street, just two blocks south of the famous Beach Hotel,
Matt Moran, celebrity chef and partner to Solotel, has bought the historic Rockley Pub, bringing big plans for the town. Rockley is a picturesque village 35 kilometres south of Bathurst, or 220 west of Sydney. Built 1872 by William Brownlow it traded for many years as the Club House Hotel, but is known to all
The iconic Robert Burns Hotel in Collingwood has been purchased by Julien Moussi’s up-and-coming Only Hospitality Group, heralding plans for a new era and new name. Julien Moussi is a former VFL footballer, who stopped playing for the Box Hill Hawks in 2009 after injuring his ACL. He began a sideline of coffee carts at
Queensland-based McGuire Hotel Group has begun construction on a $16 million family-friendly tavern for the Yarrabilba community. Set to occupy a 4,000sqm site adjacent to a Coles shopping centre in the heart of the precinct The Terrace will encompass approximately 2,000 square metres of floor space. It will offer dining spaces, family areas, a kids’
McGUIRES BEGIN $16m GREENFIELD SOUTH OF BRISBANE Read More »
On the eve of its debut on the ASX and uncoupling from Woolworths, ALH is looking to let loose the cheque book to secure further acquisitions and market share in accommodation. Billionaire major shareholder Bruce Mathieson has said “people will be surprised” by the kind of properties ALH is looking to buy in its aggressive
The Commercial Hotel in the regional Queensland town of Biloela is for sale as a re-stapled freehold going concern, as the publican looks to retirement. Known locally as the ‘Top Pub’, the Commercial occupies a 1,247sqm site in the heart of town, offering public bar with TAB, sports bar and beer garden, 80-seat bistro, gaming
The leasehold interest of the North Eastern Hotel in Benalla is for sale, as newcomers continue to look to pub operation for a lifestyle business tree change. Established in 1905, the North Eastern is an attractive single storey pub on a large corner lot at 1 Nunn St, also called the Midland Highway, through the
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