The Cooee Hotel in St Georges Basin on the NSW south coast has been listed for sale as its passive owners make another exit. Brisbane-based hotelier Michael Lucas and long-term business partner David Kennewell acquired the freehold of the pub in early 2019, with around seven months left on a lease to an operator. Kennerwell […]
Australian Venue Co continues its lavish Investment into south-east Queensland, with more acquisitions and two more of two dozen planned renovations underway. The corporate allegiance between Australian Venue Co (AVC) and ASX-listed HPI is representative of the State’s consolidated place in the national marketplace. This week the pair have finalised settlement on two pubs in
Dubbo stalwart the Buncha Hotel is being sold as a passive freehold with opportunity to take over later in the year. Otherwise known as the Railway Junction Hotel, the pub enjoys a generous lot on arterial Fitzroy Street, adjacent to the train station, in the growing NSW town of Dubbo. It comprises public bar with
Continuing the spate of city fringe assets coming to market, Redfern’s Woolpack Hotel has been listed for sale as its owners look to an exit from pubs. The three-storey hotel, in the Federation Free Style architectural mode, provides a well-rounded business with public bar and street seating, regular live music, gaming with 13 machines, midnight
Ashton Waugh has placed a strategic bet on Sydney’s transforming Kings Cross with purchase of the re-stapled freehold going concern of the New Hampton Hotel. Leaseholder Kieran Coleman listed the business interest in the Hotel last October. Located on Bayswater Road, near the famous Coke sign and Kings Cross train station, the New Hampton is
Serial hospitality entrepreneur Michael Vale is one step closer to opening his ground-breaking Urban House of Brews, after securing agreements with the five craft brewers to reside in the Newtown venue. Following news in March that the old Hub Theatre was to be the site of the innovative new concept, a selection of Australian craft brewers
The star-studded on-market sale of the Hotel Hollywood has found local operator Parlour Group outbidding big names and interest from Hollywood itself to take the show for around $10 million. Located in the heart of Sydney’s Surry Hills, the four-storey venue was built circa 1942. It still sports traditional mustard tiles at street level, a
The historic Phillip’s Foote pub in The Rocks was sadly one of the more than 150 NSW companies that failed in May, potentially heralding the start of the fall of the zombies. In the aftermath of the pandemic and since government support began winding back in March, the number of businesses folding has increased. Most
One of the southern Riverina region’s favourite locals has been listed for sale-and-lease-back by the owner-operators, to facilitate their expansion. The Farmers Arms is in the NSW town of Tocumwal, on the Murray River, around 260 kilometres from Melbourne. Set on a 1,158sqm site strategically positioned between Tocumwal’s main shopping strip, golf course and bowling
Solotel has sold the leasehold operation of its Little Big House in Brisbane to a new local hospitality group. New owners the Little Big House Project is fronted by managing director Brett Fitzpatrick, who previously owned Fitz+Potts in Nundah. He tips they will be thinking local, including showcasing producers and brewers. “We’ve worked closely with
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