Sustaining the flow of northern rivers pub sales, the Dougherty family have divested their Grafton Hotel to Riverina hotelier Jim Knox. The Doughertys have been staples of the region and community for decades, well-known for owning and operating both Westlawn Insurance and Westlawn Finance for the past 50 years. For 41 years they have also […]
The iconic ‘Pub With No Beer’ – aka Lee’s Hotel – is being sold as a freehold going concern for the first time in 50 years. The pub immortalised in legendary country singer Slim Dusty’s song is in the town of Ingham, between Townsville and Cairns. It was established in 1845 as the Day Dawn
Merivale has announced expansion in northern NSW with acquisition of the former Cheeky Monkey’s bar, and the adjoining massage spa. The 827 sqm site at 115 Johnson St, Byron Bay, has traded in recent years as Cheeky Monkey’s under Red Rock Leisure, pitched largely to the thousands of young travellers passing through the town throughout the
The highly-awarded Comiskey Group is testing the waters, listing its Beachmere Hotel, north of Brisbane. Stemming from a construction background, the Comiskeys built the Beachmere back in 2009, with an adjoining shopping centre. The properties enjoy a captive market of over 4,500 proximate residents, and it’s the only pub. The Hotel offers patrons a relaxed,
The acquisitive Hotel Property Investments has secured six more freeholds leased to Australian Venue Co in continued positivity for the market. The ASX-listed Hotel Property Investments (ASX:HPI) revealed it paid $32.7 million for the six hotel properties, all located in Queensland. Australian Venue Co (AVC) will be granted a new 20-year lease at each, representing
The big Tattersalls Hotel in Casino is up for grabs, bringing with it the dozen EGM entitlements from the nearby Oxford Hotel. The Tattersalls is a large-format, two-storey brick structure in the heart of town, on a 1,944sqm lot that counts over 50 car parking spaces. Inside it features a public bar, commercial kitchen and
CASINO TATTERSALLS AND GAMING PLAY TO TEST MARKET Read More »
Chris Cornforth and Fraser Haughton’s unlisted pub fund Harvest Hotels continues to expand its regional footprint, through acquisition of the Milestone Hotel in Dubbo from the Blair family. Built 1881 on a corner site in the heart of the Dubbo CBD, the classic heritage-listed Hotel is a welcoming local, offering public bar, bistro, gaming facilities
David Tomsic’s Black Rhino Group has gone again in South Australia, picking up the full-of-potential Portside Tavern in Port Pirie for $3.6 million. The Portside Tavern is a large, two-storey stone structure with a mostly enclosed balcony facing two streets, on its large 1,216sqm corner lot. Extensively upgraded a few years ago, downstairs it offers
Justin Hemmes’ empire has announced another $62 million in acquisitions, expanding in Sydney’s inner west with Norton’s Irish Pub and the Lorne Hotel, south of Melbourne. Mere metres from Lorne’s main beach, the Lorne is the end destination for the famed ‘Pier to Pub’ swim. It features a public bar and extensive beer garden, bistro
MERIVALE $60m DOUBLE-TAKE, INTO LEICHHARDT AND LORNE Read More »
The growing syndicate of Martin Short, Sean O’Hara, Jamie Malouf and Co. has acquired the large-format and highly acclaimed Moonee Beach Tavern in Coffs Harbour from Harry Barry. The Tavern is a very large-format family-oriented local, on a huge 1.17-Ha site set back from the beach, off the Pacific Highway, exposed to local and passing
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