Real Estate

WAUGH WINS BATTLE FOR WATERLOO

Posted on August 30th, 2021 by Clyde Mooney
Ashton Waugh has topped a list of bidders competing for Waterloo’s Grosvenor, taking the city-fringe pub for circa $8.5 million. Having purchased it from Riversdale in 2010, former CCA executive Denis Hickey and business partner Warwick Negus sold it for

HUNT GOES LOCAL AT THE IMPERIAL

Posted on August 27th, 2021 by Clyde Mooney
Hunt Hospitality has a little more Hunter with acquisition of the Imperial Hotel at Maitland, in time for a local get-together. Built 1851, a block from the Hunter River, the Imperial Hotel was established back when goods were still delivered

ENDEAVOUR RELEASES FIRST FINANCIALS

Posted on August 27th, 2021 by Clyde Mooney
Australia’s largest drinks and hospitality business, the recently listed Endeavour Group (ASX:EDV), has announced its first end of financial year results, finding a less than positive reaction. After splitting from parent company Woolworths (ASX:WOW) in June, Endeavour hit the open

NED KELLY TAKES CASINO

Posted on August 25th, 2021 by Clyde Mooney
Ned Kelly has grown his posse of regional hotels with acquisition of the freehold going concern of the Tattersalls Hotel in Casino. Local publican Craig Lusby bought the pub in 2011, and after nearly a decade and eyeing retirement he

LEICHHARDT HOTEL – FIRST TIME OFFERED IN 54 YEARS

Posted on August 25th, 2021 by Clyde Mooney
The Tellford family are offering up their long-held Leichhardt Hotel Motel in regional hub Cloncurry. The town of Cloncurry is considered one of the icons of outback Queensland, and the Leichhardt Hotel Motel holds a generous 6,583sqm site in the

VAX HUB ARMATREE HOTEL MEETING MARKET

Posted on August 23rd, 2021 by Clyde Mooney
The acclaimed Armatree Hotel is back on the market amid surging migration, while making news as the state’s first vaccination hub in a pub. Built in 1929 on a huge lot of around 10,000sqm, the Hotel is home to a

ROCHE FAMILY CATCHES THUNDER IN NEW ENGLAND

Posted on August 20th, 2021 by Clyde Mooney
The acquisitive Roche Group has struck again, taking Uralla’s Thunderbolt Inn from the Moore family. Established 1909, the Thunderbolt – aka The Bottom Pub – is a stately, two-storey Federation structure with ornate lacework adorning verandas on two street fronts.

CESSNOCK GRANDEUR UP FOR GRABS

Posted on August 20th, 2021 by Clyde Mooney
Another strong regional pub is up for grabs in the Grand Neath Hotel of Cessnock, as ongoing residential migration moves the goal posts on hospitality opportunity.  Set on a generous 1,227sqm site on a prominent corner of Cessnock Road, the

YOUNG PUTS UP A FRIEND

Posted on August 18th, 2021 by Clyde Mooney
Wallaby hotelier Bill Young has listed his twice-loved Friend in Hand of Glebe, to focus on the family’s growing stable of large-format pubs. Built 1858, the two-storey Friend is a vestige of Glebe’s blue collar past. It is close to

REDCAPE FULL YEAR RESULTS AND EXIT FROM ASX

Posted on August 18th, 2021 by Clyde Mooney
Redcape has announced its full-year financial results, along with proposal it delists its dissatisfying shares from the ASX. Today Redcape Hotel Group Management, as the responsible entity of the Redcape Hotel Group (ASX:RDC), announced financial results for year ending 30