Real Estate

SYNDICATE TAKES NEWCASTLE’S OLD GRAND

Posted on July 30th, 2021 by Clyde Mooney
The handsome Grand Hotel of Newcastle East has been sold, bringing an exit by Mike Angus and re-entry by some former hoteliers. Grand Hotel, Newcastle. Images: website The Grand is one of just three pubs in Newcastle East, built 1891,

ZAGAMES DIVEST FOUR PUBS FOR $99M

Posted on July 28th, 2021 by Clyde Mooney
A growing Melbourne group has scooped four pubs from the highly awarded Zagame family for $99 million, in demonstration of the strength of the Victorian market despite lockdowns. The institutional Zagame Group has sold lease interests in its self-branded venues

DRY DOCK HITS BUOYANT MARKET

Posted on July 28th, 2021 by Clyde Mooney
Continuing the city fringe frenzy, the Dry Dock Hotel in Balmain has been listed for sale. Claiming a title of Balmain’s oldest licensed hotel, built 1857, the Dry Dock is adjacent to the Balmain Ferry terminal and Mort Bray Park,

GURRS PASS THE WHITEBULL REINS TO KNOX’

Posted on July 26th, 2021 by Clyde Mooney
The stalwart Gurr family of Armidale have sold their local institution, the Whitebull Hotel, to the family operation of hotelier Jim Knox. Located in the heart of Armidale’s retail precinct, the Whitebull Hotel is a prize of the New England

IRIS’ BOURBON EMPIRE APPROVED

Posted on July 23rd, 2021 by Clyde Mooney
More than six years after purchasing the iconic The Bourbon in Kings Cross, Iris Group has secured approval on its $65 million redevelopment of the landmark site. Ten months after submitting the latest proposal, Iris found unanimous approval through the

GROSVENOR HOTEL WATERLOO BACK TO MARKET

Posted on July 23rd, 2021 by Clyde Mooney
Waterloo landmark the Grosvenor Hotel has come to market, continuing the steady procession of Sydney city fringe sales. Located on the corner of Phillip and Morehead streets, just two blocks from home of the Rabbitohs, Redfern Oval, the Grosvenor sports

AVC HEED THE CALL FOR THE TELEGRAPH

Posted on July 23rd, 2021 by Clyde Mooney
Australian Venue Co (AVC) has jumped the Strait, taking its first pub in Tasmania in Hobart’s historic Telegraph Hotel. Built 1858 as the Electric Telegraph Hotel, on a prime waterfront site, the shortened name was adopted in 1877. It has

TILLEY & WILLS LATEST INN, ON RICHMOND

Posted on July 21st, 2021 by Clyde Mooney
The growing partnership of Simon Tilley and Nick Wills is the latest to get a foothold in Sydney’s burgeoning north-west growth corridor, buying the Richmond Inn Hotel. Set on a 3,007sqm corner site, the large-format suburban hotel is located in

COLOSIMOS SEEING DOUBLE IN ORAN PARK

Posted on July 21st, 2021 by Clyde Mooney
The Colosimo’s Momento Hotels has backed up plans for its new $38 million Oran Park Hotel with plans for a second greenfield pub, the Oran Park Tavern. Sixty kilometres south-west of the Sydney CBD, Oran Park has been one of

COOMERA LODGE HOTEL SET FOR AVC MAKEOVER

Posted on July 21st, 2021 by Clyde Mooney
Australian Venue Co continues its Queensland capex campaign, announcing a major $3 million renovation on Gold Coast stalwart, the Coomera Lodge Hotel. Taken on as part of the Spirit Hotels portfolio, the Coomera Lodge Hotel is a Sunshine State veteran,