The Canberra-based O’Donnell Group has sold two more of its collection, in Bungendore, outside of Canberra, and this week the Australian in Cooma, snapped up pre-auction. Late 2019 the O’Donnell family put to market Goulburn’s Empire Hotel, being part of a collection of six pub assets, some in collaboration with partners. The Empire re-stapled freehold […]
TAB Developments has put to market the leasehold operation of its revised London Hotel waterfront project, on the site of the former pub demolished in 2017. Despite significant local outcry and efforts by Council and the Port Melbourne Historical Society to preserve the original building, built 1851, the Victorian planning minister rejected an application for
The outback NSW pub made famous in David Bowie’s Let’s Dance video has been listed on Gumtree. Carinda is a town of less than 200 people, located 635 kilometres north-west of Sydney, at roughly the same latitude as Coffs Harbour. It counts a servo, gift shop, public school, police station, town hall and a pub.
Australian Venue Company has furthered its strategic expansion with the nine-digit acquisition of eight venues held by Melbourne trailblazers Sand Hill Road. Amid speculation, The Australian published a story in January suggesting KKR (Kohlberg Kravis Roberts), majority stakeholder of Australian Venue Company (AVC), was looking to purchase Sand Hill Road (SHR) businesses including acclaimed St
The Terminus Hotel lives on under new ownership, with a local investor taking the title to Marulan’s only watering hole. The Terminus is a classic corner pub in the heart of town, set on a 4,713sqm with ample parking. It offers a single-service bar, bistro featuring an open fireplace, gaming room, an enclosed balcony with
Windsor’s big, pink Fitzroy Hotel has been put to market as a freehold going concern, representing a strong trader with considerable upside potential in a Sydney growth corridor. Incumbent operators Michelle and Craig Thomson took on the lease in 2017, following outgoing newcomers Mesh Hotels. The Thomsons negotiated terms and subsequently repositioned the business to
Hotelier of the Year Matt Coorey has formed a partnership with the Malouf’s Royal Hotels for acquisition of the Shearer’s Arms Tavern south-west of Brisbane. The big-ticket sale is the second in a week in the region, following HPI’s deal to buy Monarch’s Acacia Ridge Hotel freehold for $20 million. Coorey is the reigning Queensland
Colin M. Parras is back on the ground, taking The Quarryman’s Hotel in Pyrmont from Arthur Laundy in the latest mid-market transaction. Laundy bought the Quarryman’s, located on the corner of Harris Street and Pyrmont Bridge Road, in 2011 for around $3.5 million – just weeks after divesting the Harlequin Hotel on the same block
The Willow Tree Hotel in the NSW Hunter region has hit the market, offering a well-presented local in one of the State’s booming regions. The two-storey Willow occupies a 1,556sqm site on the New England Highway (Kelly Street) through town, with rear access via Main Street. It offers patrons a public bar with TAB, the
The evolving De Angelis group has put up its very large-format Bligh Park Tavern site in south Windsor, offering a strong business and major development opportunity. The De Angelis family holds the titles to De Angelis Hotels & Investments (DHI), counting major operations at Burwood’s Bath Arms, Campbelltown’s Macarthur Tavern, and more recently the Raby
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