Real Estate

LAUNDY O’HARA CRUICKSHANK BUY BIG IN ALBURY

Posted on July 2nd, 2021 by Clyde Mooney
Continuing the interest in hot regional assets, the Laundy O’Hara Cruickshank consortium has bought Albury’s Springdale Heights Tavern for $22 million, representing a regional record. Established in 1988 on a huge 1.2-Ha corner site on arterial Kaitlers Rd in Lavington,

NEW MOELIS PUB FUND BUYS IN BENDIGO FOR $55m

Posted on July 2nd, 2021 by Clyde Mooney
Moelis Australia has announced acquisition of Bendigo’s All Seasons Resort Hotel for $54.5 million, expanding into regional Victoria with a property previously sold by Redcape. MA Financial Group (ASX:MAF) reports it has exchanged contracts on the purchase, set on a

BLACK RHINO BULLISH ON O’CONNELL ST

Posted on July 2nd, 2021 by Clyde Mooney
David Tomsic’s Black Rhino Group has gone again in Adelaide, picking up a vacant pub on O’Connell Street with plans for an overhaul and new eponymous moniker. The latest acquisition is amongst the bustling North Adelaide Village Shopping Centre, offering

NEWCOMERS TAKE MOONEY’S BYRON BAY PRIZE

Posted on June 30th, 2021 by Clyde Mooney
Long-time hotelier Tom Mooney is the latest to benefit from the appetite for Byron Bay, selling the Great Northern Hotel, which the family have owned and operated for nearly three decades. The commanding Great Northern stands on a 2000sqm corner

CHEF MATT MORAN BUYS ROCKLEY PUB

Posted on June 28th, 2021 by Clyde Mooney
Matt Moran, celebrity chef and partner to Solotel, has bought the historic Rockley Pub, bringing big plans for the town.  Rockley is a picturesque village 35 kilometres south of Bathurst, or 220 west of Sydney. Built 1872 by William Brownlow

JULIEN MOUSSI SCORES AT ROBERT BURNS HOTEL

Posted on June 28th, 2021 by Clyde Mooney
The iconic Robert Burns Hotel in Collingwood has been purchased by Julien Moussi’s up-and-coming Only Hospitality Group, heralding plans for a new era and new name. Julien Moussi is a former VFL footballer, who stopped playing for the Box Hill

McGUIRES BEGIN $16m GREENFIELD SOUTH OF BRISBANE

Posted on June 25th, 2021 by Clyde Mooney
Queensland-based McGuire Hotel Group has begun construction on a $16 million family-friendly tavern for the Yarrabilba community. Set to occupy a 4,000sqm site adjacent to a Coles shopping centre in the heart of the precinct The Terrace will encompass approximately

ALH ENTERING NEW ERA OF EXPANSION

Posted on June 23rd, 2021 by Clyde Mooney
On the eve of its debut on the ASX and uncoupling from Woolworths, ALH is looking to let loose the cheque book to secure further acquisitions and market share in accommodation. Billionaire major shareholder Bruce Mathieson has said “people will

COMMERCIAL SALE IN SUNSHINE CENTRAL

Posted on June 23rd, 2021 by Clyde Mooney
The Commercial Hotel in the regional Queensland town of Biloela is for sale as a re-stapled freehold going concern, as the publican looks to retirement. Known locally as the ‘Top Pub’, the Commercial occupies a 1,247sqm site in the heart

NORTHO HOTEL TO STARTER MARKET

Posted on June 23rd, 2021 by Clyde Mooney
The leasehold interest of the North Eastern Hotel in Benalla is for sale, as newcomers continue to look to pub operation for a lifestyle business tree change. Established in 1905, the North Eastern is an attractive single storey pub on