Real Estate

PHILLIPS FOOTE FALLS, AS INSOLVENCIES GROW

Posted on June 2nd, 2021 by Clyde Mooney
The historic Phillip’s Foote pub in The Rocks was sadly one of the more than 150 NSW companies that failed in May, potentially heralding the start of the fall of the zombies. In the aftermath of the pandemic and since

STEWARTS REAPING REWARDS IN FARMERS ARMS SALE

Posted on June 2nd, 2021 by Clyde Mooney
One of the southern Riverina region’s favourite locals has been listed for sale-and-lease-back by the owner-operators, to facilitate their expansion. The Farmers Arms is in the NSW town of Tocumwal, on the Murray River, around 260 kilometres from Melbourne. Set

SOLOTEL SELLS LITTLE BIG HOUSE TO LOCAL PROJECT

Posted on May 31st, 2021 by Clyde Mooney
Solotel has sold the leasehold operation of its Little Big House in Brisbane to a new local hospitality group. New owners the Little Big House Project is fronted by managing director Brett Fitzpatrick, who previously owned Fitz+Potts in Nundah. He

KNOX DIPS INTO NORTHERN RIVERS

Posted on May 28th, 2021 by Clyde Mooney
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

FAMOUS PUB WITH NO BEER FOR SALE

Posted on May 28th, 2021 by Clyde Mooney
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

MERIVALE MOVES ON BYRON’S CHEEKY MONKEYS

Posted on May 26th, 2021 by Clyde Mooney
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

COMISKEY LISTS BEACHMERE AMID BIG PLANS

Posted on May 26th, 2021 by Clyde Mooney
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

HPI TAKE SIX MORE WITH AVC

Posted on May 26th, 2021 by Clyde Mooney
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

CASINO TATTERSALLS AND GAMING PLAY TO TEST MARKET

Posted on May 21st, 2021 by Clyde Mooney
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

A MILESTONE FOR HARVEST IN DUBBO

Posted on May 21st, 2021 by Clyde Mooney
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