Top10 Queensland gaming pub the Acacia Ridge Hotel is back on the market, boasting a new multi-million-dollar renovation and buckets of upside. The very large format Acacia Ridge (ARH) occupies a sprawling 18,450sqm block on busy Beaudesert Road in Brisbane’s south-west, and its 45 EGMs consistently rank it in the top echelon of the State’s […]
Industry up-and-comer Adam Drabarek is living the Australian dream of owning his own pub, having recently secured title to his thriving Imperial Hotel operation in Coonabarabran. After a couple of years renovating houses on the central coast, living in successive building sites as they built capital, Adam and wife Tegan began looking for candidates for
After three and a half decades at the elegant Camelia Grove, industry stalwart Adella Wright Young is ‘calling time’ on the industry and divesting her picturesque Alexandria pub. The Camelia Grove Hotel stands resolutely at the corner of Henderson Road and Alexander Street in inner west haven Alexandria, close to Australia Technology Park, with around
Former top gamer the Vegas Hotel has sold in in-transition Kings Cross for circa $25 million, as the precinct continues to evolve from high-life to high-end living. The Vegas is one of the stalwarts of the previously notorious party precinct, boasting a 24-hour licence and once thriving gaming operation of 30 machines and only three-hour
MPK Hotels has significantly expanded its portfolio with the well-timed acquisitions of both the Royal Hotel in Orange and Federal Hotel in Mudgee. A quintessentially Australian pub, the striking Royal Hotel stands like an advertisement for Art Deco on Lords Place, just off main drag Summer Street through Orange. The multi-level structure offers at street
Singo’s Riversdale Pub Fund has signalled an end to its Sydney portfolio with the listing of the iconic Unity Hall Hotel in Balmain. The Fund was founded in 2010 by John Singleton, Mark Carnegie and Geoff Dixon, and at one stage counted ten hotels in its stable. Around two years’ ago the high-flying investors began
For the first time in 34 years, Goulburn’s handsome Southern Railway Hotel is on the market, offering a diverse business in one of the State’s thriving communities. Jude Bourne bought the title to the pub in 1985, and following the expiration of the lease took over operations himself in 2003. Around 200 kilometres south-west of
Goulburn’s Empire Hotel is a freehold going concern again, with a new publican buying the re-stapled freehold and operation. In August private owners of the title joined with long-time operator Allan Deeth to send the pub to market. The Empire resides in Goulburn’s main retail and commercial area, offering a compact public bar, accommodation, TAB
The windswept Airlie Beach Hotel is back down to earth and safely in new hands, after overcoming the ravages of Cyclone Debbie. Built 1968 on an 8,819sqm block just metres from the destination Whitsundays tourist beach, the Airlie Beach Hotel (ABH) was operated by the O’Neill family since 1982. In early 2017 the family determined
Hitting the market this week is the Crookwell Hotel outside of Goulburn, coming with textbook upside atop a strong mixed revenue business. Crookwell is a town in the NSW southern tablelands, north-west of Goulburn, around 200 kilometres inland of Wollongong. Settled in the 1820s, it was originally known as Kiama. The community of roughly 2,700
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