Real Estate

AVC PICKS UP A BIMBO

Posted on April 9th, 2021 by Clyde Mooney
Australian Venue Co has continued its rebound strategy, taking Fitzroy institution Bimbo from Colonial Leisure. The ‘Bimbo’ of Melbourne has been serving its famous low-cost pizzas and providing late-night entertainment courtesy of its 3am licence to an eclectic mix of

FORBES SYDNEY BACK TO LIFE AND TO MARKET

Posted on April 9th, 2021 by Clyde Mooney
The stately Forbes Hotel in the heart of Sydney is coming back to life and offering a new long-term lease. Set on a 149sqm block on the corner of King and York Streets in the Sydney CBD, where a pub

HAWKESBURY HERO LIONHEART LUKE PARTS WITH CLARENDON

Posted on April 7th, 2021 by Clyde Mooney
Luke ‘Lionheart’ Ainscough has sold his regional landmark in Sydney’s burgeoning northwest to the up-and-coming Endeavour, as the region dries out from subsiding floodwaters. The Clarendon resides on a 1,959sqm lot on Hawkesbury Valley Way – the main arterial road

BELLEVUE IN NEW HANDS AGAIN

Posted on March 31st, 2021 by Clyde Mooney
The Calligeros clan has taken ownership from the Maloufs of Paddington’s much-loved and much-owned landmark, the Bellevue Hotel. The two-storey Bellevue has stood on the corner of Hargrave Street and Windsor Lane since 1880. Industry faithful Steven Speed and partner

JDA TAKES MOUNTBATTEN

Posted on March 31st, 2021 by Clyde Mooney
The Feros’ JDA Hotels has secured the leasehold interest of the coveted Mountbatten Hotel in Haymarket for $7.5 million. The Mountbatten is one of the true ‘locals’ of Sydney’s major boulevard, George Street, with an office workers’ happy hour from

LAUNDY TINDALL SHORT SEE WISDOM IN EVANS HEAD

Posted on March 29th, 2021 by Clyde Mooney
A Laundy-Tindall-Short partnership has furthered their NSW north coast footprint with acquisition of the re-stapled Illawong Hotel of Evans Head. Nick Tindall and wife Justine (nee Laundy), daughter to the pub king, had been actively eyeing traditional pub offerings outside

GALLAGHER BIDS FAREWELL TO THE UNION

Posted on March 29th, 2021 by Clyde Mooney
Hot on the heels of his partnership sale of Ryde’s Royal Hotel, Patrick Gallagher has passed the title of his home base Union Hotel in North Sydney to John Azar and the Good Beer Co.  Located on a 784sqm lot

MERIVALE MOVES SOUTH ONTO QUARTERDECK

Posted on March 26th, 2021 by Clyde Mooney
Justin Hemmes’ Merivale has acquired its first venue outside Sydney – the Quarterdeck, in “second home” Narooma. Perched on the shores of Forsters Bay, The Quarterdeck is an institution of the Eurobodalla community, as seen in its foreshore having been

OSCARS TAKE BEACHIE FROM KINGSTON

Posted on March 26th, 2021 by Clyde Mooney
Former Rothschild MD turned hotelier David Kingston has sold his rejuvenated Beachcomber Hotel in Toukley to the Gravanis brothers’ Oscars Hotels for a reported $20 million. The local institution ‘Beachie’ enjoys a generous 1.1-Ha (11,000sqm) site between two lakes and

YOUNG CATCHES GALLAGHER’S ROYAL RYDE

Posted on March 24th, 2021 by Clyde Mooney
Industry doyen Patrick Gallagher has divested his Royal Hotel in Ryde to former Wallaby and growing Sydney hotelier Bill Young. Located on a prominent corner of arterial Blaxland Road, opposite the redeveloped Top Ryde shopping centre, the Royal counts a