Real Estate

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

HEDLEY GOES AGAIN WITH TOLGA HOTEL

Posted on March 24th, 2021 by Clyde Mooney
Pub industry stalwart Tom Hedley has picked up the heritage Tolga Hotel in the Atherton Tablelands in his continued expansion in northern Queensland. The two-storey Tolga Hotel is reminiscent of classic Queensland-style architecture, and the only pub and central to

MARLOW CAPTURES FRESH FIELDS WITH ROBIN HOOD

Posted on March 22nd, 2021 by Clyde Mooney
The paladin Robin Hood Hotel has sold to Jason Marlow for what is thought to be a record sale for regional pubs. The large-format Robin Hood is on a sprawling 32,700sqm block in the heart of Orange, and known for

RAILWAY DENI SALE OFFERS TREE CHANGE

Posted on March 19th, 2021 by Clyde Mooney
The Railway Hotel of Deniliquin is up for sale or lease as “motivated vendors” look to ease into well-earned retirement. Enjoying a spacious 1,214 sqm block on arterial Napier Street through Deniliquin, around 700 kilometres south-west of Sydney, the Railway

FIRST-CLASS FREEHOLD FOR SALE IN BICTON

Posted on March 19th, 2021 by Clyde Mooney
The freehold of AVC’s Leopold Hotel and adjoining First Choice liquor market is on offer, as blue-ribbon hotel investments continue to attract investors from in- and outside the industry. The 1907-built Leopold Hotel is located in the riverside suburb of

DUXTON SNAPS UP THREE MORE

Posted on March 17th, 2021 by Clyde Mooney
The newly-formed and ambitious Duxton Pubs investment fund has snapped up three more hotels in South Australia, on its way to become a national player. Mid-2020 news emerged hoteliers Ed Peter, Martin Palmer and Brett Matthews had teamed up to

AVC CONTINUE CAPEX PLANS, AT BMH

Posted on March 15th, 2021 by Clyde Mooney
Australian Venue Co continues its mission to revitalise historic pubs across Australia through a multi-million-dollar renovation of the historic Brighton Metro Hotel. Established in 1846, the 175-year-old pub Adelaide pub is a centrepiece of the Brighton community. Investing in its

AVC REVIVING DORMANT SARAH SANDS

Posted on March 12th, 2021 by Clyde Mooney
Australian Venue Co is breathing new life into the darkened landmark Brunswick pub, the Sarah Sands Hotel, slated to re-open in May. Built 1854, the Sarah Sands Hotel is an institution of Melbourne. In recent years it traded as the

LEWIS LISTS JOE’S WATERHOLE

Posted on March 8th, 2021 by Clyde Mooney
South-east Queensland cornerstone Joe’s Waterhole in Eumundi has hit the market running, with sale expectations of $5.5 million. Built in the 1890s and originally named the Commercial Hotel, in 1924 a fire swept through town and the pub was rebuilt