Real Estate

BIG PRICE FOR BEST LITTLE PUB

Posted on February 8th, 2021 by Clyde Mooney
An unnamed Sydney investment company has snapped up seaside local the Jacobs Well Bayside Tavern for $8.5 million as market conditions bring south-east Queensland hotels further into focus. Jacobs Well Tavern Bayside enjoys a 3,946sqm block adjacent to the Jacobs

NEW CLARENDON ON OFFER

Posted on February 5th, 2021 by Clyde Mooney
The all-welcoming Clarendon Tavern has been listed for sale, boasting a recent renovation and loyal locals amid further opportunities and an entry-level price tag. The Clarendon has become a hugely popular neighbourhood watering hole, providing all-comers a big public bar

TOURIST HITS THE OPEN HIGHWAY

Posted on February 3rd, 2021 by Clyde Mooney
The freehold going concern of the stately Tourist Hotel in Queanbeyan has come to market, as regional strongholds continue to see the greatest pandemic rebound. The Tourist is set on a large 1,928sqm block on main drag Monaro Street in

SILVERSTONE BOLSTERS ALLIANCE

Posted on February 1st, 2021 by Clyde Mooney
A local developer with a growing hotel portfolio has bought the Alliance Hotel in Spring Hill for an undisclosed sum, looking to further its place in the sector. The three-storey Hotel was built 1888, the design the work of well-known

ACTIVE AVC FLAGS FURTHER EXPANSION AND ENTICEMENTS

Posted on January 29th, 2021 by Clyde Mooney
Australian Venue Co. continues to pursue post-pandemic opportunities, taking a new venue in regional Victoria and fronting more specials to get patrons back into their pubs. Today AVC announced its purchase of the leasehold interest in the Criterion Hotel in

SMALL PUBS GET BIGGER AND BOLDER AT BVH

Posted on January 29th, 2021 by Clyde Mooney
Small Pubs has taken the next steps in its investment into Newtown, purchasing and adorning the freehold of Paddy Coughlan’s Botany View Hotel. Justin Small – previously one of the partners in Balmain Pub Group – took on a new

CATHOLIC CHURCH PONDERS STOCKY HOTEL’S FUTURE

Posted on January 25th, 2021 by Clyde Mooney
The landmark, recently closed Stock Exchange Hotel in Brisbane is languishing in uncertainty as its new owners – the Catholic Archdiocese of Brisbane – ponder what to do with their heritage pub. Built 1863, the Exchange is one of the

NELSON MEERS’ NEW PUB FOR AUBURN

Posted on January 22nd, 2021 by Clyde Mooney
The Nelson Meers Hotels group is preparing to open a brand-new pub in Auburn, as work commences on the heritage building that will be home to the Ambulance Station Hotel. NMH has operated the leasehold interest of the Village Tavern

BOUTIQUE PUB CO BOWS OUT

Posted on January 22nd, 2021 by Clyde Mooney
The last of the Boutique Pub Co has gone, with SV Partners appointed as liquidator for the failed operation and closed premises. Queensland publican Mic Uebergang oversaw Boutique Pub Co, operating The Florence Public House in Toowoomba, which made something

WINDFALL FOR ENGADINE TAVERN SALE

Posted on January 20th, 2021 by Clyde Mooney
Another big year predicted in pub real estate kicked off with news of White & Partners divesting suburban stalwart the Engadine Tavern to a local for $31 million, realising nearly 40 per cent in capital gains. A trust controlled by