The stately Criterion Hotel in Singleton has sold for around $3 million as strong regional assets continue to attract the attentions of opportunity-starved operators further afield. The pub offers bar, bistro, large outdoor beer garden, gaming room with 14 EGMs and a separate building for events, under a 3am licence. The first half of FY2020 […]
A Grand Hotel in the heart of bustling Clermont has come to market, presenting opportunity for the gamut of buyer types. Clermont is a rural hub, around 290 kilometres south-west of Mackay, and central to the industrious Isaac region, with large-scale mining, manufacturing and construction sectors. Situated on a large 2,753sqm rectangular corner lot on
Hot on the heels of another big acquisition, the Gravanis brothers’ Oscars Hotels is divesting famed comedy house and inner west secret the Harold Park Hotel. What was once the Little Bridge Hotel in 1903 was destroyed by fire in 1959, before eventually being reborn as a two-storey modern brick structure directly across from the
The big Sportsman’s Arms in downtown Deniliquin is being sold as a freehold vacant possession, currently operated under management, in the heart of the Riverina. Deniliquin – aka “Deni” – is a pastoral region producing beef, wool, lamb and assorted crops, around 700 kilometres south-west of Sydney, almost due west of Canberra. The local population
Kelly & Co is back on the horse, taking the reins to the “best pub” Royal Hotel-Motel in Scone, Australia’s preeminent equine arena. Rodney ‘Ned’ Kelly began his career as a publican in 1997 at the Belmore Hotel, established 1866 on his namesake Kelly Street in Scone. Back then he would look across and down
One of largest and most successful family-owned hotel groups in South Australia has finalised a succession plan it says will “strengthen the future of its hotels for the next generations”. Matthews Hospitality was established during World War II by Seymour and Doris “Dossie” Matthews, starting with a lease on the Bayview Hotel in Whyalla. Since
The large format North Nowra Tavern has been sold by Mark Duggan and the O’Donnell family to Damian Kelly’s Pub Invest. The ‘Tav’ is a landmark of the NSW coastal town, enjoying an exclusive catchment of 6,000 local residents, and diverse trade in the public bar and gaming room with 25 EGMs, under a 1:30am
The Tattersalls Hotel and Commercial Centre in Penrith’s CBD has sold to the Gravanis brothers’ Oscars Hotels subsidiary BMG Developments. The Tatts is part of a 6,400sqm commercial building containing a mix of retail and commercial tenancies and 100 car spaces, previously operated by Australian Leisure and Pelathon and more recently Michael Broome’s Western Pub
The heritage-listed Lion Hotel in North Adelaide has sold for the first time in a generation, picked up as part of ongoing plans by the newly-formed Duxton Pubs Group. Outgoing owners Tim Gregg and Andrew Svencis bought the pub in 1996, and have gathered a trove of awards for the venue’s food and broader offering.
Hotel veteran Ashton Waugh has expanded his cache of regional stalwarts with the purchase of Joe Maguire’s Tavern in Tamworth. The pub occupies a big 3,500sqm lot on main road Peel Street, incorporating a large bistro and commercial kitchen, beer garden, gaming with seven EGMs, a large function space and 10 pub-style accommodation rooms. Joe
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