Luke Ainscough has expanded his Windsor region collection, taking the re-stapled freehold going concern of the well-known Fitzroy Hotel. The Fitzroy was established around 1852 on a generous 1,319sqm site in the heart of Windsor’s retail and commercial zone. The two-storey pub holds a 3am licence and diverse trading, with 16 EGMs, reporting total annual […]
The Brighton Hotel in Mandurah has kick-started real estate transactions again in Western Australia, selling to a local syndicate and operators as the State’s pubs reopen this week. Mandurah is WA’s largest regional city, found around 70 kilometres south of Perth, with significant population growth expected to continue amid large-scale residential subdivision and development. ALH
Inner west legend Ray Reilly has done a deal to divest his ‘ray of sunshine’ The Henson, passing his beloved baton to long-time cohort Ged Dore as part of a new partnership. The pub, previously known as the Henson Park Hotel, is a classic two-storey red brick working man’s pub established in the 1860s. Circa
Publican Kim Maloney OAM has listed two freehold assets in Sydney’s CBD, behind and above his St James Hotel, with sources suggesting market expectations circa $60 million. The long-time publican and son of industry legend Cyril Maloney bought the freehold properties in 2006. The St James Hotel is a tenancy occupying the lower three levels
The heartbreaking saga of the restoration of Sorrento’s magnificent Continental Hotel has reached another milestone, with prominent Melbourne developer Trenerry Property Group ready to settle on the latest deal. Bought years ago by Melbourne hotelier Julian Gerner, the four-storey limestone monolith overlooking Port Phillip Bay was built 1875 and is truly an icon of the
While venues across the country languish under the weight of a pandemic, Arthur Laundy is busy building for a new era, announcing major plans for the reinvented former Log Cabin Hotel in Penrith. The revival of one of Penrith’s best-loved landmarks, which was destroyed in a fire in 2012, is a collaborative project between Laundy
The Gunns have announced the listing of their large-format Tavern of Crescent Head, offering a strong business and opportunity ready to capitalise on the reopening honeymoon. Darren and Hanh Gunn bought the business in 2011, bringing along their two-year-old son as they built trade in the only pub in town, with Hanh using her Vietnamese
Amid an historically quiet time in the pub game, Deborah Lang and David Kelly have taken the plunge with acquisition of the Crookwell Hotel in the NSW southern tablelands. The Victorian two-storey pub was built 1884 on a 2,183sqm corner site. Inside provides single-service bar, commercial kitchen and bistro with seating for around 100, gaming
The nine-digit deal for KKR’s Australian Venue Company to buy the Sand Hill Road portfolio has been put on hold as both groups share in the national pain of pub closures. News emerged early March of the agreement, understood to be north of $100 million, for AVC to take control of eight of Melbourne’s finest
As the hospitality industry reels from what is hoped to be a temporary downturn, news has emerged pub industry patriarch Arthur Laundy is building no less than three new pubs. A deal was recently secured to purchase the site of the former Log Cabin Hotel, overlooking the Nepean River at Penrith. The pub was ravaged
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