REDCAPE BOLSTERS COASTAL PORTFOLIO WITH CAVES BEACH

Redcape Hotel Group has gone coastal, acquiring Caves Coastal Bar & Bungalows in Lake Macquarie from the Gravanis brothers’ Oscars Hotels. Caves Beach Hotel resides on nearly a full hectare of unobstructed oceanfront in the popular and growing seaside precinct,

RSL RAMS HOME SALE TO HEMMES

RSL NSW has completed its $19 million “flash sale” of former sub-branch headquarters The Barracks to hospitality juggernaut Merivale – ahead of schedule – after a special resolution and new members’ voting rights nullified. The Barracks, at 5-7 Barrack St,

BILL YOUNG PLAYS TO EPPING GROWTH

Northern Sydney icon the Epping Hotel has been acquired by Wallaby-turned-leading hotelier Bill Young, looking to capitalise on its connectivity and potential in a growth corridor. The large-format pub is a landmark of the area, built in 1928. It holds

WALKERS STEP INTO NORTH SYDNEY LEGACY

North Shore landmark the North Sydney Hotel, aka Percy’s, has been sold by long-time owners the Davis’ to Kent Walker’s Lesday as the precinct approaches re-entry into the rugby league rodeo. Situated on upper Miller Street, across from North Sydney

TWO TOWNSVILLE SALES AND AN EXIT FOR REDCAPE

Redcape has further tweaked the portfolio, divesting two pubs in Townsville to the Queensland-based Falvey family as its rolls capital into upgrades and acquisitions where it sees its opportunity. The MA Financial hospitality fund has parted with the Hermit Park

AVC TAKES TWO IN THE SUNSHINE

Australian Venue Co has further consolidated its outlook in the Sunshine State, acquiring two prominent licensed venues from the same private operator. Both considered local landmarks, AVC is taking over operations at Bartlett’s Tavern in Rockhampton and the Black Nugget

RYANS SECURE MALOUF ROYALTY

Industry stalwarts the Ryan family have tempted the Malouf family with an offer they couldn’t refuse for the landmark Royal Oak Hotel in roaring Double Bay. Since 1873 the Royal Oak has held a strategic position at the epicentre of

FEINGOLD FINDS A FORLORN ROYAL

The beloved but long-closed Royal Hotel Clifton Hill has been acquired by local publican Rebecca Feingold, with plans to return it to its rightful place in the hearts of Melbourne’s inner north. Built 1889, the Royal of Clifton Hill is

IRIS PASSES ON THE WISEMAN’S INN

Iris Capital has divested the historic Wisemans Inn Hotel to a local private investor as it tunes the portfolio and continues major developments around the state. The riverside Inn was established in 1827 on a 5,123sqm landholding on the banks

NEWCOMER LOCALS INTO GREAT SOUTHERN BERRY

The Great Southern Hotel in booming Berry has changed hands, acquired by ambitious local newcomers to the industry partnering with some veterans and bringing localised plans for a revival. Around two hours’ south of Sydney, Berry has taken gold in