The new year has already found Sydney hoteliers drawn north to Newcastle, as a partnership with Ashton Waugh and Ben Lawler take the deeds to The Commo of Cooks Hill. A classic red brick two-storey corner pub, the Commonwealth is a stoic local providing public bar, gaming room with 21 machines, 24-hour licence, and ten […]
Brody Peterson has divested his handsome Village Inn of upmarket Paddington to an interstate investor, as capital holders push to leverage the pub sector. Established 1850, the pub is a prominent three-level building on a 171sqm site in the inner-city suburb, located between Paddington’s famous ‘Five Ways’ and The Intersection – the unofficial home to
The Kelly family has capped a record year for the pub sector, selling its northern beaches institution the Brookvale Hotel to Irvin Hotel Group for a reported $42 million. The large suburban pub on 2,700sqm on arterial Pittwater Road provides a classic public bar with single service point, gaming room with 29 EGMs, and over
The highly historic Hope and Anchor Hotel is back in local hands and set to be “rescued” by alderman and hero of Hobart, John Kelly. Built in 1807, the Hope and Anchor on the Hobart foreshore is thought to be the oldest continuously licensed pub in Australia. It has enjoyed time known as Hotel Alexander,
The ink still drying at Woolloongabba, the Mathieson family has emerged as the buyer of Sydney’s famous and somewhat controversial Captain Cook Hotel, aka The Captain Paddington, from short-term pilots. The Captain occupies a 544sqm corner of Flinders Street and Moore Park Road, near the new football stadium, Sydney Cricket Ground and Entertainment Quarter. A
PUB COMMANDERS MATHIESON FAMILY LAND THE CAPTAIN Read More »
Bruce Mathieson Jr continues his own portfolio build, snagging the potential-laden Woolloongabba Hotel in Brisbane’s Olympics hot spot. The Woolloongabba has resided on its prominent corner site since 1868, now incorporated as a tenancy in the prime location of 803 Stanley Street in the Gabba Central centre, packed with specialty tenants and anchored by a
Veteran publican Charlie Redmond has done the sea change, finding haven at the Coast Hotel in Coffs Harbour in a $2.8 million high water mark for the seaside precinct. The Coast resides on a generous 1,600sqm corner of Coffs Harbour’s main thoroughfare. The popular local provides public bar, bistro and dining area, gaming room with
The Salmon family has divested its unexpectedly successful Rydalmere Tavern in Sydney’s west to pub veteran Andrew Lazarus’ Zenith Hotels. Rod Salmon is the Port Stephens-based owner of development company Coho Property. Having purchased a warehouse on 3,000sqm of land on Victoria Rd at Rydalmere, and holding an errant hotel licence, Salmon opted to create
SALMONS SELL THUMPING WAREHOUSE BROWNFIELD RYDALMERE TAVERN Read More »
Marty Short and co have sold their locals-driven The Tudor Hotel of Redfern to the Kospetas family’s Universal Hotels, in a new high water mark for the city-fringe precinct. The Short and Anderson families invested in the multi-level Tudor in early 2015, proclaiming it an opportunity “too good to miss” after watching development of the
BREAKING: SHORT PASSES TUDOR COMMUNITY BATON TO UNIVERSAL Read More »
After 45 Years operation under management plus an extended settlement, the Hotel Cecil of Casino has been sold. Vendor Nick Bulmer and family have owned the hotel as an asset for over four decades, and listed the pub in late 2021. A sale finally settled this week, by request of purchaser Barham Hamarashid, who also
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