Property

REDCAPE TRIFECTA TO FRANCIS AND SONNEL

Posted on July 8th, 2024 by Clyde Mooney
Redcape has given a fresh boost to the portfolio reshuffle, selling three more of its A-grade pubs to two different buyers, for a total value of over $136 million. The latest three hotels to exit the Redcape stable are the

NEW TEAM TAKING THE HUNTER TO KHARTOUM

Posted on July 5th, 2024 by Clyde Mooney
Kitchener’s handsome Khartoum Hotel has been sold by veteran Ray Prescott, ushering in a trio of new operators to optimise its opportunity in the Hunter. The historic two-storey pub was constructed in 1926, on a commanding 2023sqm site on what

KNOX DROPS AREA IN A HOT REGION

Posted on July 3rd, 2024 by Clyde Mooney
There’s a new rising star of the region as Jim Knox divests his big Area Hotel in Griffith to a local operator. Knox bought the pub in 2019 for around $8 million from a private syndicate who had operated it

THE SPORTING GLOBE TAKE BENDIGO’S BELOVED METRO

Posted on July 3rd, 2024 by Clyde Mooney
The Signature Group has been unveiled as the buyer of the historic Metropolitan Hotel of Bendigo, with a new instalment of The Sporting Globe heralding a new era for sports enthusiasts in the regional hub. Popularly known as The Metro,

BLACKTOWN’S TOWN TAVERN SOLD

Posted on June 28th, 2024 by Clyde Mooney
The Town Tavern of Blacktown has been sold through receivers, with a new operator looking to optimise its place in the western Sydney gaming market. A consistent Top200 venue, the Town is a prominent, high-performing venue adjacent to Blacktown train

AVC SNAPS UP GERRY RYAN’S PRINCE

Posted on June 28th, 2024 by Clyde Mooney
Australian Venue Co has confirmed it has signed a sale agreement for the acquisition of Melbourne Pub Group’s The Prince of St Kilda. The Prince of Wales was built in 1862, as a two-storey residential hotel. In 1937 it was rebuilt in the Art

LANSDOWNE LEGEND ROCKING NEW OWNER

Posted on June 26th, 2024 by Clyde Mooney
Sydney rock institution the Lansdowne Hotel has sold, ushering a new era for the four-storey Chippendale landmark dominating City Rd. Occupying a 506sqm block opposite Victoria Park and Sydney University, with GFA of 1,900sqm and capacity for 480 patrons, the

FEROS TO MAKE A SPLASH IN SHELLHARBOUR

Posted on June 14th, 2024 by Clyde Mooney
Feros Group are the new custodians of the stunning Ocean Beach Hotel in Shellharbour, with king of the south Chris Feros declaring “big plans” for the seaside site. Built 1929, the Ocean Beach Hotel is an expansive open plan beachfront

ROCHE DIVESTING HARRIGAN’S CALYPSO BAY

Posted on June 12th, 2024 by Clyde Mooney
Roche Group, owned by rich-listers the Roche family, is offering up the very large-format Irish-themed Harrigan’s Calypso Bay, as they focus on next steps and investments closer to their NSW base. Found around 20 minutes from the Gold Coast, and

LAUNDYS SEE THE LIGHT

Posted on June 7th, 2024 by Clyde Mooney
Arthur Laundy and family have emerged as the successful buyers of the Bayfields’ iconic Light Brigade Hotel of Paddington. Crowning the intersection of Paddington-Woollahra since the 1880s, the three-storey pub boasts two street frontages, over Oxford St and Jersey Rd.