Property

LOCAL SYNDICATE TAKES MUDGEE’S PARAGON

Posted on May 24th, 2024 by Clyde Mooney
New locals have taken the Fitzgerald prize, adding Mudgee’s historic Paragon Hotel to their growing portfolio. Built 1857 amid the region’s goldrush, the hotel was originally known as the Bushman’s Home. Around a decade after it was established it was

NEW OWNER RESTORES HOPE TO HISTORIC CAPTAIN

Posted on May 24th, 2024 by Clyde Mooney
Captains Flat Hotel has seen its share of ups and downs over the last nine decades, and with new owner Sharanne Witt it’s set to be on the rise again once it is back serving the locals next month. An

UNIVERSAL MOVING IN AND OUT

Posted on May 17th, 2024 by Clyde Mooney
Universal has reshuffled the portfolio, taking up residence in the Palace of Haymarket, and calling an end to play at the Bat & Ball in Redfern. Built 1877, the Palace is one of three three-storey heritage Sydney buildings at the

QUINN DOES THE DEAL ON FLYING AUSSIE

Posted on May 13th, 2024 by Clyde Mooney
Nick Quinn and partners have divested the Australian Hotel in Wingham, which will become part of the growing collection of Tim Smith. Set on a prominent 1,884sqm corner of Wingham’s arterial Bent Street, the Aussie is comprised of the classic

ROCHE PULLS OUT OF THE STATION

Posted on May 6th, 2024 by Clyde Mooney
Moteliers the Dhaliwal family have entered the pub game, becoming the proud new owners of the Roche family’s Station Hotel Motel in Kurri Kurri. The Station boasts history in the region, the design by acclaimed Maitland architect James Warren Scobie

JDA NABS THE UNICORN

Posted on April 29th, 2024 by Clyde Mooney
Paddington’s famous Unicorn Hotel has been sold as a restapled freehold going concern to the Feros’ JDA Hotels.   Commonly known as ‘Fringe Bar’, the Unicorn is famed for its Monday night comedy acts and eastern suburbs socialite crowd, being

SHOGROUP EXPAND BY EIGHT DRAGONS

Posted on April 22nd, 2024 by Clyde Mooney
James Wynne’s investment vehicle Shogroup has partnered with John Upham to take their first pub in Adelaide with purchase of the new Eight Dragons in redeveloped Chinatown. Shogroup and Upham have secured a 37-year lease on the new Hotel, which

REDCAPE AND GALLAGHER IN $70m SALE-SWAP

Posted on April 17th, 2024 by Clyde Mooney
Redcape has furthered its portfolio shakeup and Gallagher Hotels has traded up, seeing sale-swap of the Criterion in Sydney and Crescent Hotel in Fairfield, in a transaction worth a combined $70 million. The high-profile sale and purchase deal reflects the

WHITE HORSE RIDES AGAIN

Posted on April 15th, 2024 by Clyde Mooney
The historic White Horse Hotel of St Peters has been sold to new hoteliers, as they saddle up to continue the entertainment quest and launch the music-lovin’ McLovin’s. August, 1930. Image: Australian National University Set on the arterial Princes Highway

HARVEST SEES FERTILE GROUND IN QUEANBEYAN

Posted on April 5th, 2024 by Clyde Mooney
Harvest Hotels has consummated its new investment fund with purchase of the big-ticket Jerrabomberra Hotel, in red-hot Queanbeyan. Known locally as ‘The Jerra” the pub occupies a generous 2,759sqm opposite the Jerrabomberra Village Shopping Mall, providing sports bar, bistro, gaming