Wallaby publican Bill Young has scored again, beating off competition to take the prominent Bar Broadway in Chippendale for a reported circa $36 million. The re-stapled freehold going concern, first known as the Westminster Hotel, then the Guys & Dolls Hotel, Sutherlands Hotel and most recently Bar Broadway, came to market in May for the […]
Adelaide has cemented itself as the latest feeding ground for pub investment, as a reported $100 million worth of pub sales are announced, including Harvest’s new fund and a record price by ALH/Endeavour. The surge of transaction activity has been led by Greg Maitland’s GM Hotel Group, which is one of the largest stakeholders in
Blue Mountains landmark the New Ivanhoe Hotel in Blackheath has sold for the first time in nearly five decades, the Ray family passing the baton to Ray Reilly and business partner Adrian Guest. The Ray family have been running the 1930s old world pub known affectionately as ‘The Ivy’ for the past 45 years, since
Nick Quinn and partners have made up for lost assets, buying the Tourist Hotel in Queanbeyan, representing the first hotel sold in the precinct in a decade. Established in 1932, the handsome Art Deco pub occupies a 1,928sqm lot on Monaro Street beside a pedestrian thoroughfare to an adjacent 200-space council car park. The Tourist
Quinn & Co have agreed to sell their thumping Windsor Castle Hotel in East Maitland for $51 million to the acquisitive Harvest Hotels, smashing the group’s own record for an inland regional pub. Around two hours’ drive north of Sydney, ‘The Castle’ is a large-format hotel across a 6,613sqm lot, built in the 1920s. It
Leasehold interest in the Glenquarie Tavern of Macquarie Fields, in Sydney’s booming south-west, has sold for a record-breaking $28 million, marking the first time it has ever changed hands. Located on 5,574sqm in the retail heart of Macquarie Fields, adjacent to an Aldi supermarket and the Woolworths and Target-anchored Glenquarie Town shopping centre, the Tavern
More than two years after the pandemic halted everything in pubs, Australian Venue Co has again entered an acquisition agreement to purchase the urbane Melbourne collection of Sand Hill Road. In a rehash of the deal that almost transpired in March 2020, AVC will take over the lease operations at The Espy in St Kilda,
BREAKING: AVC BUYS SAND HILL ROAD COLLECTION – AGAIN Read More »
Southern Highlands identity Tom Porter has been sold his Moss Vale Hotel to a Sydney-based hotelier looking to relocate his family to the region. After three and a half decades on the job, Porter listed the pub last month, citing his impending retirement. Inexorably linked to the place, he is pleased his legacy will be
Sydney hotel manager Roman Nalywajko is stepping up and into Steel City, acquiring Newcastle’s Honeysuckle Social. The venue, on 450sqm, began life just a decade ago, as a James Squire brew bar. In early 2020 it underwent a makeover and rebrand, re-emerging as the chic, renovated Honeysuckle Social. It is located within the ‘Honeysuckle’ waterfront
Veteran Sue Cameron has sold her long-held landmark the Lord Roberts Hotel in Darlinghurst to an industry newcomer for $22.5 million. Popularly known today as the ‘Lord Bob’, a public house named the Shannon Hotel was first established on the Stanley Street site in 1871. The Powell family secured a lease with Tooheys in 1901,
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