A Sydney syndicate has won the bid for the massive, big-potential Tahmoor Inn Hotel, owned by the extended Ryan family for more than three decades. Located in south-western Sydney’s Macarthur Region, the single level, tavern style operation occupies an impressive 2.9ha block fronting the Old Hume Highway, and opposite the recently constructed Tahmoor Business Park […]
Veteran Rod Salmon and his son Nate have emerged as the buyers of the Gallagher clan’s Chelsea Hotel in north shore heartland, Chatswood. Patrick Gallagher and partners bought the Hotel early 2018 from Solotel, for circa $20 million. The two-level Chelsea resides in a 765sqm strata site, opposite the western entrance to Chatswood station, providing
Sydney inner west variant Kuleto’s has been sold for the first time in over four decades to a newcomer to the industry, amid continued strong demand and limited supply for city fringe hotels. Previously known as the Milton Hotel, the Newtown hotel staple resides at the northern end of King Street, central to of some
Dave Tomsic’s Black Rhino Group has paid over $25 million for the Deegan family’s sprawling Cardinia Park Hotel at Beaconsfield. Established in 1926, the Cardinia Park Hotel occupies a commanding 48,976sqm (4.9ha) lot in Melbourne’s south-east. It features a fully refurbished public bar, expansive family bistro, gaming room with 45 machines, significant function space and
A partnership of Ben Walsh’s Good Time Group Holdings with the Anthony Moreton Group has purchased the idyllic Stradbroke Island Beach Hotel from long-time owner Bob Hill. The Beach resides on a generous 3,267sqm lot overlooking the picturesque Cylinder Beach, boasting panoramic ocean views and direct access to Point Lookout Beach. Known locally as the
Craig Shearer’s Kickon Group has taken another new prize in the Grand Dame of Cleveland, bringing plans for a multi-million-dollar renovation, and a familiar face partner. Built 1851, the Grand View Hotel began life as Cleveland House, before being renamed the Grand View in 1910. It is popularly known as the ‘Grand Dame’ to friends
Veteran corporate hotelier Steve Savic has teamed up with the players behind IMG Hotels to purchase the tired Mittagong Hotel in the NSW southern highlands, with big plans. Built in the last few years of the 1800s, the three-storey Mittagong pub was originally known as the Exchange Hotel. It occupies a sizeable 1,461sqm lot, providing
Pub king Arthur Laundy has picked up the sprawling Hunts Hotel in Casula, less than six months after the record-setting sale in the precinct of the Crossroads Hotel. Hunts is located directly opposite the big Crossroads, which sold to Nelson Meers in April for a reported $160 million. The massive 21,420sqm Hunts site on Camden
Matthews Hospitality, one of South Australia’s largest family-owned groups, has added the iconic Sussex Hotel at Walkerville to its portfolio. The Matthews group was established during World War II by Seymour and Doris (Dossie) Matthews, and today owned by third-generation siblings Lisa, Scott and Ward Matthews. The group has owned, operated and sold some 36
Bill Young has continued the house shake-up, selling his long-held Wisemans Inn Hotel to Sam Arnaout’s expanding Iris Capital empire. The large-format Hotel was built by British convict Solomon Wiseman, who after being pardoned received a grant of 200 acres, around 1819, at the site of what is now known as Wisemans Ferry. Built 1827,
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