Property

MATTHEWS PUSHES REGIONAL ENVELOPE WITH BENTLEYS

Family-owned Matthews Hospitality is expanding in its heartland with purchase of Bentleys Hotel, in South Australia’s Clare Valley. Matthews is one of South Australia’s largest family-owned hotel groups, having owned, operated and sold a total of 36 hotel licences and freeholds over the years since its inception during World War II by Seymour and Doris

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KELLY’S ROSE & CROWN AND CORRIMAL SOLD AFTER HOT PURSUIT

Following heated weekend negotiations, it has been announced Damien Kelly’s Rose & Crown Hotel Parramatta and Corrimal Hotel of Wollongong have sold for a combined $74.5 million. The properties went to market in January, under direction from Wexted Advisors, as the first tranche of assets to be divested out of Kelly’s troubled Pub Invest portfolio.

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ELEPHANT BRIDGE CROSSES INTO NEW MANN HANDS

One of Victoria’s oldest inns, the stately Elephant Bridge Hotel, has sold to a prominent farming family, who bring plans to reinvigorate the recently restored pub into the community. This historic two-storey bluestone establishment is described as “one of regional Victoria’s best restored and elegant” hotels. Built circa 1842 it still operates under its original

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