The long-standing Hakfoort Group has sold its iconic Redbrick Hotel in Woolloongabba to pub royalty the Mathieson family. The heritage-listed Victorian-era Hotel was built in 1890 for Thomas Burke, who remained owner and proprietor until 1899. Several owners followed before it was renamed ‘Burke’s Hotel’ in the 1980s in his honour. For many years it […]
Chris Morris’ Colonial Leisure Group has added to the property portfolio with the freehold of its Lucky Coq in Windsor. CLG operates 10 venues across Victoria, and around the same number again across several other states. It has occupied the Lucky Coq, on the corner of Chapel and High Street, since 2009, on a lease
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
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.
KELLY’S ROSE & CROWN AND CORRIMAL SOLD AFTER HOT PURSUIT Read More »
The large-format Thomas Blamey Tavern in the Riverina has been sold to a consortium led by publican Lee Green. Occupying a 6,110sqm site in Wagga Wagga, one of the state’s premium regional precincts, and only a couple of blocks from popular recreational area Lake Albert, the big pub offers public bar, bistro, sports bar with
GREEN CONSORTIUM SNAPS UP BIG-TICKET THOMAS BLAMEY Read More »
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
Investors and hoteliers are pushing top-dollar prices for strong assets in regional hot-spots, as hungry capital eyes the booming Australian hotel market. The freehold has been sold of the Grand Hotel in Armidale – a major locality in the New England region, with a population of circa 25,000. Built in 1921, the prominent brick Hotel
REGIONAL CENTRES ON FIRE AS HOT MARKET EYES THE BUSH Read More »
Universal Hotels has won its first bout for 2022, taking home the Bat and Ball Hotel of Surry Hills. Originally known as the Duke of Cleveland, the pub was built in 1929 on the corner of busy Cleveland and South Dowling Streets. Its proximity to both the Sydney Football Stadium and Sydney Cricket Ground have
Australian Venue Co. has continued its investment in Victorian pubs, taking the freehold going concern of the Anglers Tavern with another investment partner, EG Private Wealth. Maribyrnong’s Anglers Tavern is the largest food and beverage venue north of the Melbourne CBD, five kilometres north-west of the city, on an 8,270sqm lot boasting 160 metres of
Bill Drakopoulos’ Sydney Restaurant Group (SRG) has pulled the trigger on its plan for pubs, picking up the large-format Coast Hotel in Budgewoi. Well known as a restaurateur, Drakopoulos has paid $15 million for the Central Coast freehold, on a sprawling 5,100sqm mostly underdeveloped site overlooking the water, with an exclusive catchment area. Patriarch Bill
SYDNEY RESTAURANT GROUP KICKS OFF PUB PLANS AT THE COAST HOTEL Read More »
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