Property

ROYAL ALBERT MEETS MOMENTO’S MOVE

Posted on May 16th, 2022 by Clyde Mooney
Marcello Colosimo’s Momento Hospitality has continued its march into inner-city prospects with purchase of the famed Royal Albert Hotel of Surry Hills. On the southern edge of the Sydney CBD, the Surry Hills boozer is well known as one of

WAUGH PICKS UP REDCAPE’S MINSKYS

Posted on May 13th, 2022 by Clyde Mooney
Redcape has divested its lower north shore party venue Minskys Hotel to a partnership between Mitchell Waugh and the Karellas family. Situated on major thoroughfare Military Road in Cremorne Plaza, the freehold going concern Hotel offers bar areas, with 24-hour

NED KELLY HEADS NORTH TO AMBLE INN

Posted on May 13th, 2022 by Clyde Mooney
Ned Kelly has charged into the Amble Inn, bolstering the gang with a massive coastal lot at Corindi Beach, near Coffs Harbour. The Amble Inn was built by the family operators in 1985, on a huge 1.6-Ha (16,000sqm) property around

KICKON HIT THE MARK IN TOWNSVILLE

Posted on May 6th, 2022 by Clyde Mooney
Craig Shearer’s Kickon Group has announced its expansion into northern Queensland and new partner Bart Furst, in acquisition of Townsville’s The Watermark. The Watermark, in the heart of Townsville tourist hotspot The Strand, features a relaxed sports bar and contemporary

THE FRIEND FINDS COLOSIMO IN NEED

Posted on May 4th, 2022 by Clyde Mooney
Glebe stalwart the Friend In Hand Hotel has been sold by Wallaby publican Bill Young to Marcello Colosimo’s Momento Hospitality. In a return to fortune, Young bought the pub in 2019 for around $10 million. His father and the Young

PIPER LANDS MEREWETHER’S BEACH

Posted on May 2nd, 2022 by Clyde Mooney
Property guru Glenn Piper has sealed the deal on Andrew Lazarus’ magnificent Beach Hotel at Merewether, in another new record for the Newcastle region. The large-format heritage-listed pub occupies a 1,850sqm site just three kilometres from the Newcastle CBD, with

PENDLE INN HOTEL THE LATEST BIG WESTERN SYDNEY SALE

Posted on May 2nd, 2022 by Clyde Mooney
Another big western Sydney pub has sold, with a private family the latest riding the gravy train on skyrocketing values through sale of their rail-side Pendle Inn Hotel. Established in the 1950s by the vendors, the pub’s sale now represents

UNIONS VOW TO BLOCK JOHN CURTIN REDEVELOPMENT

Posted on May 2nd, 2022 by Clyde Mooney
Union heartland the John Curtin Hotel has been sold to an unnamed developer, but the city is fighting its demise and unions have vowed to make hell for any proposed project. Built in the 1870s, across from the Victorian Trades Hall

PUBLICAN SAYS HOWLONG, AMID RED-HOT REGIONAL COMPETITION

Posted on April 27th, 2022 by Clyde Mooney
Growing regional publican Adam Drabarek has bought the Howlong Hotel, in the NSW border town of Howlong. Established in 1858, the single level brick Hotel occupies a prominent 2,023sqm corner site, with single bar operation, bistro, and gaming room with