Oscars’ Mario and Bill Gravanis have made their first big move into the red hot regional market, partnering with Craig Power to purchase the entire The Pub Group Tamworth portfolio from Bevan Douglas. The Pub Group, based in the NSW regional centre of Tamworth, was founded in 1989 and has been owned and operated since […]
A new pub outfit headlined by Bruce Mathieson has secured the Merrimac Tavern, on the Gold Coast. The Queensland OLGR website reports approval for the licences to Merrimac Operations P/L, as trustee for the Merrimac Tavern Operations Unit Trust, which was formed in April of this year. Corporate documents show Merrimac Operations counts as directors
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After 51 years and too many beers to count, the McDonald family’s tenure at the celebrated Manly Hotel will come to an end at the end of the month. Stewart and Dulcie McDonald took on a lease at the pub in 1970, and later passed the reins to their kids Jenny, Doug and Sandy. The
After nearly four decades behind the wheel, the Hampton family has handed its Lake Illawarra Hotel in Windang to a growing hotelier. Once a Tooth’s brewery, the Lake Illawarra occupies a 6,038sqm site a stone’s throw from its namesake, around 15 kilometres south of Wollongong. The family-run Hotel quite recently underwent a major refurbishment, amplifying
Craig Shearer and crew’s Collective Heads has relaunched as Kickon Group, along with new appointments and two new venues in the portfolio. The Kickon Group portfolio began with Fitzroy North’s The Terminus, Brisbane’s historic Plough Inn, and The Collective, on the Gold Coast. The new outfit heralds significant growth plans, headlined by in-progress redevelopment of
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North coast publican Harry Barry has taken the title to the idyllic Crown Hotel of Grafton, in the NSW northern rivers region. The Crown Hotel Motel is situated on 6,000sqm of riverfront land in the heart of historic Grafton. The Hotel itself is a heritage building with bar, TAB and Keno, gaming room with 11
Sydney’s white-hot pub market continues despite closures with sale of the languishing Dry Dock Hotel to new specialist entity Peninsula Hospitality Group. Recognised as one of Balmain’s oldest pubs, established 1857, the Dry Dock is adjacent to the Balmain Ferry terminal and Mort Bray Park. The 164-year-old pub is ready for a significant renovation and
Goodfolk Group has expanded its Hunter portfolio with purchase of the restapled Family Hotel in Maitland. Set on a large land holding of 2,136sqm, offering public bar and TAB, bistro, open and covered outdoor areas, function room and first floor pub-style accommodation, the large country pub first came to market in April offering a new
Jaz Mooney’s Oxford Hotels has executed a sale-and-leaseback at its Grand Hotel, making hay in a hot market ahead of lingering uncertainty. Stronghold Investment Management, based in Brisbane, has paid a reported $13 million for the freehold of the landmark Grand Hotel and neighbouring properties, while Mooney’s operation remains on a 10-year lease agreement. The
Fresh from his divestment in Leichhardt, Peter Walker has upped the ante, purchasing Adam’s Tavern in Blacktown from long-term owner and creator, Bob McGhee. Walker sold Norton’s Irish Pub to Justin Hemmes’ Merivale mid-May for $24 million. He has now paid a reported $25 million for Adam’s Tavern, which is thought to be a record
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