Property

MERIVALE TAKES ANOTHER IN NAROOMA

Posted on March 18th, 2022 by Clyde Mooney
Justin Hemmes has furthered his push south, buying one of Narooma’s oldest and most historic buildings, Lynch’s Hotel. Located on a 2,300sqm site in Narooma’s town centre, the Hotel features a classic bar, a casual restaurant with indoor and outdoor

FIRST-TIME LOCALS TAKE ON WAYWARD CAPTAINS FLAT

Posted on March 18th, 2022 by Clyde Mooney
The stoic and enigmatic Captains Flat Hotel of Captains Flat has sold to first-timers, local family the Durrs. The very large-format pub was built c.1937, occupying a 2,024sqm block and the only Hotel in Captains Flat – an historic township

MATHIESON BUILDS WITH HAKFOORT’S REDBRICK

Posted on March 11th, 2022 by Clyde Mooney
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

CLG SECURES ITS LUCKY COQ

Posted on March 9th, 2022 by Clyde Mooney
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

MATTHEWS PUSHES REGIONAL ENVELOPE WITH BENTLEYS

Posted on March 9th, 2022 by Clyde Mooney
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

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

Posted on March 7th, 2022 by Clyde Mooney
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

GREEN CONSORTIUM SNAPS UP BIG-TICKET THOMAS BLAMEY

Posted on March 4th, 2022 by Clyde Mooney
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

ELEPHANT BRIDGE CROSSES INTO NEW MANN HANDS

Posted on February 18th, 2022 by Clyde Mooney
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

REGIONAL CENTRES ON FIRE AS HOT MARKET EYES THE BUSH

Posted on February 11th, 2022 by Clyde Mooney
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

UNIVERSAL CATCHES BAT & BALL

Posted on February 2nd, 2022 by Clyde Mooney
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