The thriving Brolga Hotel of Coleambally has been sold by successful first-timers to new ambitious first-timers Darren and Nathan Maddison. Located north of Albury, around 600 kilometres south-west of Sydney, Coleambally is home to around 650 people, and one pub – a classic single-storey brick building in the centre of town. It provides locals a […]
A new generation of hotel royalty is stepping up its footprint in pubs, with rich-listers the Roche family consolidating their pivot with purchase of Armidale’s Royal Hotel. The Royal is the latest acquisition by the Roche Group, headed by Bill and Imelda Roche, who made billions in the 80s through their company Nutrimetics Pharmaceuticals. Since
Star Hotels’ expansion and diversification continues with purchase of the Central Hotel in Townsville. Steven Shoobridge’s Star Group lays claim to being Queensland’s largest independently owned and operated pub and liquor retail chain. The company moved into hospitality in 1996 with rapid purchase of three venues. In 2009 it rebranded to the Star Group, having
The Gold Coast’s dormant One50 Public House has been bought by the Feros’ JDA Hotels for $12 million, in partnership with Queensland hotelier Nick Kalaf, as market heat cooks prices. Nestled in the heart of the main commercial precinct of GC’s Bundall, One50 is a two-level tavern, on one of two titles totalling 3,144sqm. It
Australian Venue Co. continues its expansion into domestic tourism hubs with acquisition of the Hotham Hotel in Mount Hotham Previously known as Swindlers Bar, the venue is the heartbeat of the Hotham ski fields and a staple for food and beverage on the slopes. It offers skiers a cosy retreat for breakfast, lunch and evenings,
The handsome Grand Hotel of Newcastle East has been sold, bringing an exit by Mike Angus and re-entry by some former hoteliers. The Grand is one of just three pubs in Newcastle East, built 1891, two blocks from the beach. When it opened the two-storey Victorian-era structure was the belle of the 50-odd hotels in
A growing Melbourne group has scooped four pubs from the highly awarded Zagame family for $99 million, in demonstration of the strength of the Victorian market despite lockdowns. The institutional Zagame Group has sold lease interests in its self-branded venues at Berwick, Ballarat, Boronia and Reservoir. All new 60-year leases, IPR Hotels is understood to
The stalwart Gurr family of Armidale have sold their local institution, the Whitebull Hotel, to the family operation of hotelier Jim Knox. Located in the heart of Armidale’s retail precinct, the Whitebull Hotel is a prize of the New England region. Its sale for $13.25 million is said to be a record for the city
Australian Venue Co (AVC) has jumped the Strait, taking its first pub in Tasmania in Hobart’s historic Telegraph Hotel. Built 1858 as the Electric Telegraph Hotel, on a prime waterfront site, the shortened name was adopted in 1877. It has been the property of brothers Stephen and Brendan Bourke since 1992, operated under lease by
The growing partnership of Simon Tilley and Nick Wills is the latest to get a foothold in Sydney’s burgeoning north-west growth corridor, buying the Richmond Inn Hotel. Set on a 3,007sqm corner site, the large-format suburban hotel is located in Richmond’s main commercial and retail precinct, adjacent to the big Richmond Marketplace shopping centre. The
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