Australian Venue Co has divested its leasehold interest in Darling & Co, in Brisbane, to local sweethearts Catchment Brewing Co. Located in the Queensland capital’s affluent suburb of Paddington, the chic bar-restaurant previously incorporated a charter cruise business on the Brisbane River. AVC has been bolstering its Queensland venues with major capex, and as part […]
Growing hospitality group Harvest Hotels has expanded beyond its base, taking the McIntyre family’s Woy Woy Hotel for $32 million. An old faithful of the Central Coast, ‘Ye Olde Woy Woy Hotel’ was built 1897, and known locally as “the Old Pub”. Located on a 2,767sqm lot, with views of Brisbane Water, across from Gosford,
Ending a hotly-contested campaign conducted entirely during COVID closure, the Stanfords have achieved a national record sale for 2021 of circa $70 million for their monolithic Vineyard Hotel. The extremely large-format Vineyard is a mixed-use hospitality operation on 76,900sqm on a corner of Windsor Road, in northern Sydney. It provides a traditional sports bar, with
Pub sales continue unabated across the east coast, and if freehold going concerns and operations aren’t transacting investors are finding the deeds on investment freeholds. Listed funds manager Charter Hall has secured ALH’s Imperial Hotel for $6.618 million, representing a 4.88 per cent yield. Located in Beenleigh, 35 kilometres south of Brisbane, the two-level Imperial
Australian Venue Co continues its investment into regional Victoria with acquisition of the popular Birallee Tavern of West Wodonga. The Tavern is a sandstone and brick structure, built in 1994, located in a shopping centre precinct in a significant residential area of the Victorian border town of around 15k people. It provides a spacious public
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
MATHIESON BUYS MERRIMAC TAVERN THROUGH NEW PUB GROUP Read More »
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
COLLECTIVE HEADS TO KICKON WITH NEW VENUES AND LOOK Read More »
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