Property

LAUNDYS GROW COASTAL ACCOM AND PARTNERSHIPS WITH FLOWER AND PORT

Posted on March 23rd, 2022 by Clyde Mooney
The Laundy family have furthered their coastal acquisitions and partnership model, buying the Mercure Centro Hotel with Mr Port Macquarie, Alistair Flower, for around $25 million. Rated 4.5-star, the five-level 72-room Hotel is in the heart of Port Macquarie’s commercial,

HIGH-FLYING APOLLO BAY SALE SURPASSES TARGET

Posted on March 23rd, 2022 by Clyde Mooney
The appetite for coastal pubs continues unabated with sale of Victoria’s iconic Apollo Bay Hotel, south-west of Melbourne. The picturesque property came to market for the first time in over 30 years in February, offering the freehold title and a

PUBLIC HOSPITALITY GROUP PICKS UP CAMPERDOWN’S LADY

Posted on March 21st, 2022 by Clyde Mooney
Jon Adgemis’ Public Hospitality Group has taken the hand of the Lady Hampshire of Camperdown, for around $11 million. The Lady is a well-known landmark of the inner west, passed by thousands of cars each day on bustling Parramatta Road.

BLACK RHINO CONQUERS COPPER TOWN

Posted on March 21st, 2022 by Clyde Mooney
Melbourne-based Black Rhino Group has taken another run at South Australian potential, buying all three pubs in the Copper Coast town of Moonta. Found around 160 kilometres north-west of Adelaide, Moonta is a community of over 4,000 people and one

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