Balmain’s famed London Hotel has been sold off-market by the Stevens family to Ray Reilly and Co for $8.5 million. The Stevens’ acquired the landmark pub on Balmain’s Darling Street in 1989 from the Coopers Brewing family. The family also owns the Spinning Wheel Hotel in Raymond Terrace and Commercial Hotel in Tumut. The pub […]
Kings Cross landmark O’Malley’s Hotel has sold to the expanding Wayne Group, representing their entry to the super-hot Sydney market. O’Malley’s came up for sale in March, on behalf of KPMG as Receivers & Managers, amid rumours of a partnership dispute between the freehold owners. Located on a 967sqm site just metres from Kings Cross’
The award-winning Railway Hotel in Parkes has been sold by Bianca Sheridan and Kasie Fergusson to an aspiring local developer. Sheridan and Fergusson purchased the hotel in 2010. They went about a major renovation and repositioned the pub to focus on foodservice, leading to a string of accolades and reputation as one of the most
The waterfront Anglers Rest Hotel is ushering in the next generation, seeing Geoff Watts and Mal McKellar sell the freehold going concern to one of their long-serving managers. The McKellar and Watts families have owned the Anglers Rest Hotel for in excess of 30 years, buying the Hawkesbury property in 1985. Ready to move into
Eatons Hotel in Muswellbrook has been sold by the Ryan family to an associate of Marcello Colosimo, with operations destined for the Momento portfolio. Eatons is positioned on almost an acre of land (3,490sqm) on the major arterial road through the Upper Hunter region, around 130 kilometres north-west of Newcastle. The area is known for
Continuing the interest in hot regional assets, the Laundy O’Hara Cruickshank consortium has bought Albury’s Springdale Heights Tavern for $22 million, representing a regional record. Established in 1988 on a huge 1.2-Ha corner site on arterial Kaitlers Rd in Lavington, in the north of Albury, the very family-friendly pub boasts a huge air-conditioned kids’ play
Moelis Australia has announced acquisition of Bendigo’s All Seasons Resort Hotel for $54.5 million, expanding into regional Victoria with a property previously sold by Redcape. MA Financial Group (ASX:MAF) reports it has exchanged contracts on the purchase, set on a massive 3.56-Ha lot on the McIvor Highway, around 150 kilometres north of the Melbourne CBD.
David Tomsic’s Black Rhino Group has gone again in Adelaide, picking up a vacant pub on O’Connell Street with plans for an overhaul and new eponymous moniker. The latest acquisition is amongst the bustling North Adelaide Village Shopping Centre, offering a 50-year lease on a vacant premise, with 32 gaming entitlements. Exchanging contracts this week,
Long-time hotelier Tom Mooney is the latest to benefit from the appetite for Byron Bay, selling the Great Northern Hotel, which the family have owned and operated for nearly three decades. The commanding Great Northern stands on a 2000sqm corner site on main drag Jonson Street, just two blocks south of the famous Beach Hotel,
Matt Moran, celebrity chef and partner to Solotel, has bought the historic Rockley Pub, bringing big plans for the town. Rockley is a picturesque village 35 kilometres south of Bathurst, or 220 west of Sydney. Built 1872 by William Brownlow it traded for many years as the Club House Hotel, but is known to all
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