Property

HOTEL PROPERTY INVESTMENTS BOOK $63m IN NEW PUBS

Posted on November 23rd, 2020 by Clyde Mooney
ASX-listed pub landlord Hotel Property Investments has entered agreements to acquire three hotel properties, across Queensland and Victoria, for a combined $63.3 million. The hotels are Mango Hill Tavern and First Choice Liquor, 29 kilometres north of the Brisbane CBD,

HALLMARK TAKES THE HEART OF BRISBANE

Posted on November 23rd, 2020 by Clyde Mooney
Queensland-based Hallmark Group has added the iconic Lord Alfred Hotel in the literal and proverbial heart of Brisbane to its growing portfolio. Gracing the corner of legendary Caxton Street and Petrie Terrace, the historic Lord Alfred was established in 1868,

NEW MOELIS FUND WINS BATTLE INTO COURTHOUSE

Posted on November 20th, 2020 by Clyde Mooney
The post-pandemic purse strings have loosened, with Moelis Australia Hotel Management topping the bidder list for the prized Courthouse Hotel Darlinghurst, sold for the first time in 30 years, for $22 million.  The Courthouse is an icon of the Oxford

REDCAPE TEMPTS COOTES OUT OF THE GLADDY

Posted on November 20th, 2020 by Clyde Mooney
ASX-listed Redcape Hotel Group has acquired the freehold going concern of the Gladstone Hotel Dulwich Hill in one of the largest transactions of 2020. Redcape (ASX:RDC) advises it has exchanged contracts to acquire the Gladstone Hotel, which it says will

SYNDICATE SNAPS UP CRESCENT HEAD TAVERN

Posted on November 13th, 2020 by Clyde Mooney
Popular local the Crescent Head Tavern has been sold to a consortium of eager local mates, as the Gunns of The Tav look to family matters to the south. The Crescent Head Tavern (CHT) is a large-format pub on Main

DAWES OPEN NEW ERA IN COMMERCIAL TOP PUB

Posted on November 13th, 2020 by Clyde Mooney
The “Top Pub” Commercial Hotel of Kyogle has changed hands for the first time in nearly two decades, welcoming first time hoteliers the Dawes family into the game. Port Macquarie-based owners Deb and Scott Facey have held the Commercial of

WARATAH PUB FUND SNAPS UP ROYAL ROMA

Posted on November 11th, 2020 by Clyde Mooney
The refreshed Waratah Hotel group has taken the deeds to the Royal on Ninety-Nine in Queensland cattle country Roma. The Royal Hotel at Roma was to be found on the corner of McDowell and Hawthorne streets in the heart of

COUNTRY CLUB DALBY SET TO SWING AGAIN

Posted on November 6th, 2020 by Clyde Mooney
The landmark Country Club Hotel in Dalby has sold to a new consortium of owners from Brisbane and Sydney. Taking a large corner of Cunningham St and State Route 82, about 200 kilometres west of Brisbane, the two-story pub incorporates

TERMINUS YARRAWONGA HAS A NEW NEIGHBOUR

Posted on November 6th, 2020 by Clyde Mooney
Former Neighbours star Scott McGregor has unveiled he is the owner of the newly refinished Terminus Hotel in Yarrawonga. Built 1882, the ‘Termo’ has been a reliable local for the northern Victorian town. Following the national closure in March, in

ALH PARADISE IN EDEN

Posted on November 2nd, 2020 by Clyde Mooney
Ending a quarter-century in the beer garden of Eden, the Murray family has sold its hospitality portfolio including the Great Southern Hotel to Australian Leisure & Hospitality. The family began business in the town in 1984, going on to acquire