Property

ALBURY’S ALBION AND ASTOR AWAY

Posted on October 25th, 2019 by Clyde Mooney
Thriving border city Albury has seen two recent pub transactions, with sale of both the Astor Hotel and Albion Hotel. Hugging the Murray River and NSW-Victorian border, Albury LGA boasts populace of almost 80,000 residents, counting a diverse mix of

GERNER SAVES THE CONTI AS SALE FAILS

Posted on October 18th, 2019 by Clyde Mooney
Signalling the end of a complex period and unforeseen developments, hotelier Julian Gerner has secured arrangement to retain ownership of the iconic Continental Hotel. After acquiring the site in 2015, Gerner took on property developer Stellar as a partner in

RAFFENS SNAG HAWKESBURY WINDSOR IN RETURN TO ROOTS

Posted on October 16th, 2019 by Clyde Mooney
Local favourite the Hawkesbury Hotel in historic Windsor has been saved by the sale, as second-time owners Steven and Lauren Raffen take the reins. The multi-level Hawkesbury Hotel resides on a 1,529 sqm block on the corner of George and

MERIVALE MIGRATES SOUTH FOR $34 MILLION

Posted on October 14th, 2019 by Clyde Mooney
Justin Hemmes’ Merivale has won the race to White & Partners’ big-performing Allawah Hotel for around $34 million. The two-storey Victorian Allawah Hotel strikes a commanding pose on 1,290sqm opposite the train station on Railway Parade through Allawah. It is

VEGAS SELLS AS KINGS CROSS SMOULDERS

Posted on October 9th, 2019 by Clyde Mooney
Former top gamer the Vegas Hotel has sold in in-transition Kings Cross for circa $25 million, as the precinct continues to evolve from high-life to high-end living. The Vegas is one of the stalwarts of the previously notorious party precinct,

MPK GROW IN MUDGEE AND ORANGE

Posted on October 9th, 2019 by Clyde Mooney
MPK Hotels has significantly expanded its portfolio with the well-timed acquisitions of both the Royal Hotel in Orange and Federal Hotel in Mudgee. A quintessentially Australian pub, the striking Royal Hotel stands like an advertisement for Art Deco on Lords

A NEW ERA FOR THE EMPIRE

Posted on October 2nd, 2019 by Clyde Mooney
Goulburn’s Empire Hotel is a freehold going concern again, with a new publican buying the re-stapled freehold and operation. In August private owners of the title joined with long-time operator Allan Deeth to send the pub to market. The Empire

AIRLIE BEACH HOTEL CONQUERS DEBBIE

Posted on September 27th, 2019 by Clyde Mooney
The windswept Airlie Beach Hotel is back down to earth and safely in new hands, after overcoming the ravages of Cyclone Debbie. Built 1968 on an 8,819sqm block just metres from the destination Whitsundays tourist beach, the Airlie Beach Hotel

LAUNDY BANKS IN MAITLAND

Posted on September 25th, 2019 by Clyde Mooney
Furthering the Hunter’s quest as one of the country’s hottest regions for pub property, industry icon Arthur Laundy has snapped up the Clancys’ The Bank at Maitland. Going coastal from Sydney, in 2010 Terry and Tammy Clancy bought up the

50-YEAR OWNERS SELL SUBIACO TO LOCALS

Posted on September 25th, 2019 by Clyde Mooney
After 50 years in the same hands, Perth icon the Subiaco Hotel has been bought by dynamic local publicans Dave Allan and Lawson Douglas. Michael and Judy Monaghan acquired the historic pub business in the late 60s, and bought into