Property

SOLMAN TICKS BUCKET AS NEWCOMER ENTERS CLUB HOUSE

Posted on May 29th, 2019 by Clyde Mooney
Brad Solman has executed his plan for early retirement, divesting the freehold going concern of Singleton’s grand old Club House Hotel. The two-level brick pub on main road John Street offers a welcoming public bar, bistro, beer garden, on-site parking

TOOMEY RETURNS TO THE GAME AT QUEENSPORT

Posted on May 27th, 2019 by Clyde Mooney
Brisbane’s “country pub in the city” – the Queensport Tavern – has been sold by its colourful long-term owners to Michael Toomey, in a return to industry. Former horse racing identity Peter Chase and race car driver Warwick Brown have

AVC + COLES EXPANSION BEGINS WITH RIVERLAND

Posted on May 13th, 2019 by Clyde Mooney
The brand new joint venture between Australian Venue Company and Coles has kicked off further expansion plans with purchase of Open Arms Hospitality’s Brisbane hot-spot Riverland. This marks the first acquisition for the newly-formed Queensland Venue Company (QVC), which sees

IRIS TAKES HOTEL STEYNE IN RECORD DEAL

Posted on May 6th, 2019 by Clyde Mooney
High-flyers Arthur Laundy and John Singleton have sold their Manly institution The Steyne to booming Iris Capital in a record deal for a Sydney freehold going concern. Built 1859, the Hotel Steyne has stood sentry over the Manly Beach for

PELATHON NEW CUSTODIANS OF NORMANBY

Posted on May 3rd, 2019 by Clyde Mooney
Jaz Mooney’s Pelathon Group has taken on another big project in self-proclaimed "Brisbane’s Best Pub” – the noble and sometimes notorious, Normanby Hotel. A living hero of Brisbane’s history since 1890, the Normanby is found on a big 3,683sqm block

SINGO SWEEPS UP GOSFORD’S BIG ELANORA HOTEL

Posted on April 26th, 2019 by Clyde Mooney
Real estate mogul ad-man John Singleton has backed his own overtures in Gosford with the big-ticket purchase of family legacy pub the Elanora Hotel. Large-format ‘The Elly’ enjoys a big 7,667sqm block on a corner of East Gosford main thoroughfare

HEMMES FORKS OUT $7.5m FOR 3 WEEDS

Posted on April 24th, 2019 by Clyde Mooney
Justin Hemmes is keeping up his growth strategy, picking up Rozelle’s 3 Weeds in a strong result for the long-time owners and the evolution of the peninsula precinct. Set on an 880sqm lot around four kilometres west of the Sydney

KELLY LOOKS TO REVIVE THE EDDY

Posted on April 17th, 2019 by Clyde Mooney
One of Bathurst’s oldest pubs is set to be revived, entering the growing portfolio of local operator MPK Hotels. The two-storey Edinboro Castle Hotel occupies a big 1300sqm plot in the middle of Bathurst thoroughfare William Street. ‘The Eddy’ has

KNOX LOCKS UP GRIFFITH AREA HOTEL

Posted on April 15th, 2019 by Clyde Mooney
Griffiths’ Area Hotel has been snapped up by local publican Jim Knox, fending off metro rivals for the strong regional pub. After 15 years’ ownership, a private syndicate determined in March to divest its Griffith hotel, which it has operated

PELATHON PUTS UP $8.5m FOR GRAND PLANS

Posted on April 12th, 2019 by Clyde Mooney
Jaz Mooney’s Pelathon Management Group has underscored its faith in high-performing Queensland regions with the $8.5 million acquisition of Cairns’ Grand Hotel. Built 1926, the stately two-storey pub offers the well-known Croc Bar – replete with its carved crocodile bar-top