Property

MURPHY GETS COMMERCIAL IN REDBANK

Posted on August 16th, 2019 by Clyde Mooney
Another NSW hotelier has jumped the border, with Gerry Murphy paying circa $6 million for classic ‘Queenslander’ the Commercial Hotel at Redbank. The two-storey balcony-clad mostly timber pub was built 1915 on a generous 2,702sqm lot, in the block between

ALH ACQUISITION SHAKES UP LOCALS

Posted on August 14th, 2019 by Clyde Mooney
Australia’s largest pub group has gotten a little larger on its road to independence, looking to shake up Ingham with a big-budget revival of the troubled East Ingham Hotel. The two-storey pub holds a generous 4,046sqm block, with main public

QUEENSLANDER HEADS TO FRISCO

Posted on August 14th, 2019 by Clyde Mooney
A Queensland-based hotel investor has secured Woolloomooloo’s heritage-listed Frisco Hotel from the Micola family. The Frisco occupies a tidy 304sqm corner lot in Sydney’s historic wharf district, built back in 1856 to serve the public house needs of the local

IRVIN TAKES COOLANGATTA GOLD

Posted on August 7th, 2019 by Clyde Mooney
Irvin Hotel Group has furthered its northern interests with the big-ticket buy of Taphouse Group’s striking Coolangatta Sands Hotel. Earlier this year Irvin sold the Belmont Hotel in Newcastle to Don Hodge Group, stating intentions to reinvest the capital. Irvin

GOOD BEER LANDS COMMODORE HOTEL

Posted on August 2nd, 2019 by Clyde Mooney
Good Beer has found its way north of the Bridge, bringing Graham Campion’s Commodore Hotel into the fleet for close to $18 million. Campion and family have long owned high-performing north shore landmark the Longueville Hotel, but ventured a few

REDCAPE SNAPS UP PIG N’ WHISTLE LEASE

Posted on August 2nd, 2019 by Clyde Mooney
The newly-llisted Redcape has snapped up the lease on Mantle Group’s Pig N’ Whistle operation at Redbank Plains for $11.5 million. Redbank Plains’ Pig N’ Whistle is one of five locations in a chain under Mantle Group Hospitality (MGH), along

SYDNEY HOTEL NEEDING HOME HITS MARKET

Posted on July 24th, 2019 by Clyde Mooney
The recently homeless Martin Place Bar has come to market, in a rare example of opportunity in the tightly held Sydney hospitality and property market. Formerly located on pedestrian thoroughfare Martin Place in the heart of the CBD, Martin Place

WYNNE WYNNE IN ROYAL RICHMOND

Posted on July 17th, 2019 by Clyde Mooney
In an era dominated by corporate consolidation, long-time owners Mal Russell and family have divested their big Richmond landmark to in-limbo industry stalwarts Peter and Karen Wynne, for a hot market price. Built 1848, the Royal Hotel occupies a generous

COMISKEYS BRING HISTORY AND FUTURE TO SAMFORD HOTEL

Posted on July 17th, 2019 by Clyde Mooney
The award-winning Comiskey Group has announced its latest endeavour, beginning with taking ownership of the Samford Valley Hotel. The family-owned Queensland company boasts a history of strategic operations in hotels and shopping centres spanning more than 30 years, as seen

PRIVATE BUYER SNAPS UP HARBOUR VIEW

Posted on July 10th, 2019 by Clyde Mooney
The freehold Harbour View Hotel has sold to a private buyer thought to be looking at its real estate prospects in Sydney’s historic The Rocks. A high net worth individual believed to be from the provedore sector has paid close