Brisbane developer Terry Harmer has listed the business opportunity of the refurbished Terranora Tavern, in the newly appointed Terranora shopping centre. Harmer boasts a background in shopping centre development, and around two years ago bought from United Petroleum the entire Terranora site, which was almost empty, and the pub closed. Terranora is a coastal town […]
Riversdale has ended speculation of a complete sell-down with the purchase of the Lambton Park Hotel in suburban Newcastle. The pub was bought around three years’ ago by a partnership of three newcomers to the industry, who went on to also buy Sydney’s Haymarket Hotel. The trio put the Lambton Park – locally known as
The Marlow Hotel Group has secured the huge Peachtree Hotel in Penrith, following less than a year’s ownership by ASX-listed property developer, Boyuan Holdings. Chinese development company Boyuan Holdings Limited (ASX: BHL) bought the big Penrith pub last October from long-time owner Colin Parras, paying $15.5 million. The Peachtree Hotel – locally known as The
The highly successful O’Brien Group has secured a foothold in Sydney with the lease rights purchase to Singleton’s iconic Icebergs in Bondi. The internationally renowned Icebergs Dining Room & Bar (IDRB) occupies 675sqm on the top level of the three-storey building standing over the heritage-listed Bondi Baths, built on Crown land, facing north-east across the
O’BRIEN GROUP LANDS SINGO’S BONDI BEACH ICEBERGS Read More »
US hospitality giant Delaware North has confirmed settlement on two of potentially many pub purchases in Queensland, as it exits the race to a JV with Coles’ Spirit Hotels. Founded in 1915, Delaware North (DN) operates hundreds of hospitality venues across four continents, employing over 60,000 people and serving over half a billion customers annually.
DELAWARE SETTLES BIG BUYS IN BRISBANE, PASSES ON COLES Read More »
First-time owner Tim Ireson and family have taken hold of Orange’s Ophir Tavern, with plans and plenty of opportunity on a great site in the growing town. The Ophir is set on a big 9,171sqm block zoned B6, and one of just two pubs in the eastern side of Orange. For a dozen years it
Ending two decades reign, the O’Sullivans have divested their iconic Essendon local. Previously a butcher shop and a hardware store, the family bought the Mt Alexander Rd site in 1988 and created an Irish-themed pub they eponymously called O’Sullivan Hotel. Eighteen years later, a major refurbishment produced a change in direction and name, as an
Just weeks after the freehold sold, Bon Vivant Group has sold its lease at South Melbourne’s popular local The Montague. In February the Fermanis family announced the sale of the freehold of the Park Street pub, following an unsolicited offer Noel Fermanis said was “too attractive to ignore”. The $3.3 million sale of the freehold
Local identity and horseracing enthusiast Bill Hilton has sold his twice-built and long-run Quakers Inn for $24 million. Hilton built the large-format Quakers Inn back in 1991, with then business partner Nick Peters. Peters was the face of Peters Meats, and held other hotel interests, going on to sell El Rancho, now The Ranch, to
Redcape has bucked recent trends and sold its suburban heartland pub, the Doonside Hotel. The Doonside occupies a big 7,278sqm town centre site in the western Sydney suburb, around 50 kilometres out of the Sydney CBD. Features include public and lounge bars, TAB, drive-thru bottleshop, beer garden, extensive car parking, and gaming room with 26
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