Property

BALD FACED HOTEL SALE: LEVY SELLS AND STAYS

Posted on April 20th, 2018 by Clyde Mooney
Marcus Levy’s Marvan Hotels has executed a reversal of fortune, with the sale and leaseback of its Leichhardt pub the Bald Faced Stag. Marvan bought the pub a few years’ ago for circa $4.5 million, with a few potential outcomes

CHAPPELL TAKES BET ON TATTS

Posted on April 13th, 2018 by Clyde Mooney
Narrabri’s Tattersalls has sold to first-time freeholders, ushering a new era for a veteran publican and closing a door for another. Ian Negline and family reside and own pubs and caravan parks in the Central Coast, as well as they

MARVAN TAKES KEYS AND BIG PLANS TO HOTEL DELANY

Posted on April 11th, 2018 by Clyde Mooney
Marcus Levy’s Marvan Hotels has taken the keys to the legendary Hotel Delany – The Del – tipped to be Newcastle’s next best pub. The 1924-built Delany came to market last November following years of unsolicited offers, agents predicting its

HUNT NOTCHES UP NUMBER SIX AT PORT MAC

Posted on April 6th, 2018 by Clyde Mooney
Stephen Hunt is channelling the luck of the Irish, taking on his sixth pub with Port Macquarie’s Finnians Tavern. Eight months after a vacation that saw him snap up the Ocean View Hotel in Urunga, near Coffs Harbour, the Hunt

HARVEST GROW WITH THIRD TAMWORTH PUB

Posted on March 28th, 2018 by Clyde Mooney
The team behind Tamworth’s Pig & Tinder Box and Court House Hotel have taken over the music-town’s “premier live entertainment venue”, the Albert Hotel. Around five hours north-west of Sydney, Tamworth is a community of over 60,000 residents that swells

TWO NEW OWNERS ENTER BIG-TRADING CROSSROADS HOTEL

Posted on March 26th, 2018 by Clyde Mooney
The Macintosh family has parted with their beloved Crossroads Hotel at Narrabri, having rebuilt and expanded upon the 1861 pub. After being closed for many years, the hard-working family of five orchestrated every aspect of the old building’s restoration, from

JDA TAKES FULL OWNERSHIP AT AUCTION OF PADSTOW PARK

Posted on March 21st, 2018 by Clyde Mooney
Following an international EOI campaign, the Padstow Park Hotel has sold under the hammer to incumbent operators JDA Hotels. The Padstow was purchased in 2014 by White & Partners for $13.7 million from Coles’ Spirit Hotels, with John Feros’ JDA

WINEMAKER TEMPTED INTO LEURA’S ELEGANT ALEXANDRA

Posted on March 21st, 2018 by Clyde Mooney
A former publican turned winemaker is back in the game after snapping up Leura’s beautiful Alexandra Hotel, in the lower Blue Mountains, outside of Sydney. Once upon a time, Greg Perrett was proprietor of the Bellbird Hotel in the Hunter

INSTANT PORTFOLIO FOR MYSTERY BUYER TO MOUNT ISA

Posted on March 14th, 2018 by Clyde Mooney
Two adjacent pubs in mega-mining town Mount Isa have sold in one deal from one private group to another. The Red Earth and Isa Hotels have been part of the stable of a well-known Brisbane-based hotel group, sharing adjoining boundaries

TOOHEY MOVES IN TO RESCUE THE RETREAT

Posted on March 12th, 2018 by Clyde Mooney
After heading to market as a vacant possession to optimise the buyer pool for its potential redevelopment, the storied Retreat Hotel has been bought to stay a pub for a long time yet. Listing in January, the modest Retreat is