Hot on the heels of the recent sale of Balmain’s Town Hall, and listing of North Sydney’s historic Greenwood, Balmain Pub Group announce the sale of its inner-west Swanson Hotel. Located on Swanson St, Erskineville, the former Kurrajong Hotel saw an extensive refurbishment under Balmain Pub Group (BPG) that introduced a new 80-seat restaurant and […]
The Kospetas family’s Universal Hotels has secured Riversdale’s iconic Kinselas Hotel, stepping up its strategy around embedding modern hospitality in historic settings. Rumours the three-level landmark at Oxford Street’s Taylor Square was on the market began late last year, even before the Marlborough Hotel was officially listed, and before the surprise sale of three Riversdale
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As Sydney freeholds continue to sell like hotcakes, a private investor has landed the deeds to Chippendale’s Duck Inn. Tucked into Chippendale’s Rose St, a stone’s throw from Sydney University, the Duck Inn Pub & Kitchen is a popular gastro pub that in recent years has been owned by a syndicate of five passive
Sydney stalwart publican Bill Smith has teamed up with Sam Smith to buy ‘locals pub’ the Alfred Hotel, in city-fringe Camperdown. Established in 1939, the Alfred was originally the Grose Farm Hotel, built in Art Deco style with curved walls and parallel lines, and the quintessential wall tiles, in burnt yellow and green. Situated on
Balmain Pub Group has confirmed its sale of Balmain’s Town Hall Hotel, and the new owner confirmed he will be mixing things up. After some speculation, particularly that of the Mayor of (the former) Leichhardt Council, Darcy Byrne, heralding the beloved local pub’s imminent demise, Balmain Pub Group (BPG) has revealed that its Town Hall
After weeks of speculation, Sand Hill Rd have finally confirmed their purchase of the iconic Esplande Hotel – The Espy – taking on the challenge of reviving one of Melbourne’s cultural institutions. The five-level building graces The Esplanade, St Kilda, and was once a resort mecca for the wealthy and famous. Facing west over Port
Continuing the wave of hot transactions, the biggest for two years has gone down, with the top-ranked Coolibah Hotel in Merrylands selling for around $40 million. The very private family-run Vlandis group, led by Peter Vlandis and his son-in-law Michael Samios, operate several western Sydney pubs, including Bankstown’s popular Three Swallows Hotel. Recognising market opportunity,
After decades selling drinks to them, former Lion director Frank Arangio has slipped onto the other side of the bar, buying Wyong’s Royal Hotel for nearly $7 million. Continuing the flow of sales of NSW coastal hotels, Arangio bought the Royal at Wyong alongside wife Marney, and in partnership with industry stalwart, publican Pat Gurr
Irish pub king Patrick Gallagher has bought his biggest pub yet – paying $28 million for the Terrigal Hotel and a ‘return to his youth’. Gallagher describes the area around his latest purchase as ‘special’ and recalls family visits “just about every weekend” when he was young(er), but the sale still exemplifies that opportunity waits
The six-week all-star campaign for the Marlborough Hotel has culminated with Bruce Solomon and celebrity chef partner Matt Moran taking the keys for $33 million. John Singleton, Geoff Dixon and Mark Carnegie’s $300m Australian Pub Fund (APF) began offering its Riversdale assets to the stock-starved pub market last November with rumours the large-format Marlborough, popularly
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