Property

BALMAIN EXITS ERSKINEVILLE WITH SWANSON SALE

Posted on May 24th, 2017 by Clyde Mooney
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

RIVERSDALE’S KINSELAS – SALE WITH UNIVERSAL APPEAL

Posted on May 22nd, 2017 by Clyde Mooney
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

DUCK INN TO MAKE SPLASH WITH NEW OWNER

Posted on May 19th, 2017 by Clyde Mooney
  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

BILL & SAM BUY EXCELLENT ALFRED

Posted on May 19th, 2017 by Clyde Mooney
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

BALMAIN TOWN HALL HOTEL SOLD BUT SAVED

Posted on May 12th, 2017 by Clyde Mooney
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

SAND HILL ROAD SECURE MELBOURNE ICON THE ESPY

Posted on May 10th, 2017 by Clyde Mooney
After weeks of speculation, Sand Hill Rd have finally confirmed their purchase of the iconic Esplanade Hotel – The Espy – taking on the challenge of reviving one of Melbourne’s cultural institutions. The five-level building graces The Esplanade, St Kilda,

HOT MARKET SEES COOLIBAH HOTEL FETCH $40m

Posted on May 5th, 2017 by Clyde Mooney
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

LION LONG-TIMER BUYS INTO GAME AT ROYAL HOTEL

Posted on April 28th, 2017 by Clyde Mooney
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

GALLAGHER BUYS BIG-BONES TERRIGAL PUB FOR $28m

Posted on April 26th, 2017 by Clyde Mooney
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

SOLOTEL WINS ON RIVERSDALE’S MARLBOROUGH SUPER-PUB

Posted on April 12th, 2017 by Clyde Mooney
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