BLUE SKY IN CROOKWELL COUNTRY
Hitting the market this week is the Crookwell Hotel outside of Goulburn, coming with textbook upside atop a strong mixed revenue business. Crookwell is a town in the NSW southern tablelands, north-west of Goulburn, around 200 kilometres inland of Wollongong.
CAIRNS CENTRAL OFFERS OPPORTUNITY
Amid major works and investment in the area, a vacant hotel operation has come to market at Cairns’ historic Central Hotel. The striking two-storey Queenslander was built on the corner of Lake and Spence Streets in the heart of the
LAUNDY BANKS IN MAITLAND
Furthering the Hunter’s quest as one of the country’s hottest regions for pub property, industry icon Arthur Laundy has snapped up the Clancys’ The Bank at Maitland. Going coastal from Sydney, in 2010 Terry and Tammy Clancy bought up the
O’KEEFE FINDS GOLD IN NEW WESTEND
Awarded hotelier Cam O’Keefe has relaunched Geelong’s iconic Eureka Hotel following an extensive makeover, ushering in the smart new Westend to the foodie precinct. Built 1850 and licensed since 1853, the Eureka is recognised as the city’s second-oldest continually licensed
50-YEAR OWNERS SELL SUBIACO TO LOCALS
After 50 years in the same hands, Perth icon the Subiaco Hotel has been bought by dynamic local publicans Dave Allan and Lawson Douglas. Michael and Judy Monaghan acquired the historic pub business in the late 60s, and bought into
FAT LADY SINGS FOR CAPTAIN COOK
Shortly following the announcement of its sale by receivers, Paddington’s Captain Cook Hotel has been put into drydock, taking its final curtain call over the weekend. Built 1914 on the corner of Flinders Street and Moore Park Road, opposite what
CARLTON ZERO QUENCHING NEW MARKETS FOR CHANGING CUB
Carlton & United Breweries continues its quest to retain market dominance, embracing its new markets and vying for credibility even as it is readied for new owners. Consumer trend research continues to find major growth in the low- and no-alcohol
DIAGEO GREETS SPRING WITH INFUSIONS
Recognising changing consumer demands, global drinks giant Diageo has released a low-ABV, low-calorie drink born for contemporary socialising. Smirnoff Infusions is based in the acclaimed vodka, with the addition of natural botanicals. It is 20 per cent ABV, and intended
THE LEGEND OF NORMANBY RETURNS
Jaz Mooney’s Pelathon Management Group has revealed its big-budget revival of Brisbane’s historic Normanby Hotel, taking the heritage-listed footy pub ‘back to its roots’. Built 1890, the Normanby embodies the history of Brisbane, in its growth and prosperity. It is
HUNT SEEKS INVESTORS IN $50m PUB FUND
Newcastle-based hotelier Stephen Hunt has been courting investors to double the size of his hotels fund to $50 million, following strong growth and robust returns. SJH Hotel Fund, run by Hunt Hospitality, owns hotel trusts around the Lakeside Village Tavern