NEWMARKET ON NEW OFFER IN NEW ERA FOR TOWNSVILLE
LINQ is charging ahead with its big plans and project in Townsville, offering the renovated Newmarket Hotel icon and a revised approach to hospitality assets. Leisure Investment North Queenland (LINQ) is a group of hospitality veterans headed up by Richard
NSW REGULATOR CONFIRMS PUB AMNESTY AS DRUG USE ON A HIGH
Following the new drug monitoring requirements in NSW pubs keeping incident registers, Liquor & Gaming has confirmed venues won’t be held to blame, as drug culture in society continues to evolve. Liquor & Gaming NSW introduced new measures in the
MERIVALE OPENS ROYAL BONDI WITH BOTTOMS UP
Merivale has reopened its new Bondi icon, the Royal Hotel, ushering a preserved past, pop-up dining concept on the way, and half-price drinks throughout October. Justin Hemmes’ pioneering group snatched the iconic Royal Hotel on Bondi Road in late 2017,
IRIS UNVEILS BIG-BUDGET RENO AT WENTWORTH HOMEBUSH
Iris has loosed the purse-strings again in the name of optimising its big-format Wentworth Hotel, striking a prominent and handsome pose on Parramatta Road in Homebush. Sam Arnaout’s Iris Capital bought the two-storey brick heritage pub beside one of Sydney’s
PELATHON FLIP QUEENS HOTEL FOR ROYAL RETURN
Pelathon has flipped another big-trading Queensland pub, demonstrating its buy and sell strategy as the tide begins to shift in the coastal resources town. Jaz Mooney’s Pelathon Pub Fund acquired the somewhat tired Queens Hotel late 2017, and in keeping
HPI DIVEST COLES’ WICKHAM ON TIGHT RETURN
Hotel Property Investments has divested its freehold interest in the Coles-tenanted Wickham Hotel in Fortitude Valley on a sharp yield not seen in the state for a decade. The ASX-listed HPI holds in excess of 40 venues in Queensland and
HUNT HANDS RUTHERFORD BATON TO O’HARA-MALLOY
Hunt Hospitality is executing a strategic sell-down to capitalise on the high level of interest in the Hunter Region, kicking off with sale of the award-winning Rutherford Hotel to the growing O’Hara-Malloy collection. The pub is a large-format broad business
NULLARBOR HOLDINGS LET LOOSE $30m OUTBACK PORTFOLIO
A rare collection of three outback mixed-use hospitality assets has come to market, boasting $20 million revenue and a $30 million price tag. Private Brisbane company Nullarbor Holdings has listed its portfolio, comprising Erldunda Roadhouse in the Northern Territory, and
PALACE STARS IN BROKEN HEEL FESTIVAL SUCCESS
The red centre has been set ablaze again with the fourth annual Broken Heel Festival booming and breaking records over the weekend. The four-day festival is a celebration of the appearance of Broken Hill – aka the ‘Silver City’ –
BALLARAT’S BLUESTONE HITS VICTORIAN BEDROCK MARKET
The freehold Investment of Ballarat Central’s ‘The Bluestone’ has come up for sale, offering an historic ‘blue-chip’ asset in Victoria’s tight market. The Bluestone is a three-level structure on 728sqm that has seen significant capital expenditure, bringing state-of-the-art facilities. Holding
