Billionaire property doyens the Roche family have divested their ‘out of step’ Irish Tavern and Lodge in Harrington to a party of publicans led by Glenn Knight. Proprietor to the Laurieton Hotel Motel, a little south of Port Macquarie, last year Glenn Knight stepped up the portfolio with purchase of the Bago Tavern, in Wauchope, […]
The new year has already found Sydney hoteliers drawn north to Newcastle, as a partnership with Ashton Waugh and Ben Lawler take the deeds to The Commo of Cooks Hill. A classic red brick two-storey corner pub, the Commonwealth is a stoic local providing public bar, gaming room with 21 machines, 24-hour licence, and ten
Brody Peterson has divested his handsome Village Inn of upmarket Paddington to an interstate investor, as capital holders push to leverage the pub sector. Established 1850, the pub is a prominent three-level building on a 171sqm site in the inner-city suburb, located between Paddington’s famous ‘Five Ways’ and The Intersection – the unofficial home to
The stately Frisco Hotel in Woolloomooloo has been listed for sale by interstate owners, in what should be a keenly contested prize to round out 2023. Built in 1856, the Frisco is a three-level building on a commanding 304sqm corner site, just metres from Woolloomooloo’s famous Finger Wharf and central to enduring waterfront restaurants such
Marty Short and co have sold their locals-driven The Tudor Hotel of Redfern to the Kospetas family’s Universal Hotels, in a new high water mark for the city-fringe precinct. The Short and Anderson families invested in the multi-level Tudor in early 2015, proclaiming it an opportunity “too good to miss” after watching development of the
BREAKING: SHORT PASSES TUDOR COMMUNITY BATON TO UNIVERSAL Read More »
A revised Engadine Tavern and adjoining retail sites opportunity has been listed for sale, offering the large-format pub plus potential for a mixed-use redevelopment. The south Sydney suburban Tavern occupies a 2,325sqm site, surrounded by retailers such as Woolworths, Coles, ALDI, and Dan Murphy’s yet holding an exclusive catchment in the ‘underpubbed’ area, with approximately
The former headlining Riversdale group is bowing out of pubs, with stakeholders opting to sell the prominent Lambton Park Hotel, in suburban Newcastle. The pub group representing high-flyers John Singleton, Mark Carnegie and Geoff Dixon bought the LPH mid-2018 for around $6 million, after selling down its Sydney portfolio. Interests in the asset have moved
Taphouse has passed the baton on its pocket rocket New Victoria Tavern in the burgeoning Sydney industrial precinct and one pub suburb of Wetherill Park. The New Vic came to market late 2021, citing a lively sports bars and TAB facilities, function facilities, a first-class VIP lounge with 19 EGMs, and onsite parking. Sale included
Fraser Short’s Sydney Collective has sold Windsor’s Fitzroy Hotel to the growing Don Hodge Group, after owning the well-known pub for only about a year. Short teamed up late 2021 with Todd Jacques, keeper of the Sunnyside Hotel in Broadmeadow, to buy the Fitzroy freehold going concern in Sydney’s north-west, paying around $6 million. The
A Sydney syndicate has won the bid for the massive, big-potential Tahmoor Inn Hotel, owned by the extended Ryan family for more than three decades. Located in south-western Sydney’s Macarthur Region, the single level, tavern style operation occupies an impressive 2.9ha block fronting the Old Hume Highway, and opposite the recently constructed Tahmoor Business Park
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