The tenants and landlord of the Austral Hotel are in an ongoing legal dispute over whether or not the operators can continue at their investment, after disputes over an alleged renewal agreement. In 2020 Brettski Stewart and Ian Stewart, cousins, entered an agreement for the lease of one of Adelaide’s most popular pubs – the […]
The Isaac brothers have submitted a new plan for a major greenfield development in the Liverpool LGA, proposing a suburban pub with all the trimmings for a rapidly growing community. Isaac Property Developments P/L has entered the revised DA with Liverpool Council for the Austral Hotel, slated for 362 Bringelly Rd in Austral, in Sydney’s
Charter Hall has continued its confidence in the pub sector with another big acquisition, of the ALH-tenanted Austral Hotel in Mackay for a reported $25 million. Charter Hall began its investment in blue-chip pub assets in 2014, acquiring a $600 million portfolio leased to ALH, in partnership with Hostplus. It has since proven selective of
Another ALH plot of gold has come to market, with a private investor offering up the Austral Hotel and adjoining Dan Murphy’s Liquor Barn. Occupying 4,360 m² in the heart of Mackay, the site boasts an exceptionally long 70-year lease to Woolworths to retail liquor and its majority-owned Australian Leisure & Hospitality (ALH) to operate
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ACN. 603 201 109
ABN. 21 603 201 109
