CBRE Hotels

SWEET PROSPECTS FOR KALAMIA HOTEL SALE

Posted on July 9th, 2018 by Clyde Mooney
The booming Kalamia Hotel has come to market, in the hearts of 1,000 local backpackers working year-round in the precinct. Ayr is around 90 kilometres south of Townsville, and known as the sugarcane capital of Australia. The Kalamia Hotel occupies

CHAAYA’S SALE AND LEASEBACK OF THE BAY HOTEL

Posted on June 4th, 2018 by Clyde Mooney
Melbourne publican Andre Chaaya is cashing in the title to his popular Bay Hotel, so he can take it to another level. Chaaya has owned the operation at the Bay in Mordialloc in south-east Melbourne since 2013, and two years

O’SULLIVANS EXIT FORMER O’SULLIVAN HOTEL

Posted on May 30th, 2018 by Clyde Mooney
Ending two decades reign, the O’Sullivans have divested their iconic Essendon local. Previously a butcher shop and a hardware store, the family bought the Mt Alexander Rd site in 1988 and created an Irish-themed pub they eponymously called O’Sullivan Hotel.

ZAGAME FAMILY EXIT $300m PORTFOLIO

Posted on May 9th, 2018 by Clyde Mooney
The entire portfolio of the Zagame family has come to market with an expected price of $300 million, representing the biggest single gaming portfolio ever offered in Victoria. The portfolio consists of five gaming-centric hotels around Melbourne, as well as

REIDS TO BOW OUT OF WATERTOP WONDER THE BREAKWATER

Posted on May 9th, 2018 by Clyde Mooney
The picturesque and award-winning The Breakwater is for sale, as the long-serving Reid family decide it may be time to do something different. The Breakwater is a Perth institution, located literally atop the idyllic Hillarys Boat Harbour, which sees a

COLLINGWOOD SWEETHEART GRACE DARLING HOTEL UP FOR GRABS

Posted on May 7th, 2018 by Clyde Mooney
The team behind Collingwood’s beloved Grace Darling Hotel are hanging up the bar mats, listing the business into the tight Victorian market. Enjoying a prominent corner in the middle of Smith Street, central to Melbourne’s most diverse and in-demand precinct,

PERTH CORNERSTONE ALE HOUSE FOR SALE ANY WAY

Posted on May 4th, 2018 by Clyde Mooney
The Gastevski Group is offering a unique sales opportunity around its big Cornerstone Ale House in Perth’s growing northern suburbs. The CornerStone opened in 2011 and occupies a 3,144sqm block within the Brighton Estate, proximate to Estate residents as well

HOTEL FORMERLY KNOWN AS O’SULLIVAN’S HITS MARKET

Posted on April 20th, 2018 by Clyde Mooney
After 20 years creating a local icon, the O’Sullivans are calling time on the pub game, listing their pub long known as the O’Sullivan Hotel. The site of 914 Mt Alexander Rd Essendon has served the community in a variety

MARVAN TAKES KEYS AND BIG PLANS TO HOTEL DELANY

Posted on April 11th, 2018 by Clyde Mooney
Marcus Levy’s Marvan Hotels has taken the keys to the legendary Hotel Delany – The Del – tipped to be Newcastle’s next best pub. The 1924-built Delany came to market last November following years of unsolicited offers, agents predicting its

ST KILDA INSTITUTION GROSVENOR HOTEL ON OFFER

Posted on April 6th, 2018 by Clyde Mooney
The large-format Grosvenor Hotel on Melbourne’s outskirts has been listed, boasting a short-term tenant and big development opportunity. The Grosvenor was built in 1860 as a coach stop for the Brighton Road pilgrimage, beside the new rail line connecting the