Wesfarmers’ Coles is looking to exit the NSW pub game, listing the Central Coast’s Northlakes Tavern as it focuses on off-premise-heavy Queensland. Coles and Woolworths have been feeling the squeeze in the retail world in the wake of Aldi’s influence, and engaging in a battle for market share. Since Wesfarmers’ 2007 purchase of the Coles […]
Adam Sherman has put to market his elegant Mary Ellen Hotel in the Newcastle suburb of Merewether, offering a growth trajectory in the newly refreshed pub. Local resident Sherman purchased the Mary Ellen off-market just 15 months ago, entering the hotel industry after several decades of business ownership, most notably 15 years owning and 12
The idyllic Stradbroke Island Beach Hotel has come to market, as the dominant hospitality business on the Queensland tourist destination. The Hotel, known as Straddie Day Spa for its resort-style facilities, occupies a big 3,267sqm headland site at Point Lookout – the eastern-most point on the Queensland coast – offering panoramic ocean views and direct
Abbotsford’s storied Retreat Hotel will go under the hammer as a vacant freehold, to optimise the buyer pool for the development potential site. Built in 1915, the modest and aptly named Retreat is a local landmark, on the corner of Nicholson and Stafford Streets, in suburban Abbottsford, around four kilometres out of the Melbourne CBD.
An unnamed buyer has secured the blank canvas freehold of Melbourne’s promising East Brunswick Hotel at auction for $4.4 million. The former CUB pub on the corner of Lygon and Albert Streets has seen several incarnations over the years, and recently enjoyed a reputation for live music, respected for its mandate to play up-and-comers. In
The Dash family are looking to part with their Warragul stalwart, the reinvented Railway Hotel. The family has a history in pubs, previously owning Warragul’s O&H Hotel, and currently freehold of the Dava Hotel in Mount Martha. The family will have held the Railway for 12 years in February. The Railway is one of only
Universal Hotels has landed a trifecta in Taylor Square with acquisition of Pelathon’s Darlinghurst icon, the Oxford Hotel. The pub on the corner of the eponymous Oxford Street and Bourke Street went through several name changes and minor geographical repositioning between being first licensed in the 1850s and being demolished to facilitate road widening in
OXFORD HOTEL MEANS TAYLOR SQUARE HATTRICK FOR UNIVERSAL Read More »
After half a decade at the helm, Dave Kerr is passing the baton on his Carlton pub, The Beaufort. Kerr took on operation of the Clare Castle Hotel over five years’ ago, and brought it into the twenty-first century in line with the area’s up-and-coming populace. “We transformed it from what was an Italian restaurant
ALH has divested the freehold going concern of its Brighton Hotel in Mandurah, a strong auction drawing $3.7m for the former Compass pub. Australian Leisure & Hospitality (ALH) bought up the entire 12-venue portfolio of the failed Compass Group for $86 million in 2011, and has continued operation since on all but one. The Brighton
After more than four decades at the bar, the Aidone brothers have sold their beloved Central Club Hotel in North Melbourne for a record-setting $7.925 million. The two-storey Central Club Hotel sits on a corner of Victoria Street, with triple street frontage. In recent decades it has become surrounded by new residential, hotel and student
LONG-STANDING AIDONE BROTHERS SCORE WITH CENTRAL CLUB HOTEL Read More »
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