CBRE Hotels

PORT MELBOURNE’S MARDO’S HOTEL SOLD TO HACKS

Posted on October 16th, 2017 by Clyde Mooney
The magnificent Mardo’s Hotel has been sold to an up-and-coming craft beer operation, with plans for space for hacks and some onsite-brewing. After coming to market earlier this year, the 1860-built Mardo’s in Port Melbourne saw a lengthy sales process

GOLD COAST PUB & BOTTLE SHOPS ON OFFER

Posted on October 13th, 2017 by Clyde Mooney
The Gold Coast’s Currumbin Creek Tavern has come to market, with a big footprint and four associated bottle shops. The Currumbin pub was purpose-built by owner and vendor Tony Condon on a 1,610sqm block off the Gold Coast Highway, minutes

MERIVALE TAKES ON VIC ON THE PARK

Posted on October 11th, 2017 by Clyde Mooney
Merivale has furthered its inner-west presence with the $22+ million purchase of APF’s Vic on the Park in Marrickville. John Singleton, Geoff Dixon and Mark Carnegie’s Australian Pub Fund (APF), backer to Riversdale, has been selling down its high-value portfolio,

SOUTH MELBOURNE’S HISTORIC WATER RAT TO MARKET

Posted on October 9th, 2017 by Clyde Mooney
South Melbourne’s historic Water Rat Hotel is on the market, with a short lease and favourable zoning and development potential on the 1858 property. Druids Hotel was the original to open on the prominent corner of Park and Moray Streets,

ALE TESTS MARKET WITH BERWICK

Posted on October 6th, 2017 by Clyde Mooney
In a market probing for opportunity, Australia’s biggest pub landlord is testing the waters with one of its prized ALH-leased properties, Paddington’s Berwick Hotel. The ASX-listed ALE (ASX: LEP) holds a portfolio of 86 properties across the five mainland States,

SCHWARTZ PUTS UP $80m OF MELBOURNE HOTELS

Posted on October 6th, 2017 by Clyde Mooney
The Schwartz family has listed two big Melbourne investment properties, including the city’s oldest pub – Dixon Hospitality Group’s Duke of Wellington. Melbourne freeholds continue to lead the charge on yield benchmarks, averaging below six per cent and dipping below

TURVEY TAVERN BACK IN LOCAL HANDS

Posted on September 29th, 2017 by Clyde Mooney
The Turvey Tavern is back in the hands of a loving local, a new partnership buying the Wagga landmark for $5.6 million. A syndicate of private investors headed by David Friedlieb and Peter Douglas have owned the pub for around

FEROS LISTS TERREY HILLS TAVERN

Posted on September 22nd, 2017 by Clyde Mooney
Chris Feros has put to market his booming Terrey Hills Tavern, as the king of the south continues his domination of The Shire. Set atop one of Sydney’s most idyllic underdeveloped regions, a few kilometres inland of the upper Northern

TOP PUB BEACH HOTEL TOPS UP SALE PRICE RECORD

Posted on September 20th, 2017 by Clyde Mooney
Byron Bay’s legendary Beach Hotel has broken its own sales record, fetching $70 million from sophisticated new investors. One of Australia’s richest families is backer to the Impact Investment Group, which has expanded slightly beyond its normal investment type with

ROGERS TAKE ON HETHERINGTONS’ GUNYAH

Posted on September 11th, 2017 by Clyde Mooney
Campbell Rogers has grown his footprint of Central Coast pubs, purchasing the Gunyah Hotel from rugby league families the Hetheringtons and the Mullins’. League legend brothers Brett and Jason Hetherington and family have owned the Gunyah in Lake Macquarie with