Fitzroy’s thumping Tankerville Arms Hotel is to be sold via auction, with price expectation exceeding $20 million. The Tankerville sits on 1,087sqm on the prominent corner of Nicholson and Johnston Streets Fitzroy, just two kilometres from the heart of Melbourne. Built in 1865, the two-storey pub incorporates a bar, bistro, upstairs function room accommodating 120-pax, […]
TANKERVILLE ARMS HEADS TO RARE VICTORIAN AUCTION Read More »
Sydney publican Mark Duggan has teamed with Gary O’Donnell to secure the large-format North Nowra Tavern for close to $12 million. Duggan operates Burwood’s Avondale Hotel, and O’Donnell brings local knowledge, having formerly run Nowra’s Archer Hotel, before selling it to ALH. The sale is a continuation of the expansions being seen by metro operators,
The Brisbane Valley Tavern and Centre have come to market, offering five tenancies and underlying gaming value in one of south-east Queensland’s thriving regions. The Brisbane Valley Centre in Fernvale is a 3,174sqm block incorporating the Tavern and Motel, as well as retail tenants including a Pizza Hut, netting annual rental income close to $300k.
Laundy group has capitalised on the market for coastal freehold properties, divesting the big-format Bateau Bay Hotel for circa $13m to a growing local operator. The Laundy Hotel Group purchased the Bateau Bay Hotel (BBH) in early 2015 for around $11m, almost immediately after buying the idyllic Tea Gardens Hotel, since on-sold to patriarch Arthur
Rolly de With has listed his Premier Hotel, boasting plenty of upside and potential in the surging Central Coast market. The Premier was purchased by de With’s Castle Hotels in 2011, in a partnership between the AHA regional representative and another investor. It has been operated under management, with the award-winning Newcastle publican focusing on
As the Western Australian government continues its push for greater focus on tourism and service industries, the big-trading Byford Tavern in Perth has come to market. Located on a generous 4,313sqm block on the South Western Highway in Perth’s growing south-eastern corridor, the large-format operation incorporates a large bistro and alfresco area, sports bar, drive-through
Mal and Debra Russell are parting with their Royal Hotel in Richmond, presenting a famished market one of the best gaming opportunities to date this year. The Royal Hotel occupies a generous 1,760sqm block on the prominent corner of main roads Windsor and East Market Streets, Richmond, where a licensed premise has stood since 1848.
ROYAL RICHMOND TO MARKET HERALDS RUSSELL RETIREMENT Read More »
Perth institution The Library has changed hands for the first time in 34 years, the freehold going concern fetching $4.6 million. Entertainment Enterprises have owned the two-storey freestanding venue in Northbridge since 1983, purchasing it as Hannibal’s nightclub. The group had a growing presence in bar and dining venues, and successful hype and a launch
A Brunswick blank canvas has hit the market, offering a rare opportunity in Melbourne’s tightly-held freehold market. Occupying a commanding corner of Lygon Street, the Victorian Classical-design East Brunswick Hotel (formerly the East Brunswick Club Hotel) is a classic Victorian three-level pub, formerly part of Carlton & United Breweries massive stable. In more recent times
The large-format North Nowra Tavern south of Sydney has hit the market, as its Brisbane-based owners exit NSW and look to the interests of expansive city groups. Occupying a big 6,019m² block next to a retail centre, the North Nowra Tavern (NNT) is the only pub in that area of Shoalhaven, which is seeing strong
NOWRA TAVERN TO MARKET AS SYNDICATE RETURNS NORTH Read More »
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