A Sydney hotelier has crossed the bridge to buy Balmain Pub Group’s famous Greenwood Hotel for just over $10 million, with plans to carry on the tradition of the 1878 former church. BPG announced the sale campaign of its picturesque sandstone pub in late April, principal Nick Wills revealing “the timing is right to re-evaluate” […]
TILLEY SNAPS UP BALMAIN PUB GROUP’S GREENWOOD HOTEL Read More »
Pelathon has listed its burgeoning Lake Macquarie Orana Hotel, as it deploys capital to its expansion in the Sunshine State. Jaz Mooney’s Pelathon Management Group (PMG) secured the coastal pub last year, via the estate settlement of long-time owner Malcolm Downie. PMG executed a million dollar “top to bottom” renovation on the tired local, refurbishing
Hot on the heels of the recent sale of Balmain’s Town Hall, and listing of North Sydney’s historic Greenwood, Balmain Pub Group announce the sale of its inner-west Swanson Hotel. Located on Swanson St, Erskineville, the former Kurrajong Hotel saw an extensive refurbishment under Balmain Pub Group (BPG) that introduced a new 80-seat restaurant and
Balmain Pub Group has confirmed its sale of Balmain’s Town Hall Hotel, and the new owner confirmed he will be mixing things up. After some speculation, particularly that of the Mayor of (the former) Leichhardt Council, Darcy Byrne, heralding the beloved local pub’s imminent demise, Balmain Pub Group (BPG) has revealed that its Town Hall
Amid the hot run on coastal hotels radiating north and south of Sydney, long-time publican Lloyd Segerstrom and league legend Ian Schubert are divesting their resurgent Bomaderry Hotel. Segerstrom and Schubert bought the large-format pub as partners in 2014 from the Marlow Group, and set about positioning it as a family-friendly operation catering to a
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In a stock-starved market where strong regional pubs are becoming the ‘new black’ – two more Sydney-satellite freeholds will soon test the waters at a group auction. Murphy Hotels is putting up the large-format Belmore Hotel, dominating Maitland’s main street. The Art Deco building has recently seen a $2.5m facelift, modernising the business while retaining
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After decades selling drinks to them, former Lion director Frank Arangio has slipped onto the other side of the bar, buying Wyong’s Royal Hotel for nearly $7 million. Continuing the flow of sales of NSW coastal hotels, Arangio bought the Royal at Wyong alongside wife Marney, and in partnership with industry stalwart, publican Pat Gurr
As North Sydney pushes ahead with massive expansion, the Balmain Pub Group has listed its hallowed heart of the precinct, the striking Greenwood Hotel. Built as a church in 1878, the historic sandstone structure has been a hotel for just 25 years, with just two owners, the latest being Nick Wills’ Balmain Pub Group (BPG).
As development fever continues to grip Victoria, the landmark Beach Hotel site, with supermarket, has sold to a Chinese investor for around $18 million. Famed for its vibrant atmosphere and views of Port Phillip Bay, the Beach Hotel overlooks Albert Park Beach, and features bars and dining rooms, function rooms, bistro, gaming room with 32
The younger Pat Reardon is parting with his Hotel ‘goldmine’ in Richmond, as he sets off abroad. The Reardon family has operated pubs all around Melbourne, including previously the Yorkshire Stingo and Railway in Brunswick, and for 25 years now, the Rising Sun in Richmond, on which they just signed another 25-year lease. Pat Reardon
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