CBRE Hotels

FRASER SHORT TAKES ON SIR GEORGE

Posted on November 26th, 2021 by Clyde Mooney
High-profile hotelier Fraser Short has picked up the acclaimed and rescued Sir George Hotel of Jugiong for $14 million. Vendors on the sale were mother-daughter duo Liz Prater and Kate Hufton, who acquired the dilapidated Hotel in 2015 and undertook

PIPER EXPANDS INTO Q STATION

Posted on November 24th, 2021 by Clyde Mooney
Harbord hotelier Glenn Piper has signed to take on the long-term lease of Manly’s historic Q Station. Q Station was Australia’s longest continuously operating quarantine station, until its closure as an operational maritime facility in March 1984. It was operated

AWARD-WINNING FLOWERDALE HOTEL FOR SALE

Posted on November 12th, 2021 by Clyde Mooney
The picturesque Flowerdale Hotel is being sold by its acclaimed owner-operators as they prepare to ride off into the sunset. Set on a sprawling 6,753sqm of Whittlesea-Yea Road, the well-known and multi- AHA Vic award-winning country pub is around 80

RARE FLYING DUCK SALE TAKES OFF

Posted on November 8th, 2021 by Clyde Mooney
A rare opportunity has come to the Victorian market, with sale by the Inge Group of the freehold and business interest of popular Melbourne city-fringe pub the Flying Duck. Located on Bendigo Street in Prahran, the two-level Duck sits on

AVC LETS GO DARLING & CO

Posted on October 15th, 2021 by Clyde Mooney
Australian Venue Co has divested its leasehold interest in Darling & Co, in Brisbane, to local sweethearts Catchment Brewing Co. Located in the Queensland capital’s affluent suburb of Paddington, the chic bar-restaurant previously incorporated a charter cruise business on the

SIR GEORGE SPIES HOT MARKET

Posted on September 22nd, 2021 by Clyde Mooney
Entering the procession of large-format regional operations hitting the market amid surging opportunity, the iconic Sir George Hotel is being offered for sale. Located on the M31, a major travel route between Sydney and Melbourne, and Canberra and Wagga Wagga,

MOONEY HEDGES BETS WITH STRONGHOLD STAKE

Posted on September 8th, 2021 by Clyde Mooney
Jaz Mooney’s Oxford Hotels has executed a sale-and-leaseback at its Grand Hotel, making hay in a hot market ahead of lingering uncertainty. Stronghold Investment Management, based in Brisbane, has paid a reported $13 million for the freehold of the landmark

ALH PUB SALE SETS NEW BENCHMARK

Posted on August 18th, 2021 by Clyde Mooney
Sale of ALH’s Tudor Inn has set a new high water mark for the asset class, as the first in blue chip divestments to dip below a four per cent yield. Set on a big 4,789sqm site on a corner

STAR GROUP SEES BLUE SKY IN TOWNSVILLE

Posted on August 4th, 2021 by Clyde Mooney
Star Hotels’ expansion and diversification continues with purchase of the Central Hotel in Townsville. Steven Shoobridge’s Star Group lays claim to being Queensland’s largest independently owned and operated pub and liquor retail chain. The company moved into hospitality in 1996

FORESTERS FOR FAMOUS FOUR

Posted on July 16th, 2021 by Clyde Mooney
Nightclub operator Famous Four P/L is the new owner of the Foresters Beer & Music Hall, in Collingwood’s latest pub deal. Following Julien Moussi’s Only Hospitality Group purchasing the Robert Burns Hotel in late June, Famous Four has snared the