Thriving border city Albury has seen two recent pub transactions, with sale of both the Astor Hotel and Albion Hotel. Hugging the Murray River and NSW-Victorian border, Albury LGA boasts populace of almost 80,000 residents, counting a diverse mix of blue-collar and professionals across a wide cross-section of industries, and tourism buoyed by its location […]
Rylstone’s idyllic Globe Hotel is back on the market as its first-time owners look to exit the game. Strategically positioned in the centre of the main street through town, the Globe enjoys a large 6,658sqm lot, providing guests a neat public bar, TAB, indoor gaming room with four EGMs, 14 well-appointed accommodation rooms, and ‘The
The windswept Airlie Beach Hotel is back down to earth and safely in new hands, after overcoming the ravages of Cyclone Debbie. Built 1968 on an 8,819sqm block just metres from the destination Whitsundays tourist beach, the Airlie Beach Hotel (ABH) was operated by the O’Neill family since 1982. In early 2017 the family determined
The Paradise Valley Hotel freehold going concern has been sold in a classic perpetuation of Victoria being the tightest market in the country. The Hotel is set on a big 9,916sqm block, offering a large public bar, TAB facilities, commercial kitchen and bistro seating 200, outdoor deck, beer garden and drive-thru bottleshop. It’s licensed until
Redfern’s historic Surrey Hotel is in new hands, with regional operator Adrian Guest taking the keys at the opportunity-laden pub on the city fringe. Built 1886 and continually licensed, the three-storey Surry is deemed both architecturally and historically significant by the State government. Designed in the Victorian Italianate style, it boasts an elaborate parapet and
Harvest Hospitality has put to market its freshly renovated Yass Hotel, freeing capital amid major works elsewhere in the portfolio. The Yass, formerly known as the Royal Hotel, is a classic country pub set on a large 2,028sqm corner block of main road Comur Street through town, with local heritage significance. The two-storey pub offers
The Murphy brothers are back in the game, picking up the freehold going concern of Singleton’s Imperial Hotel. In July freehold owners Walker Douglas Group (WDG) teamed up with lessee Callen Hotels to offer the business and property to a robust market starved of opportunity, particularly in sweet-spots such as Newcastle and surrounds. The Singleton
Another NSW hotelier has jumped the border, with Gerry Murphy paying circa $6 million for classic ‘Queenslander’ the Commercial Hotel at Redbank. The two-storey balcony-clad mostly timber pub was built 1915 on a generous 2,702sqm lot, in the block between the train station and M2 motorway through town. Redbank is around 30 kilometres south-west of
Kent Grogan – owner of Broo Ltd – has put to market his Sorrento Brewhouse on the Mornington Peninsula, as recent expansion in the beer business consumes his focus. The Sorrento Brewhouse is a newly-refurbished limestone building, occupying a large 1,485sqm site with prime street frontage, and rear access. It offers a new public bar,
The Walker Douglas Group has teamed up with Callen Hotels to offer the freehold going concern of Singleton’s handsome Imperial Hotel. The ‘Impy’ Singleton overlooks main drag John Street, just off the New England Highway through town, around an hour’s drive north-west of Newcastle. Walker Douglas Group (WDG) has had a long and active interest
WALKER DOUGLAS AND CALLEN OFFER UP SINGLETON SOVEREIGNTY Read More »
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