CBRE

COLES PRIME FREEHOLD GOES TO MARKET IN NSW CENTRAL COAST

Posted on October 2nd, 2015 by Clyde Mooney
Continuing the trend of prime-tenanted freehold investment sales, one of Coles’ Spirit Hotels big trading pub and bottle shops is up for grabs. Located on the Pacific Highway between Gosford and Newcastle, the Northlakes Tavern was built by Coles on

40-YEAR PUBLICAN PARTING WITH HIS “CASTLE”

Posted on September 4th, 2015 by Clyde Mooney
Melbourne career publican Kevin McNamee is parting with his beloved Clare Castle Hotel, after 40 years’ ownership. McNamee has owned the since the 70s, but sold the leasehold business 15 years ago after a quarter-century operating it himself. The current

FUTURE PUB FOR SALE AS LAKELANDS DISTRICT GROWS

Posted on August 31st, 2015 by Clyde Mooney
A Perth pub has hit the market – two years ahead of its opening the doors. Slated as part of the in-progress Lakelands Private Estate, the Lakelands Tavern is being offered for Expressions of Interest by national property developer Peet

TWO MORE PUBS FOR GROWING MELBOURNE PUBLICANS

Posted on August 24th, 2015 by Clyde Mooney
The burgeoning Dixon Hospitality Group (DHG) has swooped on two more Melbourne pubs as it continues to optimise its portfolio. The Middle Park Hotel is just a couple of kilometres due south of Melbourne’s CBD, and the Newmarket Hotel is

BIG WA HUB PUB UP FOR GRABS

Posted on August 10th, 2015 by Clyde Mooney
[caption id="attachment_3288" align="alignright" width="281"] Image: Google Maps[/caption] The heart of a regional hub in WA has hit the market, with the 200-room Newman Hotel likely to attract big interest for a small town. Around 1200 kilometres north of Perth, the

BEAUMONT TO AUCTION TOP BALMAIN PUB

Posted on July 17th, 2015 by Clyde Mooney
Peter Beaumont’s Fernwood Group has put its Balmain landmark up for grabs, offering “development potential” to the hungry investor market. The 1885 Exchange Hotel is located on a 640 square metre corner block in the heart of uber-trendy Balmain. The

OXFORD ST ICON CLOSES AS LATE-NIGHT ECONOMY DIES

Posted on June 24th, 2015 by Clyde Mooney
One of the old-timers of Sydney’s Oxford Street party scene has sold, as patronage drop in the lockout zone drives property value into other options. The Exchange Hotel, at the lower end of Oxford St, near Hype Park, has been

PADDINGTON’S ‘NASH’ SNAPPED UP

Posted on May 22nd, 2015 by Clyde Mooney
The freehold of Paddington’s iconic Grand National Hotel has sold, as investor appetites broaden. Tenanted by Lance Burrowes’ LJB Hotels on a long-term lease, the “Nash” Hotel is in fact one of the largest single land holdings in the highly

‘TROPHY’ PUB SMASHES PRICE EXPECTATIONS

Posted on May 13th, 2015 by Clyde Mooney
The auction of “trophy asset” the Imperial Hotel smashed price expectations, as Victoria’s hot commercial market sees values rise and yields fall. Located across from Parliament House, and a popular haunt for off-duty politicians, the sale of the exquisite 1858