Singleton’s Agricultural Hotel has sold to a Chinese investor, as long-time owners the Whathams exit the pub game. The ‘Agi’, as it is known locally, has been owned by Allen and Sue Whatham for more than two decades, at times run by them, other times leased. The pub is 30 minutes from the popular Hunter […]
Investment money keeps pouring into the pub sector, with the Marine Hotel Brighton setting another low yield benchmark in Victoria. The freehold interest of the Marine Hotel was sold early 2016 by automotive entrepreneur Bobby Zagame for $13 million, showing a tight yield of 3.86 per cent. Boasting 50 EGMs, it set a new high
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
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