Administrators FTI Consulting have swung into action, listing five of Jon Adgemis’ Public Hospitality venues at once, individually or in one line. Formerly a high-flying dealmaker for tax advisor KPMG, Adgemis hopped on the hotel bandwagon in the late teens, looking to ride the perceived gravy train by purchasing undercooked pubs thought to have potential […]
The venerable Chatswood Club, in the heart of what has become one of Sydney’s north shore hubs, is selling its two-level site in the hope of preserving its future. Established in 1954, it was previously known as the Chatswood Businessmen’s Club before a name change to broaden its appeal. Originally the club was within a
Simon Paterson’s Town Tavern and development at Blacktown have been put to market by receivers, set to tempt operators and those willing to take a Top200 pub to the next level. The Town is a prominent, high-performing venue, adjacent to Blacktown train station, occupying a 308sqm tenancy within Westpoint Shopping Centre, sporting an efficient layout
A recently renovated Haymarket landmark pitched to be the next big versatile hospitality venue in the city’s southern fringe, is being sold by a private investor. Constructed 1884, the multi-storey Goulburn St building was originally a barracks for the Salvation Army, before being transformed in the 1960s into the China Town Twin Cinema. Occupying a
Bexley North Hotel has been listed for sale, offering the combination of a robust business with newly secured mixed-use redevelopment potential (STCA). Located on an underutilised 4,234sqm block in the centre of Bexley North, around 21 kilometres south-west of the Sydney CBD, the Hotel is part of a retail complex, Woolworths and Bayside Council’s 150-space
Newcastle legend and propagator of riots, the Star Hotel, is up for sale as its caretakers move on. Occupying a corner of Hunter Street in Newcastle West, fronting King Street, the famous pub was built in 1885, and remodelled in 1925 by Tooth & Co. Today’s iteration offers a restaurant and bar, commercial kitchen, and
Newcastle stalwart the Mark Hotel of Lambton comes to market, as its owner-operators look to retirement after a relatively short stint in the industry. A pub has been on the corner of Morehead and Dickson streets since 1874, first opening as the Marquis of Lorne. The present day two-storey brick structure was built in the
Jon Adgemis’ Public Hospitality Group has beat major developers to buy the well-known Noah’s Backpackers on Bondi Beach for $68 million. Noah’s occupies a prominent 1,087sqm site at the world-famous Beach, comprising two corner buildings configured for 260 beds and offering a rooftop with spectacular ocean views. Like most businesses catering to this market it
PUBLIC HOSPITALITY HITS BONDI WITH PLANS FOR NOAH’S Read More »
The Exchange Hotel on one of Balmain’s landmark corners is up for sale, with room for mixed-use development and a place in local hearts. Built in 1885, the Exchange sits on a generous 640 m² block on the prominent thoroughfare of Beattie Street, and is known as the suburb’s largest pub and “favourite meeting place”.
BALMAIN’S EXCHANGE HOTEL & OPPORTUNITY GOES TO MARKET Read More »
A St Kilda pub and hotel business has hit the market amid the boom in pub-style accommodation around the country. Located on bustling Barkly Street in the bayside suburb of St Kilda, Hotel Barkly holds a 3am licence and consists of a public bar and rooftop bar, a downstairs bar and function room, and TAB
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