HTL Property

PIPER LANDS MEREWETHER’S BEACH

Posted on May 2nd, 2022 by Clyde Mooney
Property guru Glenn Piper has sealed the deal on Andrew Lazarus’ magnificent Beach Hotel at Merewether, in another new record for the Newcastle region. The large-format heritage-listed pub occupies a 1,850sqm site just three kilometres from the Newcastle CBD, with

LUDLOW OFFLOADING FIVE ISLANDS

Posted on April 22nd, 2022 by Clyde Mooney
On the heels of sale of Peak Invest’s Corrimal Hotel, Ludlow Hospitality is divesting its refurbished Five Islands Hotel in the Wollongong suburb of Cringila. The Gravanis brothers’ Oscars Hotels bought the freehold going concern of the tired Hotel, built

NED KELLY SCORES ANOTHER IN SCONE

Posted on April 22nd, 2022 by Clyde Mooney
Ned Kelly’s burgeoning pub group has taken the deeds to the Belmore Hotel in Scone, in a return to where it all began for the industry veteran.  Built 1866 in the upper Hunter Valley as the Railway Hotel, the pub

ORION SEES BLUE SKY IN KENT WALKER’S EARLWOOD

Posted on April 20th, 2022 by Clyde Mooney
Kent Walker’s high-performing Earlwood Hotel has been snapped up by the newly-formed Orion Hotel Group, in a continuation of industry behaviour driving escalating values. Earlwood is a one-pub suburb virtually surrounded by suburbs with no pub, and benefitting from the

KELLY PORTFOLIO SELL-DOWN FINALISED

Posted on April 20th, 2022 by Clyde Mooney
Sale of the last of Damian Kelly’s portfolio has been finalised, finding new keepers for the large-format North Nowra Tavern and Crown Hotel of Surry Hills. These sales follow those of the Rose & Crown Hotel in Parramatta and the

OSCARS SHAKE-UP SNARES MALOUFS’ BIG CAVES BEACH

Posted on April 13th, 2022 by Clyde Mooney
Representing a portfolio shake-up and region record, the Maloufs' Royal Hotels group has sold the oceanfront Caves Beach Hotel to the Gravanis’ expanding Oscars Hotels. Royal Hotels has expanded on operations at the seaside resort-style venue, and after the better

HARVEST WELCOME MORE WAGGA IN THE VIC

Posted on April 13th, 2022 by Clyde Mooney
The acquisitive Harvest Hospitality has snapped up another Wagga Wagga institution, in the form of the hugely popular Victoria Hotel, for a new regional record price of $29 million. Occupying an imposing 1,311 sqm landholding in the heart of town,

NELSON MEERS AT CROSSROADS FOR $160m

Posted on April 11th, 2022 by Clyde Mooney
The Nelson Meers group has set a new record for an Australian pub sale, putting up a reported $160 million for the massive Crossroads Hotel of Casula. Occupying a 1.28-Ha site at the junction of the Hume Highway and Camden

INTERSTATE OWNERS OFFER GRACEMERE HOTEL

Posted on March 25th, 2022 by Clyde Mooney
A Melbourne-based company has listed its under-management Gracemere Hotel, in Sunshine State regional hotspot Rockhampton. The pub is set on 3,970sqm in a fast-growing urban area 10 kilometres from Rockhampton’s CBD, opposite the Woolworths-anchored Gracemere Shopping World shopping centre. It

LAUNDYS GROW COASTAL ACCOM AND PARTNERSHIPS WITH FLOWER AND PORT

Posted on March 23rd, 2022 by Clyde Mooney
The Laundy family have furthered their coastal acquisitions and partnership model, buying the Mercure Centro Hotel with Mr Port Macquarie, Alistair Flower, for around $25 million. Rated 4.5-star, the five-level 72-room Hotel is in the heart of Port Macquarie’s commercial,