HTL Property

KNOX LOCKS UP TWO MORE IN NEW ENGLAND

Posted on May 25th, 2022 by Clyde Mooney
Jim Knox continues his New England penchant with purchase of both the Imperial Hotel in Inverell, and freehold of the Royal Hotel in Tingha. The two-storey Georgian Imperial was built on an expansive 2,063sqm lot on a major corner, and

KEARNEYS PART WITH THE BEAUFORD AFTER 30 YEARS

Posted on May 23rd, 2022 by Clyde Mooney
After more than three decades of continuous ownership, the Kearney family have parted with their Beauford Hotel, in red-hot Steel City. The Beauford is a postcard-perfect corner pub in the Newcastle suburb of Mayfield, enjoying dual street frontage on a

ENDEAVOUR LANDS THE BEACHFRONT

Posted on May 20th, 2022 by Clyde Mooney
The big, boisterous Beachfront Hotel has been sold to the ASX-listed Endeavour Group, aka ALH, by long-term owner Doug Sallis. Occupying a massive 7,000sqm close to the Darwin CBD, Hospital and the Northern Territory’s largest retail centre, the Beachfront provides

RED STEER WAGGA JOINS FEROS PORTFOLIO

Posted on May 18th, 2022 by Clyde Mooney
Acclaimed Sydney operator the Feros Group is the latest to stake a claim in regional centres and into Wagga Wagga, snapping up the Red Steer Hotel and Motel. The relaxed country Hotel offers multiple bars, gaming room with nine machines,

ROYAL ALBERT MEETS MOMENTO’S MOVE

Posted on May 16th, 2022 by Clyde Mooney
Marcello Colosimo’s Momento Hospitality has continued its march into inner-city prospects with purchase of the famed Royal Albert Hotel of Surry Hills. On the southern edge of the Sydney CBD, the Surry Hills boozer is well known as one of

THE FRIEND FINDS COLOSIMO IN NEED

Posted on May 4th, 2022 by Clyde Mooney
Glebe stalwart the Friend In Hand Hotel has been sold by Wallaby publican Bill Young to Marcello Colosimo’s Momento Hospitality. In a return to fortune, Young bought the pub in 2019 for around $10 million. His father and the Young

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