HTL Property

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,

WALKER LISTS TOP200 EARLWOOD

Posted on March 18th, 2022 by Clyde Mooney
Kent Walker has put suburban stalwart the Earlwood Hotel to market, in a rare divestment of a Top200 Sydney pub. Built 1931, the three-storey brick Hotel was designed in the Interwar style, occupying an 825sqm lot with overall floorspace of

CITY-FRINGE ROYAL ALBERT FGC ON OFFER

Posted on March 15th, 2022 by Clyde Mooney
As city-fringe pubs continue to regain momentum, craft beer mecca the Royal Albert Hotel of Surry Hills is being offered as a re-stapled freehold going concern. The long-term freehold owners have collaborated with the leaseholder and are offering both the

PUB INVEST TO DIVEST CROWN AND NORTH NOWRA

Posted on March 11th, 2022 by Clyde Mooney
The second half of Damien Kelly’s troubled Pub Invest portfolio has been put to market, being the landmark Crown Hotel of Surry Hills and Nowra’s large-format North Nowra Tavern. News broke at the start of the year that insolvency and

KELLY’S ROSE & CROWN AND CORRIMAL SOLD AFTER HOT PURSUIT

Posted on March 7th, 2022 by Clyde Mooney
Following heated weekend negotiations, it has been announced Damien Kelly’s Rose & Crown Hotel Parramatta and Corrimal Hotel of Wollongong have sold for a combined $74.5 million. The properties went to market in January, under direction from Wexted Advisors, as

GREEN CONSORTIUM SNAPS UP BIG-TICKET THOMAS BLAMEY

Posted on March 4th, 2022 by Clyde Mooney
The large-format Thomas Blamey Tavern in the Riverina has been sold to a consortium led by publican Lee Green. Occupying a 6,110sqm site in Wagga Wagga, one of the state’s premium regional precincts, and only a couple of blocks from