HTL Property

BLUE-CHIP SALES TIGHTENING YIELDS

Posted on August 13th, 2021 by Clyde Mooney
Sale frenzy continues around hotels as blue-chip assets, seeing an ALH pub in Brisbane set a new benchmark, as Melbourne’s Zagame family cash in more chips. Culminating its coming to market in July, the Royal Exchange Hotel in Brisbane has

KNOX GOES MORE IN MOREE

Posted on August 6th, 2021 by Clyde Mooney
Growing local hotelier Jim Knox has expanded his collection with purchase of the Royal Hotel in Moree from long-term owners Deb and Tim Evans. The Royal of Moree is a large, two-storey brick pub with a generous Federation-style parapet, on

ROCHE RICH-LISTERS CONTINUE EXPANSION INTO PUBS

Posted on August 4th, 2021 by Clyde Mooney
A new generation of hotel royalty is stepping up its footprint in pubs, with rich-listers the Roche family consolidating their pivot with purchase of Armidale’s Royal Hotel. The Royal is the latest acquisition by the Roche Group, headed by Bill

DRY DOCK HITS BUOYANT MARKET

Posted on July 28th, 2021 by Clyde Mooney
Continuing the city fringe frenzy, the Dry Dock Hotel in Balmain has been listed for sale. Claiming a title of Balmain’s oldest licensed hotel, built 1857, the Dry Dock is adjacent to the Balmain Ferry terminal and Mort Bray Park,

GURRS PASS THE WHITEBULL REINS TO KNOX’

Posted on July 26th, 2021 by Clyde Mooney
The stalwart Gurr family of Armidale have sold their local institution, the Whitebull Hotel, to the family operation of hotelier Jim Knox. Located in the heart of Armidale’s retail precinct, the Whitebull Hotel is a prize of the New England

GROSVENOR HOTEL WATERLOO BACK TO MARKET

Posted on July 23rd, 2021 by Clyde Mooney
Waterloo landmark the Grosvenor Hotel has come to market, continuing the steady procession of Sydney city fringe sales. Located on the corner of Phillip and Morehead streets, just two blocks from home of the Rabbitohs, Redfern Oval, the Grosvenor sports

TILLEY & WILLS LATEST INN, ON RICHMOND

Posted on July 21st, 2021 by Clyde Mooney
The growing partnership of Simon Tilley and Nick Wills is the latest to get a foothold in Sydney’s burgeoning north-west growth corridor, buying the Richmond Inn Hotel. Set on a 3,007sqm corner site, the large-format suburban hotel is located in

LAUNDY AND NEW PARTNERS BACK THE WOOLPACK

Posted on July 19th, 2021 by Clyde Mooney
Arthur Laundy and new partners have teamed up to buy city-fringe local, the Woolpack Hotel, in Redfern. The Laundy family has joined with new operators, specifically Aaron Crinis, proprietor of acclaimed North Sydney restaurant Glorietta. The three-storey Federation Free Style

CAMKIN CLOSES ON CAMDEN

Posted on July 14th, 2021 by Clyde Mooney
The stately Camden Hotel in Sydney’s burgeoning southwest has been sold by the McGrath family to Marlow Group GM Paul Camkin and freeholder Estelle Kremer for a reported $12 million. Located within the main commercial and retail precinct of Camden,

NEWCOMER ANSWERS CALL FOR COOEE HOTEL

Posted on July 12th, 2021 by Clyde Mooney
Michael Lucas and David Kennewell have secured their latest exit from the industry with sale of their Cooee Hotel in St Georges Basin for around $7.7 million. Brisbane-based Lucas and long-term partner Kennewell acquired the freehold of the pub, just