HTL Property

ALH’S ROYAL EXCHANGE IN BRISBANE ON THE MARKET

Posted on July 9th, 2021 by Clyde Mooney
ALH’s famed Royal Exchange Hotel in Brisbane’s Toowong has come up for sale, offering investors a trophy asset on an A-grade lease for the next 47 years. Occupying 2,453sqm in the river suburb of Toowong, the Royal is known to

LONG-TIME MANAGER WINS RACE TO REST

Posted on July 5th, 2021 by Clyde Mooney
The waterfront Anglers Rest Hotel is ushering in the next generation, seeing Geoff Watts and Mal McKellar sell the freehold going concern to one of their long-serving managers. The McKellar and Watts families have owned the Anglers Rest Hotel for

LAUNDY O’HARA CRUICKSHANK BUY BIG IN ALBURY

Posted on July 2nd, 2021 by Clyde Mooney
Continuing the interest in hot regional assets, the Laundy O’Hara Cruickshank consortium has bought Albury’s Springdale Heights Tavern for $22 million, representing a regional record. Established in 1988 on a huge 1.2-Ha corner site on arterial Kaitlers Rd in Lavington,

COMMERCIAL SALE IN SUNSHINE CENTRAL

Posted on June 23rd, 2021 by Clyde Mooney
The Commercial Hotel in the regional Queensland town of Biloela is for sale as a re-stapled freehold going concern, as the publican looks to retirement. Known locally as the ‘Top Pub’, the Commercial occupies a 1,247sqm site in the heart

COOEEE PUTS OUT CALL FOR SOUTH COAST BUYERS

Posted on June 9th, 2021 by Clyde Mooney
The Cooee Hotel in St Georges Basin on the NSW south coast has been listed for sale as its passive owners make another exit. Brisbane-based hotelier Michael Lucas and long-term business partner David Kennewell acquired the freehold of the pub

AVC CHARGES INTO SEQ CAPEX

Posted on June 9th, 2021 by Clyde Mooney
Australian Venue Co continues its lavish Investment into south-east Queensland, with more acquisitions and two more of two dozen planned renovations underway. The corporate allegiance between Australian Venue Co (AVC) and ASX-listed HPI is representative of the State’s consolidated place

WOOLPACK HOTEL REDFERN JOINS MARCH TO MARKET

Posted on June 7th, 2021 by Clyde Mooney
Continuing the spate of city fringe assets coming to market, Redfern’s Woolpack Hotel has been listed for sale as its owners look to an exit from pubs. The three-storey hotel, in the Federation Free Style architectural mode, provides a well-rounded

WAUGH BETS ON KINGS CROSS 2.0

Posted on June 4th, 2021 by Clyde Mooney
Ashton Waugh has placed a strategic bet on Sydney’s transforming Kings Cross with purchase of the re-stapled freehold going concern of the New Hampton Hotel. Leaseholder Kieran Coleman listed the business interest in the Hotel last October. Located on Bayswater

STARS ALIGN FOR HOLLYWOOD SALE

Posted on June 2nd, 2021 by Clyde Mooney
The star-studded on-market sale of the Hotel Hollywood has found local operator Parlour Group outbidding big names and interest from Hollywood itself to take the show for around $10 million. Located in the heart of Sydney’s Surry Hills, the four-storey

KNOX DIPS INTO NORTHERN RIVERS

Posted on May 28th, 2021 by Clyde Mooney
Sustaining the flow of northern rivers pub sales, the Dougherty family have divested their Grafton Hotel to Riverina hotelier Jim Knox. The Doughertys have been staples of the region and community for decades, well-known for owning and operating both Westlawn