HTL Property

PUB DEVOTEES LIST NEATH

Posted on August 2nd, 2019 by Clyde Mooney
The Waltons have put up their handsome Neath Hotel near Cessnock, looking to traverse the wide brown land and perhaps rescue outback beauties. Michelle and Brett Walton began in the pub game in the early 2000s, taking on a 3-year

PUB INDUSTRY ANALYSIS POINTS TO BIG YEAR AHEAD

Posted on July 29th, 2019 by Clyde Mooney
Over $1 billion in pub assets changed hands in New South Wales and Queensland in FY19, according to a report analysing every transaction for the year. NSW rebounded in the final quarter to record $860m in industry sales for the

SYDNEY HOTEL NEEDING HOME HITS MARKET

Posted on July 24th, 2019 by Clyde Mooney
The recently homeless Martin Place Bar has come to market, in a rare example of opportunity in the tightly held Sydney hospitality and property market. Formerly located on pedestrian thoroughfare Martin Place in the heart of the CBD, Martin Place

WYNNE WYNNE IN ROYAL RICHMOND

Posted on July 17th, 2019 by Clyde Mooney
In an era dominated by corporate consolidation, long-time owners Mal Russell and family have divested their big Richmond landmark to in-limbo industry stalwarts Peter and Karen Wynne, for a hot market price. Built 1848, the Royal Hotel occupies a generous

A FRIEND IN HAND IS YOUNG AGAIN

Posted on July 5th, 2019 by Clyde Mooney
Former Wallaby Bill Young has resumed Glebe legend the Friend In Hand, buying back from long-term owners the Byrne family.  William Kevin Young was a loose-head prop during the golden era of Australian rugby, playing 46 tests over a six-year

OXFORD HOTEL DRUMMOYNE BACK TO MARKET

Posted on June 14th, 2019 by Clyde Mooney
Private hoteliers Michael Wiggins and Joanne Cassar have put up the big corner Oxford Hotel in Drummoyne, in a rare opportunity for Sydney’s tightly-held gaming market. Wiggins and Cassar have owned a string of pub operations, divesting their Royal Exhibition

KEARNEYS OFFER UP NEWCASTLE’S BEAUFORD

Posted on June 12th, 2019 by Clyde Mooney
After more than 30 years on the job, Newcastle pub stalwarts the Kearney family have determined to depart their Beauford Hotel, in Mayfield. The two-storey red brick pub was built on a 1,473sqm block around 1924, dominating the corner of

HUNT SEEKS BUYER FOR THE KENT

Posted on June 7th, 2019 by Clyde Mooney
Central coast pub doyens the Hunt family have put to market their high-performing The Kent, offering up one of the biggest NSW hotel businesses north of Sydney, amid Newcastle’s ongoing renaissance. Built 1924, The ‘Royal’ Kent dominates a corner of

CLANCYS LOOK TO EXIT THE BANK

Posted on June 5th, 2019 by Clyde Mooney
The Clancys are taking The Bank to market, offering a handsome Maitland freehold as they look to far horizons. The two-storey Bank occupies a sizeable 2,346sqm block on East Maitland main road Melbourne Street, just off the New England Highway.

BOOMING IRIS LISTS KEARSLEY HOTEL

Posted on May 13th, 2019 by Clyde Mooney
Fresh from its recent record-breaking acquisition of Hotel Steyne, Iris Capital has listed for sale the Hunter Valley’s Kearsley Hotel. Beyond $60-plus million buys in one of Sydney’s highly prized precincts, Iris has been steadily building a formidable presence in