HTL Property

RYANS DRINK IN THE TEA GARDENS

Posted on August 23rd, 2024 by Clyde Mooney
John Purkis and family have passed the reins of the landmark Tea Gardens Hotel in Bondi Junction to Ryan hotel dynasty principals John and Sally Ryan. Purkis bought the big multi-storey Art Deco hotel mid-2014 from Aussie Leisure Group, but

FRIEND IN HAND LOOKS FOR A NEW MATE

Posted on August 9th, 2024 by Clyde Mooney
City-fringe companion the Friend in Hand of Glebe has returned to market, as Marcello Colosimo’s Momento maintains impetus on its north-west expansion. The corner local keeps a large trading footprint and revenue-producing space across two levels. It saw an extensive

LIVINGTONE’S CAPTAIN COOK SALES TO WALKER

Posted on July 24th, 2024 by Clyde Mooney
The Fanatical Warren Livingstone has sold his booming Captain Cook of Botany to Kent Walker for twice the purchase price four years ago, as the south Sydney precinct’s ship comes in. Established as the Captain Cook Inn in 1880 on

CULLENS LIST BAY HOTEL AND PACKAGE

Posted on July 17th, 2024 by Clyde Mooney
Landmark coastal pub the Bay Hotel and surrounding businesses have been listed by the Cullen family, after 35 years owner-operation. The diverse business is set on a combined landholding of 4.4 hectares in Bonnells Bay, overlooking Lake Macquarie, with an

ASENSIO OFFERS KULETO’S ON KING

Posted on July 15th, 2024 by Clyde Mooney
Long-time owner Donna Asensio has offered up the quirky Kuleto's hotel on King Street in inner west Newtown, holding plenty of upside for a hands-on operator. Formerly known as the Milton Hotel, the three-storey venue is at the northern end

MORTGAGEE SALE ON PUBLIC’S PADDINGTON FLOWER

Posted on July 10th, 2024 by Clyde Mooney
Lender Australia Pacific is selling Public Hospitality venue El Primo Sanchez Hotel – formerly the Rose, Shamrock and Thistle – as Adgemis’ collection unravels. One of Paddington’s historic pubs, the Rose, Shamrock & Thistle first opened in 1884, on the

REDCAPE TRIFECTA TO FRANCIS AND SONNEL

Posted on July 8th, 2024 by Clyde Mooney
Redcape has given a fresh boost to the portfolio reshuffle, selling three more of its A-grade pubs to two different buyers, for a total value of over $136 million. The latest three hotels to exit the Redcape stable are the

KNOX DROPS AREA IN A HOT REGION

Posted on July 3rd, 2024 by Clyde Mooney
There’s a new rising star of the region as Jim Knox divests his big Area Hotel in Griffith to a local operator. Knox bought the pub in 2019 for around $8 million from a private syndicate who had operated it

BLACKTOWN’S TOWN TAVERN SOLD

Posted on June 28th, 2024 by Clyde Mooney
The Town Tavern of Blacktown has been sold through receivers, with a new operator looking to optimise its place in the western Sydney gaming market. A consistent Top200 venue, the Town is a prominent, high-performing venue adjacent to Blacktown train

LANSDOWNE LEGEND ROCKING NEW OWNER

Posted on June 26th, 2024 by Clyde Mooney
Sydney rock institution the Lansdowne Hotel has sold, ushering a new era for the four-storey Chippendale landmark dominating City Rd. Occupying a 506sqm block opposite Victoria Park and Sydney University, with GFA of 1,900sqm and capacity for 480 patrons, the