HTL Property

VETERAN NOVOCASTRIANS SNAP UP FINNEGAN’S

Posted on January 29th, 2025 by Jane Louise
Newcastle icon Finnegan's Hotel has been sold for the first time in decades, with the Hunter family handing over to established locals. Positioned prominently at the intersection of busy King and Darby Streets, opposite Newcastle Civic Park and City Hall,

VIRTICAL’S LAST PUB SOLD

Posted on January 24th, 2025 by Clyde Mooney
The sun has set on pub operator Virtical’s portfolio, with a successful sale of Hotel Australasia to another hospitality developer. The picturesque heritage-listed Hotel is a landmark of Eden, on the NSW south coast, built in 1904, with 38 metres

REDCAPE REVERSES WITH MULTIPLE ACQUISITIONS

Posted on January 22nd, 2025 by Clyde Mooney
MA Redcape Hotel Fund has reversed its run of divestments with purchase of three hotels in coveted southeast Queensland, to further its portfolio refresh and optimisation. The prior calendar year continued a shake-up of the Redcape stable that saw multiple

IRIS TAKES TWO FROM REDCAPE

Posted on January 20th, 2025 by Clyde Mooney
The Redcape reshuffle peaked in December with sale of two of its big-ticket gaming hotels to Sam Arnaout’s Iris Capital. Transaction of the Cabramatta Hotel in Cabramatta and El Cortez in Canley Heights is reported at more than $180 million.

REILLY FINDS A FRIEND

Posted on December 13th, 2024 by Clyde Mooney
One of Glebe’s historic watering holes has a new Friend – for the third time in six years, as Ray Reilly and co take on the inner west pub, following a public sale by Marcello Colosimo’s Momento Hospitality. In 2022

IMG HEADS TO THE BEACH

Posted on November 29th, 2024 by Clyde Mooney
The Turnbull family’s Investment Management Group has taken the deeds for the McElhone family’s idyllic Cabarita Beach Hotel in northern New South Wales. Positioned literally metres from what has more than once been voted Australia's #1 beach, the Cabarita Beach

RECEIVERS LIST HOTEL AUSTRALASIA

Posted on November 20th, 2024 by Clyde Mooney
Eden’s picture-postcard Hotel Australasia is for sale through receivers, offering a destination in a tourist town, as its troubled owners relinquish the fight. Image: Australian National University archives Built 1904, the striking heritage-listed Hotel is found in the idyllic precinct

TILLEY & WILLS EXIT RICHMOND, HEADING NORTH

Posted on November 8th, 2024 by Clyde Mooney
Tilley & Wills have divested their large-format Richmond Inn Hotel to a local ‘Lion’ as the intrepid operators forge north. Popularly known as the Ricky Inn, the historic suburban hotel was built 1864, occupying a 2,996sqm corner opposite the train

BANGOR BONANZA ON THE BLOCK

Posted on November 4th, 2024 by Clyde Mooney
The business of the Bangor Tavern has been put to market, offering a well-rounded operation in an exclusive Sydney metro catchment. Located around 35 kilometres south-west of the Sydney CBD, Bangor is a prime developing precinct with residential population of

ITALO GOLD COAST NEEDS AN OPERATOR

Posted on October 26th, 2024 by Clyde Mooney
The keepers of the Italo Australian Club on the Gold Coast are looking for a new operator to take over all activities at the massive venue, amid major residential developments. The Club has operated since 1984 on the 3.87-ha site