JLL

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

MALONEY LISTS ST JAMES FREEHOLD

Posted on May 18th, 2020 by Clyde Mooney
Publican Kim Maloney OAM has listed two freehold assets in Sydney’s CBD, behind and above his St James Hotel, with sources suggesting market expectations circa $60 million. The long-time publican and son of industry legend Cyril Maloney bought the freehold

DOVE & OLIVE LISTED AMID GOOD BEER PLANS FOR THE DOG

Posted on July 15th, 2016 by Clyde Mooney
The dynamic Good Beer Company has listed its Surry Hills rocket, the Dove & Olive, ahead of “redefining” its large-format DOG. After developing the Surry Hills pub it purchased mid-2012 into one of Sydney’s most awarded and thriving food &

ALH’S AUSTRAL HOTEL & DAN’S UP FOR GRABS

Posted on May 6th, 2016 by Clyde Mooney
Another ALH plot of gold has come to market, with a private investor offering up the Austral Hotel and adjoining Dan Murphy’s Liquor Barn. Occupying 4,360 m² in the heart of Mackay, the site boasts an exceptionally long 70-year lease

NEW OWNER NEW BEGINNING FOR ENIGMATIC TERMINUS HOTEL

Posted on April 27th, 2016 by Clyde Mooney
One of the most intriguing hotel sales of recent times has concluded, with Pyrmont’s long-vacant Terminus Hotel selling for around $5 million. [caption id="attachment_5367" align="alignright" width="315"] © 2015 Mark Merton Photography[/caption] The heritage-listed Federation style building sits quietly on the

GOLD COAST LANDMARK PUB SELLS AMID ‘TRADING UPLIFT’

Posted on April 20th, 2016 by Clyde Mooney
Gold Coast gold mine Melba’s on the Park has sold for a sunny $12.5 million to former Sydney publican Bob El’s Leda Holdings. Vendor George Fleming had owned the Gold Coast institution for several years, and executed a massive reinvigoration

COLES INVESTMENT PUB ON OFFER BY HPI

Posted on April 13th, 2016 by Clyde Mooney
Australia’s most dynamic pub real estate investment trust is offloading one of its prime Coles-tenanted assets while the investor market runs hot. Hotel Property Investments (HPI) is the ASX-listed REIT (Real Estate Investment Trust) that was spun out of the

MARKET SEES MELBA’S ON THE MARK

Posted on February 1st, 2016 by Clyde Mooney
A Sydney publican is divesting his booming Surfer’s Paradise pub, as Queensland hotel assets greet a thirsty 2016 market. George Fleming has owned Melba’s on the Park for a number of years, and following its massive reinvigoration has determined to

SURFAIR’S UP AS SUNSHINE PROPERTY GROWTH CONTINUES

Posted on January 29th, 2016 by Clyde Mooney
As the Sunshine State property market continues to heat up, the popular Surfair Beach Hotel is testing the waters. Like the other eastern States, Queensland is experiencing major development, particularly in areas that benefit from the booming tourism industry and