JLL Hotels

OSCARS DIVEST STRAND TO ADGEMIS’ JAGA GROUP

Posted on May 5th, 2021 by Clyde Mooney
The Gravanis brothers’ Oscars Hotels has divested Darlinghurst’s Strand Hotel to the Jon Adgemis-led JAGA Group. Bill and Mario Gravanis have been particularly acquisitive over the past few years, purchasing the likes of the Beachcomber Resort on the Central Coast

CRITERION GUNDAGAI ON THE ROAD

Posted on April 16th, 2021 by Clyde Mooney
The Hindmarsh family are looking to leave their beloved Criterion Hotel Gundagai, putting it to market amid the boom for strong regional pubs. Conveniently located around halfway between the capitals, Melbourne and Sydney, Gundagai is a NSW landmark of close

ROYAL FLUSH FOR QUINN & CO

Posted on April 14th, 2021 by Clyde Mooney
A posse of publicans led by Newcastle-based Nicholas Quinn have purchased both the freehold going concern of Taree’s Royal Hotel and passive freehold of the nearby Australian Hotel in Wingham. The Royal Taree is a classic regional watering hole, offering

ANOTHER WIN IN BATHURST

Posted on April 12th, 2021 by Clyde Mooney
There’s more fresh blood into Bathurst courtesy of the second sale in a week, in the freehold going concern of the big Elephant & Castle Hotel. The Elephant sprawls across its generous 1,067sqm corner block, providing a public bar, commercial

AVC PICKS UP A BIMBO

Posted on April 9th, 2021 by Clyde Mooney
Australian Venue Co has continued its rebound strategy, taking Fitzroy institution Bimbo from Colonial Leisure. The ‘Bimbo’ of Melbourne has been serving its famous low-cost pizzas and providing late-night entertainment courtesy of its 3am licence to an eclectic mix of

MERIVALE MOVES SOUTH ONTO QUARTERDECK

Posted on March 26th, 2021 by Clyde Mooney
Justin Hemmes’ Merivale has acquired its first venue outside Sydney – the Quarterdeck, in “second home” Narooma. Perched on the shores of Forsters Bay, The Quarterdeck is an institution of the Eurobodalla community, as seen in its foreshore having been

FIRST-CLASS FREEHOLD FOR SALE IN BICTON

Posted on March 19th, 2021 by Clyde Mooney
The freehold of AVC’s Leopold Hotel and adjoining First Choice liquor market is on offer, as blue-ribbon hotel investments continue to attract investors from in- and outside the industry. The 1907-built Leopold Hotel is located in the riverside suburb of

OSCARS DIVEST COFFS’ PLANTATION

Posted on December 16th, 2020 by Clyde Mooney
Oscars Hotels has sold the once infamous Plantation Hotel for around $10 million to a Sydney publican and new entrant to the industry. The large-format Plantation occupies a prominent 3,000sqm lot in Coffs Harbour, providing an oversized bar with multiple

LAMBERT LEAPS INTO THE OLYMPIC

Posted on November 27th, 2020 by Clyde Mooney
The stoic Olympic Hotel in Sydney’s Paddington has been sold to former Newcastle publican Wayne Lambert, with plans for glory. Dominating the corner of Regent Street and bustling Moore Park Road, the three-storey Georgian pub occupies a 533sqm lot, offering

JEWEL OF SOUTH MELBOURNE TO FETCH PRETTY PENNY

Posted on November 18th, 2020 by Clyde Mooney
The storied Emerald Hotel in South Melbourne has come to market for the first time in 48 years. Nestled on a 667sqm corner site, just a few kilometres south of the Melbourne CBD, with the 12 tram running right past