Listed landlord to ALH and Coles pubs HPI has divested the Payneham Tavern to an unnamed Sydney investor. The Payneham Tavern and Liquorland drive-thru bottleshop are tenanted by Coles on a 20-year lease plus two ten-year options, with built-in annual rental increases around four per cent. Located just outside the Adelaide CBD, the 7,887 m² […]
Marty Short has grown his Redfern presence with the purchase of the former Courthouse Hotel for around $6 million. Situated on the corner of George and Redfern Streets, the old Courthouse Hotel is opposite the landmark former Redfern Post Office, built in 1882. The Hotel has been “reinvented” over the years and the building is
Old mates Marty Short and Sean O’Hara have signed for the Toormina Hotel in Coffs Harbour as coastal pubs keep surfacing in a hot market. Toormina, a southern suburb of mid north coast hub Coffs Harbour, borders seaside playground Sawtell. The Hotel is within the thriving Toormina Shopping Centre, boasting anchor tenants Woolworths, Coles and
After more than a year of outrage, inner-west residents are celebrating the news Merivale has bought and will reopen the landmark Alexandria Hotel. Development company Centennial Property Group purchased the hotel a couple of years ago, and in the first half of 2015 lodged an application to demolish the popular local to make way for
HEMMES RESCUES ALEXANDRIA HOTEL IN ‘SPUR OF THE MOMENT’ Read More »
After another year of consolidation, Feros Group is testing the market by offering up its top-gaming pub the Lone Pine Tavern. The Lone Pine occupies a whopping 10,000 m adjacent to Rooty Hill train station and was briefly put to market last year by the Feros Group at the same time as the Panania Hotel, which
The vacant plot that once held the Argyle Street Hotel has come to market, complete with 24-hour hotel licence and gaming. Situated at 111-127 Argyle St, Parramatta, the 2,812 m² site is directly opposite Parramatta train station and next door to the Westfield complex, and could fetch $30 million. In previous incarnations it was known
A large-format hotel in one of Australia’s largest mining regions has come onto the market via receivers, with re-focused opportunity. The freehold going concern of the recently refurbished Newman Hotel occupies a sprawling 2.6-hectare site in Newman – approximately 1200 kilometres north of Perth, in Western Australia’s Pilbara region. Located in the centre of town,
Colonial Leisure Group (CLG) has jumped into another State, bringing Brisbane’s big-trading Fox Hotel into its premium portfolio. Continuing the expansion plans that saw it quietly acquire Keystone’s Newtown Hotel in February, CLG has bought its first Queensland pub – the long-term leasehold of the sprawling Fox, in the South Bank foodie precinct, Fish Lane,
COLONIAL MOVES INTO ANOTHER STATE WITH PURCHASE OF THE FOX Read More »
Hot on the heels of Lantern’s testing the waters in Bundaberg, popular local The Club Hotel has turned up to offer buyers choice and scale in the blossoming Queensland market. Club Hotel occupies a 1,091 m² site in Bundaberg, boasting a public bar, cocktail lounge and popular bistro, 22 EGMs, function spaces upstairs, kids play
PJ Gallaghers Leichhardt has sold between well-known publicans, as national assets and values see more businesses heading to the pub. The partnership of Patrick Gallagher and John Daly that resulted in a prominent corner pub becoming PJ’s Leichhardt, has divested the property for around $14.5 million. The buyer is long-time hotelier Peter Walker, cashed up
PJs LEICHHARDT SOLD FOR $14.5m TO NEW OLD PUBLICAN Read More »
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