JLL Hotels

THE MILL COMPLETES UNIVERSAL SWAP

Posted on August 30th, 2024 by Clyde Mooney
The Kospetas family has bookended its portfolio swap-shuffle with Barham Hamarashid, completing the off-market sale of The Mill in Bondi Junction, following exchange on the Evening Star. What was the Mill Hill Hotel was a modest two-storey premise previously owned

LAUNDY PACKING UP IN REDFERN

Posted on August 25th, 2024 by Clyde Mooney
Arthur Laundy and his Redfern partners have offered to market their refurbished, undercooked local, on the fringe of the Sydney CBD. In 2021 the pub king collaborated with new operators Aaron Crinis and Justin Tynan to buy the three-storey suburban

NEW UNIVERSAL SEES NEWTOWN TO MARKET

Posted on August 21st, 2024 by Clyde Mooney
Continuing its portfolio shake-up, Universal Hotels is selling the Newtown Hotel in Sydney’s inner west, meeting the surging market for high cashflow operations. Well located at the gateway to the famed and vibrant King Street retail and entertainment strip, the

FORMER KIRRIBILLI CLUB FOR SALE

Posted on August 21st, 2024 by Clyde Mooney
The site of the failed, former Kirribilli Club is being offered for sale, presenting opportunity for a revised offering to capitalise on its north shore location and sweeping harbour views. Lot 1 at 11-23 Harbourview Crescent in Milsons Point spans

BAYSIDE BRIDGE TO MARKET

Posted on August 14th, 2024 by Clyde Mooney
Prized waterfront icon the Bridge Hotel of Mordialloc has officially been listed for sale, offering a trophy asset in the southern capital. While the current two-storey structure was built 1870, a hotel has been on the site since circa 1851,

PUB KING TAKES ON THE LORD

Posted on August 12th, 2024 by Clyde Mooney
One of Sydney’s oldest and most beloved pubs, home of the first pub-brewery, the Lord Nelson in The Rocks, has been bought by pub king and brewer of late, Arthur Laundy. Landmarking the corner of Kent and Argyle Streets, the

UNIVERSAL CATCHES AN EVENING STAR

Posted on August 7th, 2024 by Clyde Mooney
Colourful stalwart of Surry Hills the Evening Star has been snatched by the Kospetas family’s cosmic Universal Hotels. The Evening Star holds history attendant with the precinct, once home to media and newspaper tycoons partaking of its liquid offerings. Located

LANCER LIST TUMUT’S ROYAL

Posted on July 26th, 2024 by Clyde Mooney
Lancer Group’s Royal Hotel in regional hub Tumut is being sold with plenty of blue sky, as investor owners in Sydney look to consolidate. Residing on a substantial 3,250sqm, the Royal is a classic two-storey brick structure built in 1854,

MELBOURNE METRO FINDING ‘MARKET-DEFYING’ RESULTS

Posted on July 26th, 2024 by Clyde Mooney
Recent freehold sales in the Victorian capital signify the resurgence of activity in the market as sharp yields reflect both investor and industry interest. The freehold interest in the Cornerstone Hotel of Port Melbourne transacted in recent weeks at a

TRESISE CALLS TIME ON BELLS ‘ADVENTURE’

Posted on July 22nd, 2024 by Clyde Mooney
Landmark ‘precinct’ pub Bells has come to market, Sam Tresise presenting what is likely to be one of the most contested offerings of 2024 in the tightly held Victorian market. A mainstay institution of South Melbourne, since 1874 Bells Hotel