Bendigo cornerstone the Foundry Hotel is the latest in a series of regional Victorian pub deals, and a positive sign for the state’s gaming hotel market. The Kuchel family have been dug in operating The Foundry for the past 33 years, and in recent times have done extensive work on the venue, bringing the addition […]
There’s a changing of the guard in Macarthur as veteran Lloyd Segerstrom hands over the keys to his Hotel Bargo, to exit the game. Set on an expansive block, with lawns for events and functions, the pub comprises public bar, modern kitchen and open plan bistro, gaming room with 26 machines, and 10 upstairs accommodation
Ged Dore and partners have successfully sold their revived Salisbury Hotel in Stanmore to growing hotel operator Matthew Sweeney. A landmark of the inner west, on a prominent corner of the main retail strip 100 metres from Stanmore station, the striking three-level Art Deco-styled Salisbury was built in 1899. It provides multiple bars, bistro, gaming
Patrick Gallagher and partners have found success in the sale of their large-format Meadowbrook Hotel, tempting a New South Welshman into a thriving gaming operation in the heart of Queensland’s south-east. Located roughly midway between Brisbane and the Gold Coast, the pub enjoys an ideal catchment encompassing retail, commercial, medical, industrial and residential premises, being
The Kelly group shake-up continues with the outfit putting up the character-laden Centennial Hotel, in the town on the ten-dollar note. Known affectionately as the ‘Cenny Hotel’, the pub inhabits a prominent corner site in the historic 19th century gold rush town of Gulgong. Holding a 1,345sqm site, it counts a single bar operation, bistro,
Ned Kelly and partner are selling their big development opportunity in coastal Corindi Beach to hone in on an alternate prize. Previously known as the Amble Inn, the rebranded Corindi Beach Hotel occupies an enormous 16,120sqm site just half and hour’s drive north of Coffs Harbour. It includes public bar, kitchen and bistro, gaming room
The famed and multi-award-winning St Andrews Beach Brewery on Victoria’s prized Mornington Peninsula is being sold, with major expansion options. Located just over an hour’s drive from the Melbourne CBD, the property is 37-ha (92 acres), and was previously a world-renowned horse training facility known as ‘Markdel’, once owned by the Freedman brothers; some of
Ged Dore and company have put up the handsome Salisbury Hotel in Stanmore, as an investor partner seeks to cash out. Built 1899, the three-level pub enjoys triple street frontage, occupying a prominent 800sqm corner lot on the main retail strip 100 metres from Stanmore station, which a UTS study found is used by over
Mere days after the announcement Redcape was divesting two of its collection in north Queensland, a sale has already been confirmed on one, Mackay’s The Grove. Last week the high-profile group listed The Shamrock and The Grove hotels in Mackay, with anticipated collective sale price of more than $50 million. It’s understood it is looking
An up-and-coming developer has bought Sydney’s famous The Republic, prompting speculation the pub may see redevelopment. The trophy hotel has reportedly sold for around $40 million to diversified property group Virtical, which it’s said is seeking to capitalise on its strong underlying attributes, including its CBD core location. Led by MD Mark Toma, Virtical described
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