JLL Hotels

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

LOCAL VISION FOR OCEAN VIEW HOTEL

Posted on July 10th, 2024 by Clyde Mooney
The run of Victorian regional pub sales has continued with new locals taking over the picturesque Ocean View Hotel in Kilcunda. Found in the heart of Victoria’s picturesque Gippsland coastline, the ‘Killy Pub’ is the flagship of the seaside town

WESTERNPORT ON MARKET FOR FIRST TIME IN 20 YEARS

Posted on July 1st, 2024 by Clyde Mooney
Coastal gem the Westernport Hotel of San Remo has hit the market, available for the first time in 20 years. The popular pub occupies a 2,781sqm corner site with over 100 metres of dual street frontage. Inside is a well-patronised

LOCAL SYNDICATE TAKES MUDGEE’S PARAGON

Posted on May 24th, 2024 by Clyde Mooney
New locals have taken the Fitzgerald prize, adding Mudgee’s historic Paragon Hotel to their growing portfolio. Built 1857 amid the region’s goldrush, the hotel was originally known as the Bushman’s Home. Around a decade after it was established it was

SALMON LISTS REBRANDED CHATSWOOD HOTEL

Posted on May 15th, 2024 by Clyde Mooney
Rod Salmon is looking to divest his newly re-branded and refreshed Chatswood Hotel, on Sydney’s gold-plated north shore. The two-level pub, formerly known as the Chelsea, occupies a 765sqm strata site opposite the entrance to Chatswood station, which sees around

JDA NABS THE UNICORN

Posted on April 29th, 2024 by Clyde Mooney
Paddington’s famous Unicorn Hotel has been sold as a restapled freehold going concern to the Feros’ JDA Hotels.   Commonly known as ‘Fringe Bar’, the Unicorn is famed for its Monday night comedy acts and eastern suburbs socialite crowd, being

REDCAPE AND GALLAGHER IN $70m SALE-SWAP

Posted on April 17th, 2024 by Clyde Mooney
Redcape has furthered its portfolio shakeup and Gallagher Hotels has traded up, seeing sale-swap of the Criterion in Sydney and Crescent Hotel in Fairfield, in a transaction worth a combined $70 million. The high-profile sale and purchase deal reflects the

EVENING STAR FOR SALE AS SURRY HILLS SET TO SHINE

Posted on April 8th, 2024 by Clyde Mooney
The high-profile Evening Star Hotel on the edge of the Sydney CBD has come to market, amid multi-billion-dollar infrastructure investment on its doorstep. Located on Elizabeth Street, a 2-minute walk from Sydney’s Central Station and Light Rail, the Star features

RECEIVERS SELLING PRIVATE EMPIRE

Posted on March 27th, 2024 by Clyde Mooney
Cobar’s thriving Empire Hotel is being sold through receivers, as part of the consolidation of business interests of a private owner. The pub resides on a generous 3,127sqm lot with dual street frontage. It is configured for single bar operation,