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 […]
John Azar’s Good Beer Co continues the portfolio shake-up, listing both the Union Hotel in North Sydney and The Harold of Forest Lodge. The Union is a classic Art-Deco pub on the Pacific Highway equipped with three bars, a restaurant, gaming room with 21 EGMs, a function space and offices, set over two storeys on
High-profile hotel group Redcape has listed two of its large-format pubs, The Shamrock and The Grove hotels in Mackay, as it shores up the balance sheet to overcome hurdles and pave the way for future moves. Formerly the Andergrove Tavern, The Grove occupies a 1.96-ha site incorporating public bar, bistro, gaming room with 45 Coastal
Port Melbourne’s spectacular beachfront Pier Hotel has come to market, marking a rare property and operation that hasn’t been available in more than two decades. Positioned on a 491sqm high-profile corner of Bay and Beach streets, with around 50 metres of dual street frontage and ‘Mixed Use’ zoning, the Pier is arguably one of the
Fabled Sydney institution the Shakespeare Hotel in Surry Hills is for sale for the first time in 45 years, by dedicated long-term owner Margaret Hargreaves. Popularly known as ‘The Shakey’ the hotel was established in 1879. Located on Devonshire Street only 300 meters from Central Station, it now enjoys being only 50 metres from the
Kelly & Co Hotels has exited Scone, selling the Belmore Hotel to the same growing Hunter Valley group that recently bought the nearby Royal Hotel. The Belmore is an impressive suburban local, with sandstone exterior and original pressed tin ceilings. It has a large beer garden, gaming room with eight machines, nine accommodation rooms and
Australian developer Stockland is offering a “truly unique opportunity” to acquire operations of the future large-format Gables Tavern, in the new suburb of Gables, near Box Hill. The Gables is a massive 380-ha masterplanned development by Stockland, set to be a full-service residential community counting around 4,100 new homes and a sprawling Town Centre. It
The extraordinary El Toro Hotel of Warwick Farm is being sold by Colin Parras, laden with western Sydney opportunity. The large-format hotel motel is situated on a big 1.4-ha parcel of land adjoining El Toro Business Park, between residential catchments and the Orange Grove Retail Centre and booming Liverpool CBD, expected to soon be the
Greg Maitland has furthered his portfolio sell-down with divestment of the long-standing Republic Hotel in the heart of Norwood. Set on a commanding 3,327sqm corner site, the multi-award-winning Republic is a two-storey Victorian stone building offering sports bar, large restaurant and private dining rooms, gaming room with 32 machines and dedicated bar, multiple function rooms,
James Wynne’s Shogroup has sold its stratagem at the historic Dunkirk Hotel in Pyrmont after a major renovation and multiplying revenues. Located on Harris Street between The Star and the Sydney Fish Markets development, the heritage-listed pub was built in 1879 as the Butcher’s Arms Hotel. In the 1940s it was renamed to commemorate The
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