JLL Hotels

REDCAPE REAPS REWARDS AT THE GROVE

Posted on August 25th, 2023 by Clyde Mooney
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,

THE REPUBLIC SOLD TO DEVELOPER

Posted on August 21st, 2023 by Clyde Mooney
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

GOOD BEER SERVES UP TWO MORE

Posted on August 18th, 2023 by Clyde Mooney
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,

REDCAPE POLISHING PORTFOLIO IN MACKAY

Posted on August 18th, 2023 by Clyde Mooney
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,

PORT’S PIER IN RARE SALE

Posted on August 2nd, 2023 by Clyde Mooney
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

HARGREAVES OFFERS THE SHAKY

Posted on July 24th, 2023 by Clyde Mooney
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

KELLY’S DOUBLE-SHOT IN SCONE

Posted on July 14th, 2023 by Clyde Mooney
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.

STOCKLAND SELLING GREENFIELD IN THE HILLS

Posted on June 30th, 2023 by Clyde Mooney
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

EL TORO LOOKS TO THE RODEO

Posted on June 23rd, 2023 by Clyde Mooney
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

MAITLAND EXITS PRIZED REPUBLIC

Posted on June 23rd, 2023 by Clyde Mooney
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