BUYERS ‘TUSSLE’ AS HOTELS SELL LIKE HOTCAKES

The perfect storm is driving coastal and regional popularity and sharpening yields, and pubs in growth areas have never been more in vogue. Hotel Cessnock is the latest in a trail of assets scooped up by strong operators and prudent

PATONGA BEACH HOTEL NEXT BIG-TICKET WATERFRONT SALE

Just 18 months after being bought by a local construction company, the idyllic seaside Patonga Beach Hotel is on offer to aspirational operators. Occupying a commanding 1540 m² of water frontage overlooking Patonga Beach, the hotel is just north of

LANTERN SELLS LAWSON PARK HOTEL

The down-sizing ASX-listed Lantern Hotel Group has offloaded yet another pub, settling this week on the sale of Mudgee’s Lawson Park Hotel. Lantern (LTN) announced its intention to sell non-core assets and rebuild the company structure in November, 2015. Since

LAUNDY BUYS SETTLER’S TAVERN ‘PIECE OF THE PUZZLE’

The Laundy Group continues its growth into growth areas, buying yet another Central Coast hotel to fit into its “jigsaw”. The Settler’s Tavern is close to the West Gosford commercial hub, central to the town’s 13,000 business and 65,000 employees.

LAUNDYS BUY ON CENTRAL COAST

In a further display of market diversity, Laundy Group has purchased an idyllic and “real value” hotel on the NSW Central Coast. Growing its existing regional portfolio, which already includes pubs in Wagga Wagga, Dubbo, Orange and most recently Long

ROYAL EXCHANGE TO CHANGE HANDS

Windsor’s The Rex has hit the market as perhaps the best-value sale of the year to date. Offering potential highlighted by 15 indoor EGMs and “extensive outdoor area” on a generous block, the 20-year leasehold of the Royal Exchange Hotel

SLEEPING BEAUTY PALISADE PUB – SOLD

Dormant for nearly seven years, the magnificent Palisade Hotel has sold to a private investor after a packed auction and vigorous negotiation. Located overlooking the Harbour Bridge and foreshore and $6 billion Barangaroo development, the Hotel has been closed since

EXCLUSIVE: NEW ERA FOR TEA GARDENS HOTEL

A Tea Gardens hotel has changed hands after 68 years of family ownership. Manenti Quinlan reported the historic sale of the Tea Gardens Hotel Motel yesterday after a campaign involving potential buyers from around the country. Director Gerry Quinlan told

SLEEPING BEAUTY PUB SET TO BREAK HEARTS AND RECORDS

[caption id="attachment_966" align="alignright" width="284"] Palisade Hotel, 1930s. Government Printing Office. Image courtesy NSW State Library[/caption] One of the sleeping beauties of Sydney pubs has hit the market, after nearly seven dormant years and a massive refurbishment. The Palisade Hotel closed