NEWCASTLE PUB UP FOR GRABS

Steven Forbes has listed the operations of the Family Hotel in Newcastle West, as Steel City consolidates its massive growth of recent years. c.1880 The Family Hotel occupies around 409sqm on the ground floor of a rendered, Georgian three-story brick

CROWN HOTEL PLAY UP ON RECEIVER SALE

Parramatta’s high-profile Crown Hotel and property have hit the market as receivers take control of the company that bought them from Iris for $50 million. PwC has been appointed as receivers and managers, and today the listing was announced of

BARHAM BETS ON CASINO’S CECIL

After 45 Years operation under management plus an extended settlement, the Hotel Cecil of Casino has been sold. Vendor Nick Bulmer and family have owned the hotel as an asset for over four decades, and listed the pub in late

BUGDENS SAY BYE TO BAGO

Long-timers Peter and Judy Bugden have passed the baton at their Bago Tavern on the mid-north coast to local Glenn Knight. The Bago is located in the historic town of Wauchope, inland from Port Mac, just shy of 400 kilometres

SAVIC SCORES ANOTHER GONG, WITH IMG

Veteran corporate hotelier Steve Savic has teamed up with the players behind IMG Hotels to purchase the tired Mittagong Hotel in the NSW southern highlands, with big plans. Built in the last few years of the 1800s, the three-storey Mittagong

ROYAL OAK TURNS A NEW LEAF

Cessnock’s Royal Oak Hotel is in fresh new hands again, with a Newsome-Horvath partnership finding new life in the old Oak. Built in 1922 on a prominent corner in the gateway to the Hunter Valley, the large brick hotel features

AVC REFINANCES AS BLUE-CHIP FREEHOLDS TURN GOLD

The booming Australian Venue Co is refinancing a new $600 million debt facility, as investors flock to hold the deeds on its pubs around the country. Most recently, the freehold of the Bentley Hotel and associated First Choice Liquor outlet

K2 CONQUERS BLUE MOUNTAIN

Lawson’s picturesque Blue Mountain Hotel has sold to new capital from Sydney, seeing K2 Property Development Group partnering with Locky Paech’s Goodtime Group. Built 1848 as the Blue Mountains Inn, the venue is perched on a high-profile 965sqm corner block,

HERBERT PASSES BATON ON BOOMING BERESFIELD

The big Beresfield Tavern and bottle barn have been sold by ‘accidental publican’ Craig Herbert to local business owners and fellow first-timers Sam and Pierre Patel. In 2021, the Tavern and bottleshop were put to market by Herbert, who had

REGIONAL CENTRES ON FIRE AS HOT MARKET EYES THE BUSH

Investors and hoteliers are pushing top-dollar prices for strong assets in regional hot-spots, as hungry capital eyes the booming Australian hotel market. The freehold has been sold of the Grand Hotel in Armidale – a major locality in the New