The freehold concern of the thumping Oxford at Bathurst has come to market, with every angle and upside on a main road of the western capital of racing. The original Oxford is a two-storey brick and timber tin roof classic with a front balcony over the sidewalk, built 1874. The main public area is operated […]
The defrocked and maligned Hotel Orange is in search of a knight, on the rebound from troubled times and more pub than its owners can manage. The large-format two-storey Victorian-style Hotel was established in 1890, built on a generous 614sqm corner block on main street. The Fabar family purchased it in 2006, planning to build
Redcape has let loose the chequebook again, acquiring Bondi Asset Management’s Vauxhall Inn for around $40 million. Bondi Asset Management (BAM) was formed in 2015, counting Sydney hotelier Andrew Lazarus and former Citibank director Stuart King as stakeholders. BAM kicked off plans for pub acquisitions and management with the $28 million purchase in January 2016
PHMG has sold its highly speculated Four in Hand to the Good Beer Company, marking its continued future as a pub. Mitchell Waugh’s Public House Group purchased the Paddington icon in 2015, clinching a hattrick of pubs in the precinct with the formerly two-hatted pub restaurant led by celebrity chef Colin Fassnidge. Despite ongoing success
FOUR IN HAND TO STAY PUB WITH SALE TO GOOD BEER CO Read More »
Australian Venue Company has listed two of the former Drink n’ Dine venues, as it fine-tunes its portfolio amid big expansion plans. In early 2016 AVC, at the time trading as Dixon Group, purchased the three Drink n’ Dine venues from group founder Jamie Wirth, comprising the Oxford Tavern in Petersham, and the Norfolk Hotel
The freehold interest of Rozelle’s Native Rose – formerly the Ruby L’otel – is for sale, with a craft beer tenant on a long lease. Investor Michael Huang bought the property in 2015, and largely operated it himself, until executing a major renovation on the bar, bistro, gaming room, beer garden and eight upstairs accommodation
A Sydney-based syndicate has sold Narrabri’s big Tourist Hotel to an enterprising local set to breathe some new life into the simmering local. Narrabri is a town of 6,000 people around 500 kilometres north-west of Sydney, best-known for its cotton industry and the Santos $3bn Narrabri Coal Seam Gas Project. The two-storey Tourist Hotel, built
Riversdale has ended speculation of a complete sell-down with the purchase of the Lambton Park Hotel in suburban Newcastle. The pub was bought around three years’ ago by a partnership of three newcomers to the industry, who went on to also buy Sydney’s Haymarket Hotel. The trio put the Lambton Park – locally known as
The Marlow Hotel Group has secured the huge Peachtree Hotel in Penrith, following less than a year’s ownership by ASX-listed property developer, Boyuan Holdings. Chinese development company Boyuan Holdings Limited (ASX: BHL) bought the big Penrith pub last October from long-time owner Colin Parras, paying $15.5 million. The Peachtree Hotel – locally known as The
The highly successful O’Brien Group has secured a foothold in Sydney with the lease rights purchase to Singleton’s iconic Icebergs in Bondi. The internationally renowned Icebergs Dining Room & Bar (IDRB) occupies 675sqm on the top level of the three-storey building standing over the heritage-listed Bondi Baths, built on Crown land, facing north-east across the
O’BRIEN GROUP LANDS SINGO’S BONDI BEACH ICEBERGS Read More »
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