John Feros’ JDA Hotels has listed Top200 pub the Padstow Park Hotel, with new extended trading and price expectations in the high $20 millions. After executing sale-and-leaseback of the Group’s Allawah Hotel last September, and record-breaking auction of the development-ready Tennyson to Merivale in late 2016, the large-format Padstow Park will also go to auction, […]
The Grand View Hotel overlooking the Blue Mountains is looking for a loving new owner, as its long-standing patriarch throws in the towel in pursuit of retirement. Vendor Ben Tufrey has owned and operated the Grand View for 16 years, and looking to do some long-awaited travel and spend time with family, has listed the
The affluent Ophir Tavern in Orange is on offer, boasting a massive block and development opportunity at an undercooked pub in a rising regional town. The Ophir, taking its name from a Biblical port famous for its wealth, is one of just two pubs in the eastern side of Orange, around three and a half
Local mining identity Dale McNamara is parting with his painstakingly restored Morpeth pub, the River Royal Inn, having breathed life back into the drowned historic building. A ‘super storm’ in early 2015 brought a wall of water crashing through the back of the 1827-built pub in Morpeth, just east of Maitland. The massive repair bill
The march of Merivale continues with another prominent acquisition, the group picking up Halcyon’s Hotel Centennial on Oxford Street, Woollahra. The Centennial is a landmark two-storey pub built in 1888 on a 780sqm block, opposite Centennial Park, making it proximate to race-goers from Randwick, and visitors to Sydney Cricket Ground and Football Stadium. It was
MERIVALE TAKES ANOTHER HEART OF THE EASTERN SUBURBS Read More »
The Tattersalls Hotel in Narrabri has come to market, as its Central Coast owners increase focus on businesses closer to home. Narrabri is around 450 kilometres due west of Coffs Harbour, about 500 north-west of Sydney. It is a country region that is growing in prospects and employment, as seen in the recent advancements in
The embattled Tattersalls Hotel at Lithgow is set to soar again, after a lengthy legal battle, receivership and auction sees a new start for a familiar face. The freehold title of the pub was bought nearly ten years ago, occupied by a tenant paying unrealistic rent, who soon broke the lease on the basis the
Brisbane’s hottest hotel nightclub has come to market, as its creators look to more daytime pub pursuits. The Met is a big-format operation in Fortitude Valley, located between Brunswick St Mall, China Town, and Valley Train Station, every week home to the biggest National and International talent in the DJ and live music world, and
Patrick Ryan and family have joined the coveted ranks of the sale-and-leaseback, divesting the title to Sydney CBD landmark the Republic Hotel, and staying on as operators. Ryan and siblings have owned the property since 1999 and executed a number of pivots with the market, most recently a multi-million-dollar renovation to produce a very on-trend
After an exhaustive marketing campaign, the Caledonia Hotel has been sold to new blood, as the incumbent looks to other hotel and business interests. Local Ian Negline has been owner of the Caledonia, along with other Central Coast hotels and tourist parks, operating the pub under management. Amid growing commitments, he offered up the freehold
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