Long-time publican Barrie Frost has called time, listing his last pub – The Oaks, The Oaks. The Oaks is an idyllic suburb on the outskirts of the metro, around 12 kilometres west of Camden, around 75 from the CBD, in a growth corridor of south-west Sydney alongside Campbelltown and Narellan. The Oaks Hotel is on […]
Merivale has furthered its inner-west presence with the $22+ million purchase of APF’s Vic on the Park in Marrickville. John Singleton, Geoff Dixon and Mark Carnegie’s Australian Pub Fund (APF), backer to Riversdale, has been selling down its high-value portfolio, Vic on the Park representing the seventh sale, leaving just Balmain’s Unity Hall, and The
Against the trend in a booming industry, the receiver sale of Lithgow’s Tattersalls Hotel has emerged, the neglected property and stalled business heading to auction. The freehold of the Tattersalls was bought around a decade ago by the incumbent, offering a strong yield based on unrealistic rent from the tenant. Settlement was swiftly followed by
Paddington’s Captain Cook Hotel opposite Allianz Stadium has come to market, as the operators look to new projects in development. The Captain Cook has stood since 1882 at the intersection of Flinders St and Anzac Parade, where eastern suburbs arterial Moore Park Rd meets Foveaux St, opposite Moore Park and both Allianz and Sydney Football
John Singleton has listed his tenure in the iconic Icebergs bar in Bondi, continuing his run of hospitality sales while business is booming and prices are high. Perched on the top level of 1 Notts Ave, facing north-east across Bondi’s legendary Beach and right-hand break, Icebergs Dining Room & Bar (IDRB) is its own kind
Jewel of the central coast the Patonga Beach Hotel has sold to a growing operator, the waterfront pub to become another addition to the acclaimed Boathouse port. Boasting 1540sqm of water frontage overlooking Patonga Beach, facing south-east across Pittwater to Palm Beach, the Hotel was first listed last August by Scape Constructions, which had purchased
The Murphy family has parted with Maitland’s thriving Belmore Hotel, with a local businessman picking up the freehold going concern for $9 million. The Murphys have owned the Belmore since 2003, and citing increasing interests in other endeavours made the reluctant decision to list the pub, which boasts several bars, a successful foodservice operation, large
In a market short of metropolitan opportunities, the Ruby Hotel in Rozelle is for sale or lease following extensive refurbishment and operation by the investor owner. Michael Huang purchased the Ruby in 2015. Commonly known as Ruby L’otel, it enjoys a good-sized block in a prominent position on Victoria Road opposite O’Conner Reserve, just four
John Feros’ JDA Hotels and associates have executed a sale and management deal on top gaming pub the Allawah Hotel for around $30 million. Located on 1,274sqm on a corner of Railway Parade, beside the refurbished Allawah train station, the Hotel is ranked #140 on the Liquor & Gaming list of NSW venues, up ten
Following plenty of interest and multiple written offers, Peter and Emma Braithwaite are off to tour the sub-continent as they pass the mantle of their beloved Commercial Hotel to industry newcomers. The Braithwaites listed their big corner pub in Boolaroo in March, Peter telling PubTIC at the time it was “time for us to move
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