The Sloan family has put to market Rozelle’s Garry Owen Hotel, as they head south to family and new enterprises. The two-storey Federation-style pub occupies 358 m² on the corner of bustling Darling Street and Matilda in Rozelle, just five minutes from the Sydney CBD. It was purchased from Laundy Group in 2013 by industry […]
ROZELLE’S GARRY OWEN TO MARKET AS SLOANS GO SOUTH Read More »
The six-week all-star campaign for the Marlborough Hotel has culminated with Bruce Solomon and celebrity chef partner Matt Moran taking the keys for $33 million. John Singleton, Geoff Dixon and Mark Carnegie’s $300m Australian Pub Fund (APF) began offering its Riversdale assets to the stock-starved pub market last November with rumours the large-format Marlborough, popularly
SOLOTEL WINS ON RIVERSDALE’S MARLBOROUGH SUPER-PUB Read More »
The ASX-listed Lantern Hotel Group recently completed a very public exit from the hotel game. PubTIC spoke with CEO John Osborne about the Group’s problems, the subsequent solution, and those jaw-dropping premiums to book value. Emerging from a failed pub REIT created by finance giant ING, Lantern became an owner-operator, with around two-dozen pubs and
The refurbished Kalamia Hotel is on the market, in Australia’s sugarcane capital in north Queensland. Ayr is located about 90 kilometres’ south-east of Townsville, part of the Burdekin Shire, which produces the most sugarcane per square kilometre in the country. The Kalamia Hotel occupies a 3,746 m² block on Queen Street and comprises a public
Hickey and Negas have sold their Grosvenor Hotel in Waterloo for north of $5 million to some industry newcomers looking to get in on the action of Sydney’s thriving inner-west pub scene. Former CCA executive Denis Hickey and businessman Warwick Negus bought the corner pub from Riversdale in 2010, and passively listed it last year
The Braithwaite family is divesting their Commercial Hotel, in Boolaroo, ahead of thousands of new residents moving in next door. Situated on 1,399 m² on the prominent corner of Main Rd and First St, the two-storey Commercial Hotel is already a local landmark. Around 207 hectares across First Street from the Hotel is under development
BRAITHWAITE’S COMMERCIAL ON OFFER AMID LOCAL MASTERPLAN Read More »
The ‘Heart of Chippendale’ is open to suitors, as Brett Strauss leaves his American-style pub on the fringe of Sydney’s CBD. The Chippendale Hotel, aka The Chippo, is a three-storey Victorian pub near Central station, in one of Australia’s oldest working-class suburbs. The bar, bistro and beer garden have been themed as an American burger
In what could be record short time on the market, Dean Haritos has signed over the deeds to his booming Verandah Hotel to an unnamed “well-known Sydney hotelier”. The price was reported to be “comfortably in excess” of the $9 million price expectation suggested at the campaign launch – just last week. Haritos manages numerous
Prominent Sydney publican Dean Haritos has been tempted to market with his last pub, offering the high-end Verandah Hotel to a galvanic market. Located between Castlereagh and Elizabeth Streets, adjacent to Martin Place, the Verandah occupies a generous 1,000 m² with frontage on both streets, courtesy of two alfresco areas. The Hotel is operated by
Plenty of big names were amongst the crowd that overflowed the auction room of Ray White yesterday for sale of the top-billing Tennyson Hotel and regional stronghold the Figtree Hotel. The auction began with Wollongong’s Figtree, possessing a huge 9,300 m² site and development potential including recent rezoning to Band 3. Currently operated by the
AUCTIONS SOAR: TENNYSON TO MERIVALE AND FIGTREE TO DENFISH Read More »
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