WOMEN TRADE HISTORIC COLBINABBIN PUB LEGACY

The two women that saved the Colbinabbin Hotel have passed the baton to another two women, carrying on the legacy of the Victorian pub. The red brick pub has stood on the main road of Colbinabbin, about two hours north

UNIVERSAL ACQUIRE BRIGHTON HOTEL ON OXFORD ST BOUNCE

Universal Hotels has boosted its presence in Darlinghurst, acquiring the multi-level Brighton Hotel in the heart of a rebounding Oxford Street. The Brighton has been owned by the same family since 1977, and hit the market in August as its

MELBOURNE’S ICONIC WATER RAT HOTEL SOLD

UPDATE: The historic Water Rat Hotel in South Melbourne has sold, holding a short lease and offering a range of options for the buyer. The two-storey pub was built in 1858 as Druids Hotel on a 314sqm block just three

WHATHAMS’ AGI HOTEL SOLD TO CHINESE INVESTORS

Singleton’s Agricultural Hotel has sold to a Chinese investor, as long-time owners the Whathams exit the pub game. The ‘Agi’, as it is known locally, has been owned by Allen and Sue Whatham for more than two decades, at times

NEW LIFE AND BLOOD FOR CALEDONIA HOTEL

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

IRIS DIVESTS $34m CLOVELLY HOTEL

Sam Arnaout’s Iris Capital has divested its freehold interest of the Clovelly Hotel for close to $34 million, ending the group’s long history with the beachside pub. Occupying a prominent 1,708sqm overlooking Clovelly Beach, the pub is a landmark of

GINTY LAYS DOWN GLASGOW ARMS

Steve Ginty has sold his Glasgow Arms Hotel in Sydney’s inner west, ushering in another up-and-coming veteran Adam Derwin. Ginty has been a career publican, beginning life in pubs as a barman at the Woolwich Pier Hotel. [caption id="attachment_11062" align="alignright"

ABBOTSFORD’S PARK HOTEL HOT SALE BY AUCTION

Melbourne’s tightly-held freehold market has held to precedent, with the Park Hotel in Abbotsford selling at auction for more than 140 per cent of reserve, at a razor-sharp yield. Built in 1864, the Park sits on a big corner block

BIG NORTH NOWRA PUB SELLS FOR $12m

Sydney publican Mark Duggan has teamed with Gary O’Donnell to secure the large-format North Nowra Tavern for close to $12 million. Duggan operates Burwood’s Avondale Hotel, and O’Donnell brings local knowledge, having formerly run Nowra’s Archer Hotel, before selling it

THE LIBRARY SALE COLLECTS $4.6m

Perth institution The Library has changed hands for the first time in 34 years, the freehold going concern fetching $4.6 million. Entertainment Enterprises have owned the two-storey freestanding venue in Northbridge since 1983, purchasing it as Hannibal’s nightclub. The group