Real Estate

WAUGH’S PHMG SECURES ANOTHER EAST-SYDNEY PUB ICON

Posted on October 14th, 2015 by Clyde Mooney
  Mitchell Waugh’s newly-formed Public House Management Group (PHMG) has bought the first pub sold by the Ryan Family since 1992. Purchased by John and Sally Ryan in 2011 for around $15 million, the famous Woollahra Hotel – home of

4 IN HAND FOR SALE AS MARKET SOARS

Posted on October 12th, 2015 by Clyde Mooney
Sydney’s famous gastro pub the Four In Hand is up for sale, as the owners are tempted by the booming market. The freehold going concern of the Paddington landmark is on the market for the first time in over a

CHINESE INVESTOR SAILS INTO SOUTH COAST HOTEL

Posted on October 12th, 2015 by Clyde Mooney
The ASX-listed Abacus Property Group has divested an underperforming NSW South Coast asset, as opportunities continue to flow from China. The Mariners Waterfront Hotel is located on 5393 m² of prime frontage onto Bateman’s Bay, with development opportunity and favourable

DEVELOPER-READY IRISH PUB TO GO UNDER THE HAMMER

Posted on October 9th, 2015 by Clyde Mooney
Hotel investors are likely to battle developers at the pending sale of popular Melbourne pub Bridie O’Reilly’s. The freehold of a generous block in Brunswick will go to auction later this month, boasting Commercial 1 zoning and the successful Bridie

INVESTOR SNAPS UP SYDNEY HOTEL FOR $18.5M

Posted on October 7th, 2015 by Clyde Mooney
The $18.5 million sale of the Bounce Backpackers hotel continue the run of offshore investment dollars that have seen Australia rank second in the Asia-Pacific region for hotel transactions. The five-star hotel is located opposite Sydney’s Central Station, with a

COLES PRIME FREEHOLD GOES TO MARKET IN NSW CENTRAL COAST

Posted on October 2nd, 2015 by Clyde Mooney
Continuing the trend of prime-tenanted freehold investment sales, one of Coles’ Spirit Hotels big trading pub and bottle shops is up for grabs. Located on the Pacific Highway between Gosford and Newcastle, the Northlakes Tavern was built by Coles on

ROYAL EXHIBITION TO SHOW REAL ESTATE MARKET STRENGTH

Posted on September 30th, 2015 by Clyde Mooney
A prominent city fringe freehold going concern has come to market, with a range of potential upsides likely to test market potential. The Royal Exhibition Hotel is in the heart of Surry Hills, adjacent to Central Station, and significantly, outside

RANDWICK’S TOP ‘DOG’ SELLS TO CRAFTY PUBLICAN

Posted on September 23rd, 2015 by Clyde Mooney
Owners of the uber-successful and crafty Dove & Olive and Keg & Brew have snapped up a Randwick landmark to add to the award-winning portfolio. The burgeoning Good Beer Company (GBC) has bought Newhaven Hotels’ Duke of Gloucester, with plans

‘SEA CHANGE’ PUB SALE COULD WITNESS REDEVELOPMENT

Posted on September 23rd, 2015 by Clyde Mooney
The ultimate ‘Sea Change’ pub has come on the market in Melbourne, offering potential for a landmark holiday destination development. The St Leonards Hotel, overlooking Port Phillip Bay pub south-west of Melbourne, was once the centre of the ABC’s late