Real Estate

VICTORIAN PUB CLIMATE BREEDING NEW PLAYERS

Posted on May 25th, 2015 by Clyde Mooney
A dynamic new hotel group has snapped up the suburban giant Vincent Hotel, amid plans for further strategic expansion. Emanating from the successful Port Phillip Charters cruise business, Dixon Hospitality Group (DHG) has bought four pubs in a little over

ROCKLEA GOOD FOUNDATION AS MARKET BUILDS: POWER

Posted on May 25th, 2015 by Clyde Mooney
A Brisbane hotel family takes the keys for the Southside’s Rocklea Hotel today as opportunity continues to shift in the State’s pub assets. The popular corner pub on Ipswich Rd joins a flurry of venues in Queensland being bought or

PADDINGTON’S ‘NASH’ SNAPPED UP

Posted on May 22nd, 2015 by Clyde Mooney
The freehold of Paddington’s iconic Grand National Hotel has sold, as investor appetites broaden. Tenanted by Lance Burrowes’ LJB Hotels on a long-term lease, the “Nash” Hotel is in fact one of the largest single land holdings in the highly

HERITAGE HOTEL FALLS UNDER THE HAMMER

Posted on May 20th, 2015 by Clyde Mooney
A classic Queensland beauty will sadly go under the hammer next month, following Cyclone Marcia and a shift in the tides of fortune for the owner. Will Fowles bought Rockhampton’s Heritage Hotel in 2005, and survived several swings in the

AFL STAR SELLS MELBOURNE PUB

Posted on May 18th, 2015 by Clyde Mooney
Former AFL star Corey McKernan has sold his Melbourne pub as other business interests grow. The Prince Alfred Hotel in Port Melbourne was built in the late 1800s and is described as “a beautiful, character-filled property”. “We had some really

OLDEST PUB IN BRITAIN FOR SALE

Posted on May 18th, 2015 by Clyde Mooney
A pub claiming to be the oldest in Britain is up for sale. Built in 825AD, The Cridford Inn has resided for over 1,000 years in the village of Trusham, in the Teign Valley. It holds a strong claim to

TWIN GAMING PUBS FOR SALE AS ‘OPPORTUNITY BECKONS’

Posted on May 13th, 2015 by Clyde Mooney
Two big gaming pubs in Sydney’s west have hit the market as the Feros Group ‘swaps opportunities’. Operating five large format pubs, the family-run Feros Group has honed in on successes in foodservice, these days plating up over 15,000 mains

‘TROPHY’ PUB SMASHES PRICE EXPECTATIONS

Posted on May 13th, 2015 by Clyde Mooney
The auction of “trophy asset” the Imperial Hotel smashed price expectations, as Victoria’s hot commercial market sees values rise and yields fall. Located across from Parliament House, and a popular haunt for off-duty politicians, the sale of the exquisite 1858

LIGHT BRIGADE HITS MARKET RUNNING AMID BIG POTENTIAL

Posted on May 11th, 2015 by Clyde Mooney
One of the best-known pubs in Sydney’s Paddington has hit the market, as development in the area and market conditions prove irresistible. Speaking with PubTIC, long-time operator of the Light Brigade Hotel, Dean Haritos, said the temptation to test the