ALH Group buys two Queensland hotels
ALH Group, which parent Woolworths last year announced it would merge with its Endeavour hotel and drinks distribution business, then spin off into new entity Endeavour Group Limited (EGL), has purchased two Queensland pubs.
In Bowen, 200 kilometres south east of Townsville, the Queens Beach Motor Inn was acquired from a private consortium which had owned it since 2015.
On 1.2 hectares, the facility (pictured, above right) includes 45 motel rooms, a drive-through bottle shop, bar, lounge and function room.
It is licensed for 19 electronic gaming machines (EGMs) – according to website pubtic.com.au which reported the ALH deals in this item.
Meanwhile in Goondiwindi, about 350 kilometres south west of the Brisbane CBD, ALH Group has purchased Victoria Hotel (pictured, top).
The Klein family had owner-occupied this asset since November, 2006.
Built in the 1890s as a single-storey structure it was extended by the Pendock family in the 1920s.
Today it includes accommodation, bars and a drive-through bottle shop.
It is also licensed for 28 EGMs.
Savills Hotels’ Christian Tsalikis sold the Goondiwindi property following an off-market campaign.
Woolworths’ joint venture partner for ALH is Bruce Mathieson Group (BMG), directed by Bruce Mathieson Senior.
Today we reported one of Mr Mathieson’s daughers, Deborah Tomsic-Mathieson, paid more than $12 million for Ballarat’s historic Craig’s Royal Hotel, which was developed in 1853 and renovated between 2003-2010.
