Lake Illawarra Hotel trades locally
The Hampton family has sold Windang’s Lake Illawarra Hotel after 36 years. At 198 Windang Road, the former Tooth’s brewery
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Hotels
Third time lucky for Jam Factory revamp
An application to redevelop South Yarra’s Jam Factory as a mixed-use village with an end value of $1.5 billion will
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Charter Hall bids for ALE Property Group
Charter Hall – for its Long WALE REIT (CLW) and a trust managed for Hostplus – has entered a Scheme
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Billy Brownless adds another pub to portfolio
Former footballer Billy Brownless has added another Geelong pub to his hotel portfolio. The leasehold of the Commun na Feinne,
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Demons sell Bentleigh pub to developer
As part of plans to exit the gambling industry by next August, Melbourne Football Club has sold a Bentleigh pub
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Zagame family sell Reservoir hotel
The Zagame family has sold the freehold of Reservoir’s Edwardes Lake Hotel for $28 million. The deal, with Hotel Property
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Historic Balmain hotel sold
Peninsula Hospitality Group has snapped up one of Balmain’s oldest licensed pubs – the Dry Dock Hotel. At 22 Cameron
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Stronghold picks up Cairns pub, development sites
Stronghold Investment Management has added a Cairns pub and neighbouring apartment development sites to its diversified portfolio. The Grand Hotel,
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Oscars buys riverside Brisbane hotel
Bill and Mario Gravanis’ Oscars Hotel Group is paying a speculated $50 million for the Oakwood guesthouse beside Brisbane’s Story
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Blacktown hotel sells for $25m
Bob McGhee has sold Blacktown’s Adam’s Tavern after three decades. The hotel and bottle shop on 1867 square metres at
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Waugh picks up Waterloo pub
Ashton Waugh has purchased Waterloo’s Grosvenor Hotel with refurbishment plans. The triple storey property on 304 square metres at 153
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Howler trades for $4m
The warehouse-converted Brunswick bar occupied by Howler has sold for $4 million. The price for 16 Michael Street – two
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Customs House Hotel sold
The c1873 Customs House Hotel, in Williamstown, has traded for $5.85 million. On a 1100 square metre Commercial 1 zoned
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Ned Kelly boosts regional pub portfolio
Ned Kelly has added Casino’s Tattersalls Hotel to his regional pub portfolio. At 136 Barker Street, the c1859 double storey
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Green light for Windsor station hotel
After four years, SMA Projects has been granted approval to develop a hotel over rail lines at Windsor station. The
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V-Leader snaps up permit-ready South Yarra block
V-Leader is paying a speculated $22 million for South Yarra’s distinctive Hotel Claremont. The 906 square metre site, 189 Toorak
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Paul Little begins Portarlington pub refurb
Paul Little has begun a c$10 million refurbishment of Portarlington’s Grand Hotel. The businessman paid $8.45m for the double storey
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Roche Group pots another New England hotel
Roche Group has acquired another pub, this time in Uralla, on the Northern Tablelands. The Thunderbolt Inn – developed in
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Redcape proposes to delist
Postscript: shareholders voted to delist on September 10. Redcape Hotel Group directors have proposed to delist with a $247 million
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Tudor Inn sale sets yield benchmark
ALE Property Group is banking $15.66 million from Cheltenham’s Tudor Inn. The price reflects a net passing yield of 3.79
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Skyrise rooftop bar coming to South Yarra
Following a win with the Victorian Civil and Administrative Tribunal, the rooftop of a 24-level office under construction at 627
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ALE pots $14m from historic pub
ALE Property Group has sold Toowong’s Royal Exchange Hotel for $14.05 million – a price reflecting a four per cent
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Knox buys another New England hotel
Jim Knox is paying a speculated $7 million for the Royal Hotel Moree. The two storey pub at 54 Haber
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JDA, Star snap up Queensland hotels
Publicans have swooped on two Queensland hotels in deals worth a total of $22 million. In Bundall, about three kilometres
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Paddington hotel sold to operator
The Captain Cook Hotel freehold, in Paddington, has sold for $10.5 million to a syndicate linked to the tenant which
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Tilley & Wills add Hawkesbury pub to portfolio
Simon Tilley and Nick Wills are speculated to be paying $12 million for the Richmond Inn Hotel, in Sydney’s outer
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Newcastle East hotel trades after 33 years
The Grand Hotel in Newcastle East is selling for a speculated $6 million. The c1891 pub has been held by
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Zagame, IPR trade $99m pub portfolio
IPR Hotels is paying Zagame Group $99 million for four Victorian hotel leaseholds. The priciest, in Berwick, 41 kilometres from
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Roche Group snaps up regional pub
Roche Group has added to its regional NSW pub portfolio – with Armidale’s Royal Hotel. The off-market deal for 107
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Jim Knox acquires Whitebull Hotel
Guyra grazier and hotelier Jim Knox has acquired another regional pub. The Whitebull Hotel in Armidale is costing $13.25 million
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