pub – realestatesource

TASMANIAN tourist attraction the Pub in the Paddock is for sale asking $800,000.

The pub, run by Anne Free and renowned for its beer drinking pigs, is in the state’s north-east.

Built as the St Columba Falls Road hotel in 1880, and licensed since 1901, the pub also includes six guest rooms which derive rental income of $75 per night. On three hectares with South George River frontage the property also includes a 100-seat restaurant. A set of pigs, famous for being welcomed in the pub for a drink, are included in the sale price.

Western Australia

Cottesloe Beach Hotel, Western Australia, For Sale

September 16, 2009 Marc Pallisco hotel, pub, tourism and hospitality

BROOKFIELD Multiplex will sell Perth’s iconic Cottesloe Beach Hotel.

The developer failed to obtain a development permit after several years, and will sell the asset as an investment.

Its plans for a $100 million high rise building on the site seemed doomed in May when the Cottesloe Town Council decided to retain a three-storey height limit in the area.

Brookfield Multiplex paid $17 million for the Marine Parade property in 2003. The asking price this time around his not been disclosed.

Victoria

Becton Sells Beaumaris Pavilion Pub to Footballers

August 13, 2010 Marc Pallisco aged care, beaumaris, becton, hotel, Melbourne development site sale, pub

BECTON Property Group has finally offloaded the prominent Beaumaris Pavilion hotel and adjoining car park, in Melbourne’s south.

The East Melbourne-based developer is speculated to have made about $9 million from the sale of the waterfront site, which it bought for $11 million toward the peak of the commercial property market three years ago.

Becton had planned to develop a 65-unit aged care facility on the site, as part of a push into that sector.

Victoria

Naughton’s Hotel, Parkville, For Lease

August 11, 2010 Marc Pallisco hotel, Parkville, pub, retail lease

IN another sign yuppies are replacing the student and working class-base that once defined Parkville and Carlton culture– the Naughton’s Hotel building is being offered for lease, targeting high-end tenants that can reposition the pub as a fancy restaurant.

Ending speculation the iconic Royal Parade pub would be rebuilt as student accommodation, as many other drinking holes in the area have – Alexander Robertson leasing agent Stephen Byrne instead said the building’s owner is seeking a long term operator.

Coincidentally Mr Byrne’s family operated Naughton’s for about 25 years. The building was last reported as selling to a private investor for $3.2 million in March 2006.

Victoria

Abbotsford’s Terminus Hotel Latest in a String of Melbourne Pubs to Sell

March 3, 2010 Marc Pallisco Abbotsford, ALH, Bruce Mathieson, hotel, pub, Woolworths

ABBOTSFORD’s prominent green Terminus Hotel has sold to an owner occupier for a price speculated to be about $5.5 million.

The pub, often touted as being in Richmond because it sits at the suburb border (Victoria Street) was sold by Jones Lang LaSalle’s Mathew George in an off-market campaign.

The Terminus is the latest in a string of pubs to be put up for sale recently.

Victoria

High Rise Apartments Planned For Prominent Site, Opposite Flemington Racecourse Entrance

November 1, 2009 Marc Pallisco flemington, Melbourne suburban apartment tower, motel, pub

FOR the week of the Spring Racing Carnival, it’s arguably Melbourne’s busiest roundabout.

But when revellers return to the races next year – things could very different at the frantic intersection of Ascot Vale, Epsom and Racecourse roads, near the main Flemington Racecourse entrance.

The owner of the prominent 1 Ascot Vale Road site, Flemington Development Company, is preparing to lodge plans to develop an environmentally sustainable 20-level apartment tower, on what is now the Racecourse Tavern, Epsom Bistro, a bottle shop, motel and car park.