Queensland island property sold for circa $3 million by ResortBrokers
The freehold and leasehold interest to Castaways on Moreton sold by ResortBrokers Director Alex Cook and Gold Coast Broker Steve Campbell. The resort in Bulwer on Moreton Island – the world’s third largest sand island sold for $3million.
TFE Hotels and Capital Alliance Unite for $340M Docklands Development
Local developer and hotel owner Capital Alliance, in partnership with Australia’s International Hotel Group, TFE Hotels, has announced a first-of-its-kind mixed-use development in Melbourne Docklands, featuring two world class local hotel brands.
Wollongong’s Five Islands Hotel sold to Endeavour Hotels by HTL Property
Owned by the Ludlow Hospitality Fund, founded by hotelier Paddy Coughlan; the refurbished Wollongong hotel sold to Mark Kennedy Endeavour Hotels by HTL’s Sam Handy, Dan Dragicevich and Andrew Jolliffe.
Baycrest Thermal Lodge Lake Taupo sold - Bayleys Real Estate
Baycrest Thermal Lodge freehold investment sold to an Auckland investor for $4,375,000 at a yield of 5.6% net through Bayleys Real Estate, New Zealand.
BrewDog and Australian Venue Co. to open first BrewDog site in Sydney
The partnership continues to bring together Australia’s leading pub operator and the world’s largest craft beer bar operator for expansion in Australia.
Mantra Quayside Port Macquarie sold circa $10 million by ResortBrokers
ResortBrokers Greg James and Trudy Crooks have sold Port Macquarie’s best property in a sale which demonstrates demand for east coast Australian properties continues to flourish. Northern New South Wales Broker Greg James says the circa-$10 million price tag of both the freehold and Management...
The Rydges Sydney Harbour hotel sold to Crystalbrook group circa $100m by Colliers
Crystalbrook’s CEO, Geoff York, said our group has been seeking a Sydney flagship property to complement our growing portfolio. The sale was negotiated by Colliers’ Gus Moors, Karen Wales and George Hudson.
Hotel Deal of the Year Awards Presented at HICAP ANZ
HICAP ANZ announced the winner of its prestigious Development of the Year and Transaction of the Year Awards on 2 September 2022, at the Sofitel Sydney Darling Harbour in Sydney, NSW, Australia.
Hobart’s Iconic Telegraph Hotel Re-Opens After $5m Make Over in partnership between The Bourke family and AVC
Stephen Bourke, who is the joint owner of the building with Brendan Bourke, said they were excited to re-open their family pub. Said “Our family has owned and loved this magnificent waterfront pub for around 30 years. The total refurbishment we’ve undertaken including our stunning rooftop bar is...