NEWS PROPERTY

The acquisition of Bellinzona Resort by local operators reflects a “return to normality” for the regional accommodation market, JLL Hotels and Hospitality Group says. The property was added to Tony De Marco and Theresa Albioli’s growing portfolio, which includes 65 properties throughout the Daylesford area.

Craft brewer Kaiju! Beer is taking the leap into hospitality, leasing space in Huntingdale that was occupied for more than 10 years by a motor mechanic. The seven-year old brewer has taken out a seven year lease on the 500 sq m space at 27 Hume Street, paying $45,000 a year. The leasing deal was struck by Knight Frank agent Stuart Gill. Kaiju! Beer, founded by brothers Nat and Callum Reeves, is planning to convert the site into brewpub opening at the end of the year. They’re following the lead of several other craft brewers and wineries opening in industrial space. Jamsheed Urban Wineries opened late last year in a warehouse at 4 Albert Street, Preston down the road from Moon Dog World on Chifley Drive.

What would it be like to run the New Sydney Hotel? It’s is a pretty common question for anyone who has enjoyed a pint or two at this historic Hobart watering hole — and now someone will realise that dream. Knight Frank has listed the leasehold and business for sale — not the building — and the property agency expects there will be plenty of interest. Sales consultant John Blacklow said the pub had always been one of the best in Hobart, with a consistently high revenue over a long period. “Even in this climate, I expect a lot of interest,” he said. “The vendor, Gary Lawrence, will offer attractive terms to the right lessee.”

A reception centre on the site of the first floor colonial-era dwelling on Mount Dandenong is on the market. The CountryPlace Conference and Function Centre is located where pioneers Isaac and Ann Jeeves build the first house and later, hotel on the ranges east of Melbourne. CBRE hotels agent Scott Callow has t he listing. CountryPlace has 62 guest rooms and variety of function rooms. It’s on a give hectare site at 180 Olinda C

Garry Miller has sold The Brighton Hotel in Mandurah – the first pub believed to be sold in Western Australia since the COVID-19 shutdown began on 23 March. The hotel was purchased by a Perth syndicate, with the deal negotiated by CBRE Hotels’ Ryan McGinnity.

Expressions of interest are being sought for an approved beachfront tourist accommodation park on the edge of The Great Barrier Reef at 66-72 Rules Beach Road. Comprising 5.05 hectares, the balance area of ‘Rules Beach Estate’ is being marketed and sold by Ray White Special Projects Qld Executive Directors Mark Creevey and Tony Williams, in conjunction with HTL Property Directors Glenn Price and Brent McCarthy.

A near-100-year-old pub building restored to its former glory by an ex-All Black has been placed on the market for sale. The property at 40 High Street, in Frankton, Hamilton, has been home to the Frankton Hotel since 1929 and is owned by Graham “Moose” Whiting, who played 31 matches for the All Blacks in the early 1970s. Whiting, who also used to own the hotel business, had nursed the Art Deco-style building back to health but is now looking to divest himself of the property. The 1580sqm building sits on 1618sqm of flat freehold land and is leased to the owners of the Frankton Hotel until 2024, with three further six-year rights of renewal. It generates annual rental of $104,000 plus GST and outgoings. Various portions of the hotel have new building standards ratings of between 25 – 85 percent. Bayleys Hamilton sales agent Josh Smith, who is marketing the property for sale by tender, closing on June 25, said the two-storey character venue was originally built to service the needs of rail workers, and predicted rail would be the cornerstone of the venue’s future.

In the little-known ghost town of Linda, 10 minutes from the small mining town of Queenstown, you’ll find the blackened concrete ruins that were once the Royal Hotel, and it is on the market. A source of fascination for Tasmanians for decades and steeped in a mysterious history, the property is for sale for just $149,000. Real estate agent Wendy Van Balen said there had been “quite a bit” of interest so far, despite the remote location and lack of internal fittings in the property. “Some Tasmanians but also some people from interstate, basically just people looking for peace and quiet,” she said. Quietness is essentially guaranteed, with Linda having a population of fewer than 10 people.