NEWS PROPERTY

Plans have been lodged on behalf of Paradise South to develop a new short-term accommodation facility at the site of the Beerburrum Motel on Steve Irvin Way at Beerburrum. Two buildings each housing five, one-bedroom motel rooms have been proposed to be built behind the existing motel, cabins and cafe. The two new buildings have been flagged as potential rural workers’ accommodation during pre-lodgement meetings. The report said the proposal’s mission was to “provide safe, compliant accommodation and transportation to help local farmers in their labour requirements”.

A notorious Melbourne motel — described as Australia’s worst — is on the market, likely to be redeveloped into apartments. On Sydney Road in Coburg, the Stay Inn was Melbourne’s worst-rated accommodation on travel review website Trip Advisor — rated before it closed to guests in 2019. Visitors described it as a “slum”, finding bullet holes in the glass and having “fled” without staying a night. “We literally fled the premise in fear of our lives before we even stayed a night,” one visitor wrote. [dm-listing-recommendation experimentname=’midcontent-listings’ positiononpage=’midcontent’] “The scariest motel experience me and my family have ever had,” another said. “Do not stay here. Ever,” wrote yet another.

The owners of the European Bier Cafe in the CBD are selling up and expecting a big price for their prime eastern precinct location and Australian Venue Co lease. Teska Carson agents Larry Takis and Matthew Feld are handling the sales campaign of the 120 Exhibition Street freehold on the corner of Little Collins Street. The 820 sq m double-storey building is on a 293 sq m lot and expected to sell for circa $22 million. The move to sell comes as private equity giant KKR, AVC’s majority owner, reportedly started the ball rolling on plans to float its $1 billion pub and dining business. AVC has a five-year lease on the two-storey pub on the corner of Little Collins Street for five years starting in 2017 with two five-year options. It pays $526,382 a year in rent. The giant 160-site hospitality business has also recently picked up the leasehold on Bimbos in Brunswick Street Fitzroy, the former inner-city music venue, The Punters Club. Chris Morris’ Colonial Leisure Group was the vendor in that deal brokered by JLL agent Will Connolly. AVC has also taken on the lease of another former music venue, the Sarah Sands Hotel which is poised to open in May. A year ago, the prospect of a long shutdown caused by COVID-19 killed off AVC’s $100 million deal to buy the Esplanade Hotel in St Kilda and seven other gastropubs.

The Castlereagh Hotel and the Federal Hotel in Wellington have both been sold, setting a new record sale price for pubs in regional NSW.

Lilyponds Holiday Park in Mapleton has lodged a development application to build a further 17 serviced sites. The caravan park in the centre of Mapleton village has been operating since the early 1980s. The property has powered sites, cabins and caravans with internal sealed access and circulation roadways. There are 45 sites on the 2.044ha block with 30 on-site vans, 11 on-site cabins and four mobile homes. The expansion to the tourist park could rake in an extra half a million dollars for the region, according to documents lodged with Sunshine Coast Council.

Australia’s largest pub operator snapped up a waterfront Sunshine Coast hotel after it went under the hammer $3 million over reserve. About a dozen parties were locked in “strong and aggressive” bidding before Pelican Waters Tavern eventually sold for $10.8 million to Woolworths-backed ALH Group. Burgess Rawson Queensland sales and leasing director Glenn Conridge said the hotel’s size, waterfront location and attachment to a shopping centre made it an attractive buy. He said the four-week sales campaign for the hotel previously owned by ASX-listed ALE Property Group attracted almost 400 inquiries. Interest came from throughout Australia as well as Hong Kong, America and Singapore.

Plans have been lodged with Sunshine Coast Council for a new wedding and events facility at 418 Maleny-Kenilworth Rd, Witta. The proposal includes a new function centre and mansion on the 13.7ha property. The mansion is proposed to have a two-storey building at the centre, with single-level accommodation wings on each side. The wings would be made up of three rooms each, all with bed, ensuite, robe and court area.

Australia Zoo has been working hard to create Cigamp Croc Hunter an $8 million wildlife camping experience. The camp site is expected to lure more than 39,000 visitors to the Sunshine Coast each year. The 108-site campground will include tent accommodation to caravan and RV powered sites to glamping-style tents and eco cabins. It will also include a cafe, reception, entertainment and pool area, caretaker quarters and workshop, amenities blocks, covered cooking areas school camp facilities and a mountain bike course. The site was originally slated to be completed last year.