<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

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<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Hotel Sale

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Universal Hotels, the hospitality vehicle for the Kospetas family, have purchased the Surry Hills landmark, Kinselas.
It's been sold by the Australian Pub Fund, the groups sixth hotel sale in as many months.
No sale price has been given with estimates of $22 million, and $23 million up to $30 million.
Andrew Jolliffe at Ray White Asia Pacific sold the property through an expressions of interest campaign.
“Kinselas, since its inception as a hotel in 1910, has been a very popular entertainment magnet and a mainstay upon the Sydney hospitality landscape" Jolliffe said.
"The multi-level and two street fronted nature of the hotel, complete with a full suite of gaming machines and a deliberate connection to music as a revenue lever, means the business' multi-faceted appeal ensures strong patron support across the breadth of licensing hours available to it."
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/06/Kinselas3.jpg" alt="">
Universal Hotels is headed by patriarch Jim Kospetas and is supported by his sons Harris and Steven.
Sydney CBD's Civic Hotel, V Bar, and Hotel Downing all fall under the Universal Hotels ownership. They recently opened 1821 in Martin Place.
Australian Pub Fund now has just the four hotels in their portfolio.
In Sydney they have the Unity Hall in Balmain and the Vic on the Park in Marrickville while in Brisbane they own the Stock Exchange and the Elephant Arms.
Australian Pub Fund director Matthew Beach said the sale of the property aligned with the company's strategy.
"The sale of Kinselas is consistent with the fund's previously announced strategic objectives to sell our pubs at cap rates that reflect their market value, as well as illustrating our desire to deal at market value with experienced buyers" Beach said.
There was limited price guidance on offering but it was written by trade press that Newtown's Marlborough Hotel and Kinselas in Surry Hills, came with combined expectations of about $60 million.
The Marlborough fetched $30 million to $35 million last month. 
 
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jrobinson-rf4aSBido9

Surry Hills icon Kinselas sold to Universal Hotels

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The Beach Hotel in Albert Park has been sold to mainland Chinese investors for about $18 million.
The two-level, 1880s-built pub on the corner of Beaconsfield Parade and Victoria Avenue, overlooking Albert Park Beach, was sold by business interests associated with well known hotel broker Terry Board of TJ Board &amp; Sons.
The deal to buy the Beach Hotel, along with the neighbouring Foodworks supermarket, was struck on a yield of about 4.2 percent.
The pub and supermarket bring in annual rent of about $758,000 with both on long leases, according to The Australian Financial Review.
 
The Beach Hotel sold with a seven-year lease to McKinnon Hotels, while the Foodworks sold with a 10-year lease to the supermarket operator.
But the AFR noted the property sold with a redevelopment clause, allowing the new owners to terminate the leases at short notice.
Current height limits would allow an apartment development of between three and five storeys.
The Beach Hotel offers function rooms, a courtyard bistro, 12 guest rooms on the upper floor and 32 poker machines.
The sale of the pub was negotiated by CBRE Hotels.
Another landmark Melbourne pub, St Kilda's Prince of Wales Hotel, sold for just under $45 million to a mainland Chinese investor in 2015.
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j.ballantyne1990-6AQqhLzZaK

Beach Hotel, Albert Park sold to Chinese buyer

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The Dove &amp; Olive Hotel in inner Sydney’s Surry Hills has changed hands for about $11.85 million, passing from The Good Beer Company to a member of the Murphy publican family.
The two-level pub has 12 poker machine entitlements, a beer garden and terrace, and a rooftop bar. It specialises in craft beer.
The pub has sold to a company held by Sonya Deale, after a campaign run by JLL’s Hotels &amp; Hospitality Group’s John Mucsa, according to a report in The Australian.
The agent was cited by the newspaper as saying Surry Hills was developing as one of Sydney’s most sought-after city fringe areas, with the Devonshire Street pub at the heart of the precinct.
 
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jonathanchancellor-7SQnKwU6yx

The Dove and Olive Hotel in inner Sydney sells for over $11.8 million

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The Mornington Peninsula's Best Western Plus Brooklands Hotel has sold for around $9 million to Melbourne hotel operators.
Located on Nepean Highway at 99 Tanti Avenue the property features accommodation, wedding and function facilities, 53, four-star guest rooms, four function rooms, a heated indoor pool and gymnasium on 9,000sqm.
Scott Callow from CBRE said it was only the second time the asset had been available to purchase.
"The key features that appealed to vying purchasers were the location and large landholding," he said.
"We saw significant interest from a mix of owner operators, investors, business buyers and developers.
“Mornington is continuing to grow as a popular tourist destination, due to the array of beaches, restaurants, wineries and its close proximity to Melbourne’s CBD. The premium hotel is a short walk to the popular Main Street shopping and restaurant precinct and within walking distance to both Mothers and Mills beaches, making it a prime investment opportunity.”
 
 
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Mornington Peninsula Brooklands hotel and venue sold

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General Gordon Hotel in Sydney's south-west suburb of Sydenham has sold in an off-market deal by Lantern Hotels Group, which announced its divestment via the ASX.
The deal was valued at $18.1 million, according to the ASX announcement by Lantern.
The buyer is a hotelier in the Sydney region, according to selling agent Ray White Hotels Australia's Andrew Jolliffe, who did not disclose more details.
The sale of the multi-level General Gordon Hotel marks another round of divestment by the Lantern Group. Among the hotels it has sold in recent years are the Commodore Hotel in North Sydney for $14.5 million and Five Dock Hotel for $28.5 million to former Wallaby front tower Bill Young. Both deals were handled by Jolliffe. 
He is currently selling the Crown Hotel in Surry Hills and John Singleton's largest hotel property, the Marlborough In Newtown.
Jolliffe said the market sentiment for A-Grade hotels in gateway eastern seaboard cities remains strong. 
"Petrol prices at the pump sub $1.50 per litre, the $AUD sub 75 US cents per dollar, senior debt priced at/or below 4.5% including margin and industry indexed consumer spending at existing levels all suggests to us some continuity and reliability around the current internal and external investor sentiment regarding the asset class,” he said.
“Fundamentally, the majority of assets are underpinned by property, gaming inventory or both; and whilst-ever high level market receptors such as those referred to above maintain a tight band width regarding recent trends, we are confident astute investors and operators will assess the opportunity as, if not more positively, than has been the case over the past 24 months.” 
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General Gorden Hotel in Sydney's south-west sells for $18.1 million in off-market deal

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The Riversdale Group has appointed Ray White hotel broker Andrew Jolliffe to sell the iconic Marlborough Hotel in Sydney's inner city suburb of Newtown.
It is Riversdale’s largest and most valuable hotel property. It last traded for $7,675,000 in 2012.
Offers close March 1, on <a href="https://www.commercialrealestate.com.au/property/145-king-street-newtown-nsw-2042-2013361127" target="_blank">The Marly, an expansive large format hotel</a> with multiple bars, function spaces and a high performing gaming room with 30 very valuable EGMs.
"The Marlborough Hotel is a compelling opportunity for astute investors," he said.
"Located 5km from the Sydney Central Business District, the 978sqm property comes with a 1940’s constructed Interwar architectural style hotel.
"The multi-street fronted Marlborough Hotel is, in the first instance, a most serious piece of fringe CBD commercial real estate; and at almost 1000sqm and numerous storeys including an approved alfresco roof top area; the investment flexibility is patently clear.
"In addition to all above however, is the cash flow potency and reliability the current business model promotes; with well in excess of $10m in combined annual receipts enjoyed by the balanced revenue centers.
"Situated outside Sydney's lock-out zone, and with perpetual ownership of 30 very valuable gaming licenses and a DA approval for a licensed rooftop operation, it all augurs well for fantastic future revenue attraction.
"We've espoused the view recently, and confidently, that the market indicators suggest a case for A-grade freehold hotel yields to contract below 8% in gateway east coast cities.
"In fact, with the prevalence of well-priced debt and record revenue levels being achieved in some sectors of the industry, the downward pressure in yields is far more pronounced than any upward pressure we've seen exhibited."
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Riversdale's largest Sydney hotel, The Marly, listed for sale

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Merivale boss Justin Hemmes has paid $37.05 million for The Tennyson Hotel in Sydney's south.
The auction conducted by auctioneer Damien Cooley for Ray White attracted 250 people including the who's who of the pub industry.
<img src="https://www.urban.com.au/images/2016/12/02/Screen%20Shot%202016-12-02%20at%2011.54.15%20AM.png" alt="">
The Tennyson, whose design is illustrative of a Sidney Warden-designed inter-war functionalist structure, fetched a record hammer price for hotels. 
The Ray White Hotels Asia Pacific director Andrew Jolliffe listed the Top 100 gaming property, The Tennyson Hotel at Mascot.
 Set on Botany Rd, the Tennyson Hotel is a popular hotel with 30 gaming machines.
"Notwithstanding the latest ranking at 87 in NSW, the hotel requires an upgrade," Jolliffe advised. 
The leading hotel architect Paul Kelly has designed a renovation which has DA approval.
"Only a very small number of Top 100 gaming hotels have changed hands over the past few years," commented Jolliffe.
"The reality is that this should be a Top 50 Gaming hotel," he added.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2016/11/03/Aerial%20Hero%20Image.jpg" alt="">
The two-level large format hotel is on the busy Botany Road and High St corner.
Its allotment is 1400sqm.
Jolliffe's client, JDA Hotels recently contemplated an unsolicited offer, advised John Feros of JDA Hotels.
<img src="https://www.urban.com.au/images/2016/12/02/Screen%20Shot%202016-12-02%20at%2011.53.59%20AM.png" alt="">
The hotel, even in its currently unrenovated state, attracts in excess of $8m in annual receipts from predominantly high gross profit margin revenue centres.
 
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jchancellor-FAypfDUnLy

Merivale's Justin Hemmes pays $37.05 million for Tennyson Hotel

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A renovated hotel with a turnover of $28,000 per week in Victoria's historic gold-mining town of Beechworth has recently sold for an undisclosed sum.
The <a href="https://www.realcommercial.com.au/property-hotel+leisure-vic-beechworth-501480123" target="_blank">Hibernian Hotel at 34 Camp Street</a> comprises seven self-contained apartments and tea rooms.
The apartments have a turnover of $3,000 per week while the tea rooms are rented out for $20,000 per annum. The property occupies a land area of nearly 2,054 sqm.
The property was sold by Chapman Gould &amp; May.
Listed in 2015, it was on the market for 632 days.
Its last listed price was $2,250,000.
<img src="/images/2016/12/01/Hibernian1.png" alt="">
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Beechworth hotel with $28,000 pw turnover sold

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The Dudley Hotel, Bathurst, is set for auction on December 15.
Manenti Quinlan and Associates of Sydney and Thomas Cooper and Company of Newcastle have been appointed as agents.
The Dudley Hotel is a regional icon in one of the fastest growing regional areas in New South Wales.
The hotel has a wonderful streetscape with a wrought iron wrap-around verandah.
The hotel has been refurbished.
Bathurst is just over two hours from Sydney in a region steeped in history with a continually growing tourism focus.
The hotel provides an offering across food, beverage and gaming.
The marketing indicates trading figures demonstrate "excellent" cash flow and identify the continual growth of the business.
The hotel occupies a strategic 2,914 square metre site with extensive on-site parking.
"The Dudley Hotel is undoubtedly one of the best regional hotels to come to the market in the last five years," Gerry Quinlan of Manenti Quinlan said.
He expects interest from interstate as well as local buyers.
Richard Thomas of Thomas Cooper and Company believes that the stable and vibrant Bathurst economy provides security to potential investors.
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Leading NSW regional hotel in Bathurst set for auction

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A motel in the scenic seaside village of Port Campbell, close to Victoria's famous Twelve Apostles, is on the market along with another adjacent vacant site.
The property, <a href="https://www.commercialrealestate.com.au/property/2-10-lord-street-port-campbell-vic-3269-2013115367" target="_blank">2-10 Lord Street</a>, sits on the southern arm of the Port Campbell harbour, across the road from the ocean and sandy swimming beach, abutting and overlooking the Coastal National Park.
<img src="/images/2016/11/17/Screen%20Shot%202016-11-17%20at%209.37.14%20AM.png" alt="">
The motel has 26 rooms set on 4,096 square metres. It is close to restaurants, cliff top lookouts and the jetty.
The property is offered with vacant possession, including a fully equipped inventory to run the business. It is in Business Zone 1.
<img src="/images/2016/11/16/Vic2.png" alt="">
The adjoining beach-facing vacant allotment has an area of 1,011 square metres.
<img src="/images/2016/11/17/Screen%20Shot%202016-11-17%20at%209.38.48%20AM.png" alt="">
According to the property's description, the combined title areas represent "one of the most desirable land holdings on the Great Ocean Road".
The freehold property is close to Great Ocean Road destinations Loch Ard Gorge, 12 Apostles &amp; Shipwreck Coast.
<img src="/images/2016/11/17/Screen%20Shot%202016-11-17%20at%209.38.35%20AM.png" alt="">
The motel is located in a tourism hotspot that sees around two million visitors every year.
The listing agent is John Castran of John H Castran Pty Ltd.
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