Carolyn Cummins is Commercial Property Editor for The Sydney Morning Herald.
Another four other venues in Tamworth have changed hands for $160 million.
The Sundeck Hotel in Perisher Valley, said to be the country’s highest-altitude hotel, has been bought by hospitality investor Peter Dean.
Kaftan queen Camilla will close a high-profile store as GWS deputy chair Adrian Fonseca sells a $9.85 million childcare centre.
A building once owned by the Hemmes family is on the market with a price tag of more than $25 million.
The $82 million purchase in 2022 was seen as a bold move by the Queensland investor when the global pandemic was impacting Barangaroo.
Instead, the Narooma Hotel on the Sapphire Coast joins “Ned” Kelly’s gang for close to $15 million.
The casual, family-friendly dining concept, popular in the 1970s and 1980s, will open at Sydney airport in coming months.
Balmain’s Exchange Hotel – the last of the doomed Jon Adgemis-led Public Hospitality Group’s portfolio – is being sold by the receivers, McGrathNicol.
Novus has extended its reach into the residential sector via the lower north shore.
Local restaurateur Matt Turner is spreading his wings.