Mornington Peninsula's Dava Hotel sells for $15.75 million on 2.7pc yield
The Dava Hotel was purchased by a cashed-up “big property owner” after 18 tenders to purchase were submitted. A big drawcard was the 1.55ha landholding.
Source: afr.com
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Hospitality: David Warner-backed brewery expected to sell for 'north of $20m'
The star cricketer is an investor and a director of St Andrews Beach Brewery near Sorrento on Victoria’s Mornington Peninsula.
Source: afr.com
Commercial property: Why the humble country pub is selling like hotcakes
The commercial property market is feeling the pinch. The traditional powerhouses - offices and shops - are struggling, but amid the carnage the humble country pub is now hotter than ever before.
Source: brisbanetimes.com.au