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Almost $45m has been splashed on three Sunshine Coast pubs in less than two months as former owners called last drinks.
ALE Property Group recently sold Pelican Waters Tavern and the Noosa Reef Hotel and the Scanlon family also offloaded Surfair at Marcoola in an off-market sale.
Industry heavyweights Hotel Property Investments and Australian Venue Co snapped up the iconic Surfair after a discreet sales campaign by HTL Property s Glenn Price and Brent McCarthy.
It is believed the beachfront hotel sold for $20m.
Having previously sold the hotel to the Scanlon family s Suncoast Hotel Group, Mr Price said it was rewarding to be tapped again to manage the family s exit. ....

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