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28 Federation Street

Ballimore NSW 2830

7
3
20
159 m²
House
Currently for sale - view listing

Overview

Hair Of The Dog, Ballimore

Hair of the Dog Inn, Ballimore presents an outstanding opportunity to secure a well known Central West hotel investment with immediate income & future potential. Located an short drive from Dubbo, the property offers strong lease returns along with the potential to benefit from increasing accommodation demand in the region. Offered walk-in walk-out with stock at value, the property is currently making an 8.6% return with the registered lease running through to 11 September 2027, providing a secure income stream for investors. Alternatively, those wishing to owner operate, a simple term may be negotiated with the current tenants. Set on a double block, the hotel features indoor & covered outdoor entertaining areas, a spacious yard & powered camping sites, making it a popular stopover for travellers & caravanners. The venue is also well known for its regular events & is strongly supported by the local community & visitors from Dubbo. The building has undergone extensive upgrades, including a new roof, upgraded heating & cooling, beer system upgrade with new pumps & compressor, a commercial kitchen fit out & renovation of all accommodation rooms. Staff accommodation is also located onsite. With seven accommodation rooms & potential to expand further (STCA), the property is well positioned to take advantage of increasing demand driven by renewable energy projects in the region. A classic Australian country hotel with secure income & exciting growth potential, Hair of the Dog Inn represents a rare regional investment opportunity. Inspection by appointment.

Features

7 bedrooms
3 bathrooms
20 carspaces
20 garage spaces
159 m² floor area
House

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Local market activity for 7 bedroom houses in Ballimore

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