Hair Of The Dog, 26-28 Federation Street, Ballimore NSW 2830

Property Details: • Type: House

• Bedrooms: 7 • Bathrooms: 3

Description: 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.