The Royal Hotel is a charming country pub located in Narromine, a short minute drive from the busy regional city of Dubbo, NSW. Well supported by locals, passing holiday makers and tourists, this is a fantastic and affordable opportunity to enter the tightly held passive investment market. The Hotel is set upon 2,750m2* of combined land over two land parcels. The Hotel features a public bar, TAB and Keno facilities, commercial kitchen, bistro, beer garden, drive through facility, outdoor undercover area, childrens' play area and air conditioned three bedroom managers residence.
- Excellent return on investment of 8% - Good location on Narromine's main street - Strong rural tourist area close to the city of Dubbo - Lease in place until August 2029 with 2x5 year option periods - Great tenant in place - Potential to expand the current business - An affordable freehold opportunity for the savvy investor
Contact Richard Tegart for an appointment to inspect today!
*approx. Outlines indicative only
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123 Dandaloo Street
Narromine 2821, New South Wales