HTL Property is pleased to announce the sale process for the Loaded Dog Hotel in the Southern Highlands township of Tarago; and which will be sold via an Expression of Interest campaign closing at 12pm on Thursday 7 October 2021.
Exclusively appointed to manage the sale of the hotel are HTL Property Directors, Blake Edwards and Sam Handy.
The freehold asset Vendors are publicans Mark and Nicole Ryan, who are selling after a 16 year tenure at the pub. Earlier this year, the Ryan’s leased the Loaded Dog Hotel business out to the family’s long term managers at $166,400 + GST + outgoings per annum.
“We expect this asset will be well received by the market due to the very clear popularity of leased hotel investments” advised HTL Property Director, Blake Edwards.
“In addition, the property represents one of the most financially efficient entry points an investor can enjoy regarding access into the prosperous NSW pub market; particularly for an asset with poker machines” Edwards concluded.
The leased freehold investment hotel is situated within the active township of Tarago, which is approximately 35 minutes drive South from Goulburn.
Situated on in excess of 8,000sqm of land, the hotel enjoys a bar, bistro, beer garden, gaming room with 5 EGMs; and is a popular refreshment destination with bike riders and tourists alike.
“I think the asset will also be meaningfully targeted by hotel groups looking to secure a future supply of gaming entitlements for downstream utilization” concluded HTL Property Director, Sam Handy.
HTL Property has sold 38 regional pubs this year alone, in what has been the busiest year for regional hotel transactions in history.
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