Secure Income, Gaming Upside, and Capital Growth – Bidgee Hotel Ticks Every Box

Specialist national brokerage firm, HTL Property, in conjunction with Nicholas Tinning, is proud to announce the sale of The Bidgee Hotel on behalf of returning HTL client & veteran publican Peter Griffiths.

Prominently positioned on a corner site in Narrandera’s town centre, the Bidgee Hotel is offered as a pure passive investment underpinned by a triple-net lease, with over 11 years remaining on the initial term and a further 10-year option. The lease delivers $75,000 in Year 1, rising to $87,000 in Year 2 and $115,000 in Year 3, with CPI-linked annual reviews providing long-term, institutional-grade income security and growth.

The sale additionally includes the option to acquire five valuable Band 3 Gaming Machine Entitlements, three of which are currently leased and generating $69,300 per annum, with two banked for future deployment or value realisation.

“Few regional assets are as well-rounded as the Bidgee Hotel, combining secure tenancy, passive gaming income, and embedded capital appreciation – precisely the qualities investors seek in a market short on genuine high-yield, defensive opportunities,” said HTL Property’s Paddy Dalton.

The venue itself has benefitted from a comprehensive ground floor refurbishment and features a popular public bar, 80-seat dining room, lounge, pool room, beer garden, and Keno. Additional revenue drivers include Narrandera’s only drive-through bottle shop and a large function space with private bar and children’s playground – cementing the Bidgee’s role as both a commercial performer and community favourite.

Importantly, there is further upside on the hotel’s first floor, which includes a manager’s residence and ten hotel-style rooms,” said Nicholas Tinning of Chris Tinning & Co. “This present clear potential to meet Narrandera’s growing accommodation needs, driven by JBS, large agribusiness operators, and the significant pipeline of solar and infrastructure projects in the region.”

Strategically located 100km west of Wagga Wagga and positioned between Sydney and Melbourne along the Mitchell and Newell Highways, Narrandera is experiencing a surge in public and private investment exceeding $300 million across infrastructure, renewable energy, and agribusiness. This momentum, paired with a rapidly growing tourism sector, underpins ongoing demand for quality hospitality and accommodation assets.

“The Bidgee Hotel satisfies all three pillars of a defensible hospitality investment – diversified, de-risked, and deeply aligned with the macro tailwinds reshaping south-west regional NSW,” concluded HTL Property’s Ben Kennedy.

The Bidgee Hotel is being offered for sale via an Expression of Interest campaign, closing at 3:00pm (AEST) on Wednesday, 1 October 2025 (unless sold prior).

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