A businessman with property and agricultural interests in the New South Wales (NSW) Riverina and northern Victoria purchased the Federal Hotel, Deniliquin in late 2015 (known as ‘the Feddy’ to many locals) following its 8-year closure. Together with a media and entertainment company, a plan has been prepared to renovate the property to become a focal part of Deniliquin offering food and beverage services, luxurious cinema seats, and Bed & Breakfast style accommodation.
DomaCom is offering investors the opportunity via the DomaCom Fund to own units in a sub-fund that will acquire the Feddy with the aim to provide investors with high yielding returns and improved capital value from the development of the new entertainment complex.
The cost to acquire the Feddy, refurbish and reopen it as an entertainment complex is expected to be approximately $1.5 million. DomaCom has already secured 27% funding at this stage, hence, the target amount to raise is $1.1 million.**
**The actual amount to be raised is subject to full project costing and feasibility and will be advised prior to acceptance of any applications for investment.
Deniliquin is a beautiful vibrant town on the edge of the NSW outback and on the banks of the Edward River, a branch of the Murray River. Deniliquin is only a short drive from the Victoria/NSW border towns of Echuca/Moama.
The town is particularly attractive as it is built around the river and a series of lagoons which are surrounded by both parkland and state forest.
Deniliquin is in the heart of an irrigation area which covers 725,000 hectares. The district is a significant producer of rice, timber and wool to name a few.
Deniliquin is also home to the now iconic Deni Ute Muster, an event conceived in 1999 that annually attracts close to 20,000 people. According to the Deni Ute Muster website, this event injects between $9 to $13 million into the local economy annually.
For a DomaCom Fund sub-fund that is intended to acquire the Feddy
Please note that return figures below are estimated returns only and cannot be considered as a guarantee of your investment performance.
|Investment opportunity||DomaCom is offering investors the opportunity via the DomaCom Fund to own units in a sub-fund that will acquire the Federal Hotel, Deniliquin NSW with the aim to provide investors with high yielding returns and improved capital value from the development of the new entertainment complex.
|Project||Refurbishment of the Federal Hotel – corner of Cressy & Napier Streets, Deniliquin NSW to include:
|Target crowdfunding raise||$1.5 million (with approximately 27% funding already secured)|
|Estimated return on investment||It is targeted that on completion of the refurbishment, the improved value of the Feddy and entertainment complex will provide investors in the DomaCom Fund sub-fund with capital growth in the vicinity of 15-20%, and an estimated ongoing net rental income of 7% p.a.
|Investment term||There are no withdrawal rights from a sub-fund until it is terminated, however the DomaCom Fund
provides a liquidity solution.
Please refer to the DomaCom Fund Product Disclosure Statement (PDS) for more information.
|Location||Deniliquin NSW is only a short drive from the Victoria/NSW border towns of Echuca/Moama, on the banks of the Edward River, a branch of the Murray River.
The district is a significant producer of rice, timber and wool to name a few. Deniliquin is also home to the now iconic Deni Ute Muster, an event conceived in 1999 that annually attracts close to 20,000 people.
Please refer to the DomaCom Fund Product Disclosure Statement (PDS) for more information before making an application.
Investors are encouraged to submit their Application Form online as soon as possible. Please visit to make an application and lodge your funds into the DomaCom Fund.
If you would like to invest in the Feddy via the DomaCom Fund, you can join this crowdfunding campaign by completing the application and lodging your investment funds through this General Advice page. Please ensure that you first read the DomaCom Fund’s Product Disclosure Statement (PDS). For a copy of the current PDS, please click here or call your financial adviser.
When you have lodged your bid and the campaign is filled, you will also receive a Supplementary Product Disclosure Statement (SPDS) outlining the specific offer to invest in the Feddy sub-fund, which will contain all the information required for you to make a decision. You are not bound to proceed with your bid amount for this crowdfunding campaign in the Feddy sub-fund of the DomaCom Fund until you accept the offer contained in the SPDS (which will include the specific details for the properties).
If you are new to DomaCom, click on the Apply button below to begin your application. If you are an existing DomaCom Fund investor, you can login to access your account and all the other public crowdfunding campaigns by clicking the Investor Login button below.