Owner’s vi­sion for ‘Feddy’

Pre­sen­ta­tion on Thurs­day night

Deniliquin Pastoral Times - - FRONT PAGE - By ZOE MCMAUGH

A re­fur­bished Fed­eral Ho­tel has the po­ten­tial to be an ‘‘ex­cit­ing ad­di­tion to the so­cial and en­ter­tain­ment scene’’ in De­niliquin, ac­cord­ing to the build­ing’s owner Paul Trow­bridge.

Mr Trow­bridge, who pur­chased the long­time dor­mant ho­tel in Jan­uary last year, will share his vi­sion for the build­ing and De­niliquin in more de­tail at a pub­lic meet­ing in De­niliquin on Thurs­day night.

Ini­tial con­cept plans for the for­mer ho­tel on the cor­ner of Cressy and Napier Sts in­clude re­viv­ing the bar and restau­rant, but also a fixed-seat­ing cinema, func­tion rooms and ac­com­mo­da­tion.

A syndicate own­er­ship model is also be­ing sought for the rede­vel­op­ment.

Mr Trow­bridge says his in­ten­tion is to pro­vide a venue that will sat­isfy a range of lo­cal needs and wants and sup­port the lo­cal econ­omy.

‘‘De­niliquin does not need a 200-seat cinema, nor does it need an­other ba­sic pub, but what I be­lieve it needs is a va­ri­ety of of­fer­ings un­der one roof,’’ Mr Trow­bridge said.

‘‘The com­mu­nity needs a cen­trally lo­cated venue so they don’t have to go to Echuca-Moama — to take the kids for a movie and a meal which takes both money and the chil­dren out of town.

‘‘The Fed­eral Ho­tel will be some­where peo­ple can feel com­fort­able.

‘‘I un­der­stand there are some peo­ple who are cyn­i­cal about whether this is go­ing to get off the ground, but to me that only means peo­ple are pas­sion­ate about their town and this ho­tel.

‘‘This Thurs­day night is about invit­ing peo­ple to come along and find out what’s hap­pen­ing, and to gauge pub­lic opin­ion.’’

The meet­ing will be held at The Cross­ing Cafe in Ge­orge St, De­niliquin, from 6pm to 7.30pm.

In­cluded in the pre­sen­ta­tion will be more in­for­ma­tion on the com­mu­nity in­vest­ment model for the rede­vel­op­ment, which is be­ing han­dled by Do­maCom Frac­tional In­vest­ing.

Mr Trow­bridge says the night is not about se­cur­ing those in­vest­ments.

‘‘Thurs­day’s meet­ing is about giv­ing peo­ple in­for­ma­tion and ask­ing them to be­come am­bas­sadors for the project, even if they are un­able to put any money into it,’’ he said.

‘‘Some peo­ple may only be able to put $5000 or $10,000 in, but they can say ‘I own a piece of this’. So when they go there (to the Fed­eral Ho­tel) they know they have put some­thing back into their as­set, but they’re also putting life back into the town cen­tre.’’

Mr Trow­bridge pur­chased the ho­tel af­ter re­lo­cat­ing lo­cally to run his beef cat­tle and crop­ping en­ter­prise at Barham Sta­tion East.

He had pre­vi­ously been the CEO of a bank based in the Mid­dle East, and al­ready owns com­mer­cial and res­i­den­tial prop­erty in De­niliquin and district.

He said he had orig­i­nally come to De­niliquin last year to in­spect an­other com­mer­cial prop­erty, when the op­por­tu­nity to pur­chase the Fed­eral Ho­tel was raised with him.

‘‘I did not set out to pur­chase the Fed­eral, but Deni is a great town and I was there to see a real es­tate agent about an­other prop­erty. I had looked at it and was quite in­ter­ested in it.

‘‘I asked this agent who didn’t have the ho­tel as his list­ing, what else was hap­pen­ing in the town? He said if I re­ally wanted a chal­lenge and to do some­thing for the town I should con­sider buy­ing the Fed­eral.

‘‘I didn’t know what it was at that stage, but I went and had a look and I bought it a week later.

‘‘I have other her­itage ho­tels in re­gional Aus­tralia, and I felt this was no dif­fer­ent to any of them.’’

Mr Trow­bridge said the only neg­a­tive re­gard­ing the sale was the time it took to com­plete set­tle­ment and get started on the new de­vel­op­ment.

Any­one wish­ing to at­tend Thurs­day night’s pre­sen­ta­tion is asked to email sales@do­macom.com.au. More in­for­ma­tion on the project is also avail­able at www.thefed­dy­deni.com.au.

Paul Trow­bridge.

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