This is the site of one of the original hotels in the area, dating back to 1841. Numerous coaches stopped at this hotel after crossing the Macquarie River. It was a successful business venture and attracted settlers, station hands and later miners.

The Lion of Waterloo Hotel is situated in Montefiores. Cobb & Co crossed the Bell River behind the pub after the horses had been changed and passengers refreshed; these days you can have a picnic in a park at the crossing and imagine what a sight the coach must have made as it ploughed its way through the water.

The Lion of Waterloo still welcomes visitors and has some interesting history of its own (in 1854, it is said to have witnessed the last known duel in Australia).

Today The Lion of Waterloo is a historic tavern with modern food, wines, cappuccino, homemade scones, biscuits and cakes.