46-48 Gladstone Street, Glenrowan, Victoria
UNDER CONTRACT - Glenrowan Hotel, VIC - 1P0575
Leasehold - $115,000
Business Description
MHB is proud to present to market, the leasehold business sale of the Glenrowan Hotel.
Built in 1908 and home to Ned Kelly & his gangs last stand, a historically significant chapter of Australian Folklore, the Glenrowan Hotel is prominently situated within this popular tourist town location.
Key Features:
* Thriving tourist town close to the Hume Highway - heavy traffic all year round - only pub in Glenrowan.
* Revenues across bar/bistro/functions/accommodation - an underutilised area.
* Priced to sell, competitive rent, new lease direct from landlord.
* 2 outdoor licensed beer garden areas.
* Located directly opposite the Wangaratta Information Centre and the Ned Kelly Discovery Hub that attracts 2,800 visitors per month and next door to the Glenrowan Kelly Country Motel.
* This venue is a turn-key hospitality offering - all the hard work has been done here over a renovation & rejuvenation over the last 12 months.
* 2 underutilised ground floor rooms provide upside across private dining/function rooms.
* First class plant & equipment with significant upgrades across the hotel.
For more information or to make an enquiry, contact us direct on ---------- .
Business Summary
Other Features / Notes
EXCLUSIVE, Hotel, Leasehold, Under Contract, VIC - North EastKey Investment Insights
1. Historically significant 1908 pub, site of Ned Kelly’s last stand, providing strong tourist appeal and marketing differentiation.
2. Prime position in a popular tourist town, close to the Hume Highway, generating heavy year‑round traffic.
3. Sole pub in Glenrowan, creating local monopoly for drinks, meals and functions.
4. Directly opposite Wangaratta Information Centre and the Ned Kelly Discovery Hub, which attracts about 2,800 visitors per month.
5. Located next door to the Glenrowan Kelly Country Motel, offering immediate accommodation feeder market and partnership potential.
6. Diversified revenue streams across bar, bistro, functions and accommodation, with noticeable underutilised areas for upside.
7. Two underutilised ground‑floor rooms presenting clear conversion potential for private dining or function space.
8. Two outdoor licensed beer garden areas, increasing capacity and appeal for events and seasonal trade.
9. Recent renovation and rejuvenation within the last 12 months, delivered as a turn‑key hospitality offering.
10. First‑class plant and equipment with significant upgrades, new lease direct from landlord, competitive rent and priced to sell; leasehold sale currently under contract.
