46-48 Gladstone Street, Glenrowan, Victoria
UNDER OFFER - 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 Offer, VIC - North EastKey Investment Insights
1. Leasehold sale currently under offer, exclusive listing in North East Victoria.
2. Iconic heritage building built in 1908, marketed on Ned Kelly historical significance.
3. Only pub in Glenrowan, providing local market dominance and limited direct competition.
4. Prime tourist location close to the Hume Highway, offering heavy year‑round passing trade.
5. Positioned directly opposite the Wangaratta Information Centre and the Ned Kelly Discovery Centre, which attracts about 2,800 visitors per month.
6. Adjacent to the Glenrowan Kelly Country Motel, creating accommodation and cross‑referral synergies.
7. Revenue streams across bar, bistro, functions and accommodation, with identified underutilised areas for growth.
8. Two outdoor licensed beer garden areas and two underutilised ground‑floor rooms suited to private dining or function conversion.
9. Turn‑key operation following a renovation and rejuvenation over the past 12 months, ready for immediate trading.
10. Competitive rent and new lease direct from the landlord, paired with first class plant and equipment after significant upgrades, reducing near‑term capital expenditure.
