46-48 Gladstone Street, Glenrowan, Victoria
LEASEHOLD - 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, VIC - North EastKey Investment Insights
1. Historically significant asset built in 1908, linked to Ned Kelly’s last stand, supporting strong tourism appeal.
2. Prime location in a thriving tourist town, adjacent to the Hume Highway, generating heavy year‑round traffic.
3. Sole public house in Glenrowan, reducing local competition and capturing town footfall.
4. Multiple revenue streams across bar, bistro, functions and accommodation, with parts currently underutilised.
5. Priced to sell, offered with competitive rent and a new lease direct from the landlord, improving acquisition clarity.
6. Two outdoor licensed beer garden areas, increasing capacity and seasonal revenue potential.
7. Situated directly opposite the Wangaratta Information Centre and the Ned Kelly Discovery Hub, which attracts about 2,800 visitors per month.
8. Neighbouring Glenrowan Kelly Country Motel, enhancing accommodation referral opportunities and visitor capture.
9. Turn‑key hospitality offering following renovation and rejuvenation work completed over the last 12 months.
10. Two underutilised ground floor rooms present immediate upside for private dining or function conversions.
11. First class plant and equipment with significant recent upgrades, reducing near‑term capital expenditure.
