187-191 Barkly StreetArarat VIC 3377
Property Details for 187-191 Barkly St, Ararat
Last Listing description (January 2026)
Proudly located at 191 Barkly Street, Ararat, The Leopold Hotel is one of the town's most recognised hospitality landmarks, offering a rare combination of history, character, and future potential.
Ararat is a thriving regional centre, just 2 hours west of Melbourne and 1 hour from Ballarat, with five direct V/Line services daily from Southern Cross Station. Known as the Gateway to the Grampians National Park, the town attracts thousands of visitors each year. Local attractions include the Gum San Chinese Heritage Centre, Ararat Gallery TAMA, Mount Langi Ghiran wineries, historic Aradale Asylum tours, and the renowned Grampians Peaks Trail.
With a growing population of nearly 12,000 residents, Ararat continues to strengthen as both a lifestyle destination and an investment hub. Its diverse economy, encompassing agriculture, wine production, advanced manufacturing, construction, healthcare, and tourism, provides a solid foundation for ongoing growth.
The Leopold Hotel offers ample space to host guests, events, or leisure activities. The property sits on a generous approx. 1,638m2 approx. corner allotment, providing room for creative layouts and potential expansions. Key features include:
- Two-storey hotel with heritage charm
- Welcoming bistro and dining room
- Classic public bar and lounge
- Well-equipped commercial kitchen
- Flexible function spaces for events and entertainment
- 16 guest accommodation rooms upstairs with shared facilities including showers, toilets, lounge, and kitchen
- Prominent bottle shop with strong street exposure
- Extensive coolrooms servicing both bar and retail trade
- Multiple office and store rooms
- Additional exposure to Barkly Street via attention-grabbing shop fronts
- Large warehouse/storage area at the rear
- Generous outdoor beer garden, ideal for live music, casual dining, and social gatherings
- Rear access and off-street parking for operators and guests
The Leopold Hotel represents a unique opportunity to secure a multi-income hospitality business with a strong community presence and significant growth potential. Whether continuing as a traditional pub or repositioned to suit new opportunities, it combines heritage character with modern commercial appeal.
The Leopold Hotel. A historic landmark with a promising future, right in the heart of Ararat.
TH2108.
Property History for 187-191 Barkly St, Ararat, VIC 3377
- 23 Oct 2025Sold
- 20 Aug 2025Listed for Sale Contact Agent
- 06 Dec 2016Listed for Sale Not Disclosed
Recent sales nearby
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0About Ararat 3377
The size of Ararat is approximately 161.2 square kilometres. It has 25 parks covering nearly 14.9% of total area. The population of Ararat in 2016 was 8297 people. By 2021 the population was 8500 showing a population growth of 2.4% in the area during that time. The predominant age group in Ararat is 50-59 years. Households in Ararat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ararat work in a community and personal service occupation.In 2021, 69.70% of the homes in Ararat were owner-occupied compared with 68.10% in 2016.
Ararat has 4,955 properties. Over the last 5 years, Houses in Ararat have seen a 61.16% increase in median value, while Units have seen a 41.72% increase. As at 31 December 2025:
- The median value for Houses in Ararat is $397,348 while the median value for Units is $277,840.
- Houses have a median rent of $393 while Units have a median rent of $350.
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