46-48 Gladstone StreetGlenrowan VIC 3675
Property Details for 46-48 Gladstone St, Glenrowan
Last Listing description (October 2023)
EXCLUSIVE TO MHB
Make a stand in Glenrowan!
Offering to market the leasehold business interest of the Glenrowan Hotel for the first time in over a decade!
The only hotel in famous Glenrowan, the home of Ned Kelly & his gangs last stand in a historically significant chapter of Australian Folklore.
Built in 1908, the historic Glenrowan hotel is perfectly situated offering the potential buyer many features including a spacious public bar, 52 x seat bistro with an extra 100 x seats in the beer garden and surrounds, footpath trade, a commercial kitchen which was rebuilt in 2018 plus ample parking for patrons.
As a bonus there are 5 bedrooms and 1 bathroom which could be used as either owner accommodation or utilised as extra hotel accommodation revenue.
Glenrowan is currently experiencing a renaissance in tourism and residential infrastructure, so this is a perfect time to seize the opportunity to own and operate this beautifully presented hotel business.
Key Features:
* Established and growing tourist location in thriving Glenrowan
* Very good lease terms, offering an extra 3 x 5 years
* Home of the famous Kelly Gang siege
* One hotel town with robust trade
* Excellent plant & equipment
* Dining has great capacity throughout the business
* Repeat cliental
* 5 bedrooms and 1 bathroom - owner accommodation or extra revenue
* Glenrowan Tourist Enterprise Centre opening in August 2023
For genuine sale. First class inspection!
Contact Dan McDonald at MHB direct on 0437 838 368 for more information.
Property History for 46-48 Gladstone St, Glenrowan, VIC 3675
- 09 Dec 2024Sold for $748,000
- 21 Jul 2023Listed for Sale Leasehold $165,000
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About Glenrowan 3675
The size of Glenrowan is approximately 47.0 square kilometres. It has 6 parks covering nearly 26.4% of total area. The population of Glenrowan in 2016 was 963 people. By 2021 the population was 1049 showing a population growth of 8.9% in the area during that time. The predominant age group in Glenrowan is 60-69 years. Households in Glenrowan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenrowan work in a professional occupation.In 2021, 88.10% of the homes in Glenrowan were owner-occupied compared with 87.20% in 2016.
Glenrowan has 559 properties. Over the last 5 years, Houses in Glenrowan have seen a 68.73% increase in median value. As at 30 November 2025:
- The median value for Houses in Glenrowan is $641,446 while the median value for Units is $378,402.
- Houses have a median rent of $265.
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