This hotel is perfect for a DIY buyer who loves to restore old buildings to their former glory. The eventual sale price will reflect what money needs to be spent and all offers will be considered. The mid north township of Gladstone has a population of approx 600 and once the subject hotel reopens it will be the only hotel in the town to provide food, drink and entertainment to the locals and visitors.
Sale by Agent: John Langford | Langfords Hotel Brokers
The Hotel comprises:
Our Vendor Sue Schack is selling due to the recent sudden death of her husband Rolf.
This is a ‘blank canvas’ opportunity for the successful purchaser to apply their creative thinking.
The hotel was first licensed in 1878 and has been the entertainment hub of the town for over 140 years. It is the only hotel in the Gladstone (2 other hotels closed some years ago).
The hotels architecture is attractive in appearance although its true exterior beauty will be revealed by a fresh coat of paint. The interior is typical of an older style country pub and would respond well to a cost-effective cosmetic upgrade.
Gladstone located some 208 kms north of Adelaide, was a ‘Railway Town’ from 1877 to 1991 and remnants of that fascinating era are evident within the town.
In addition to the train history the old Gladstone Jail built in 1881 was closed in 1978 and is a popular tourist attraction.
Gladstone has 2 primary schools, an area school, IGA, St Johns Ambulance, chemist and public swimming pool. Medical services are available in Laura (20 kms) and Crystal Brook (25 kms).