First licenced in 1875 the Prince of Wales operated as a hotel until 1921. With its rich and colourful history it then served as a boarding house for Italian migrants before becoming a private residence. Having enormous potential this property offers the character of many original features along with the convenience of a commercial kitchen, beautiful new bathroom, outside bungalow with ensuite, protected courtyard and two outside toilets. The original bar area and lounge with open fire are a feature of the property adding to the ambience along with the large underground cellar that is accessed from inside as well as the courtyard. Positioned on just under one acre with Rotunda, numerous established fruit trees and garden along with the Barongarook Creek meandering close to the west boundary. Create an exceptional reception centre for weddings, functions or small gatherings, accommodation or maybe a cafe (STCA). An inspection of this property is the only way of truly appreciating the potential. The time has come for this notable Colac property with its historic presence to reach new beginnings, it’s now your turn to create history and write the next chapter.