ONE of Bendigo’s most popular and historic watering holes has been sold.

The National Trust-listed Gold Mines Hotel, located on Marong Road, was offered for sale through agents McKean McGregor.

Real estate agent Jayden Donaldson yesterday confirmed the sale of the property, which had been due to go to auction today.

Mr Donaldson said the property had been purchased for an undisclosed price by a Melbourne-based investor who was looking to continue the historic pub’s long and proud tradition as a key player in Bendigo’s hospitality industry.

He said there had been strong interest in the property from both local and Melbourne-based interests.

The Gold Mines Hotel was built in 1872, and is located on a prized about 0.5 hectare allotment that includes stunning heritage gardens that have helped the pub regularly earn a spot in the Top 100 beer gardens of Australia.

Two other significant local hotels are also on the market, with the British and American Hotel on Eaglehawk Road being offered for sale as a freehold going concern business with hotel licence or as a passive investment.

The Newmarket Hotel, located on the corner of Charleston Road and Nolan Street is also for sale.