Great news. The Border Inn Hotel in Apsley in the Wimmera region of Victoria has changed hands and is set to reopen. I was very close to buying a block of land in Apsley until I had a change of heart and chose to stay in South Australia. The town is on the cusp of becoming a ghost town–in recent years the hotel, general store, motel and service station closed. This was part of the appeal to me as the lack of services played on property prices. Property in Apsley is cheap.
A group of farmers bought the hotel through a cooperative ownership structure. Similar has happened before, but it’s usually a town’s store that is saved with cooperative ownership. I believe the business and property had been on the market for some time without much interest. It took a creative solution to finally reopen the doors of this great pub. Say locals, a vital part of the community.