One of the Wimmera's most historic buildings is on the market, with the listing agents "overwhelmed" by the initial interest in the property.
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The property was listed for sale via Colliers International Ballarat, with expressions of interest open for potential buyers.
Listing agent Charles Kennedy said there was a wide range of options for people who want to purchase the site.
"We are telling people that we expect it to fall within the range of $1.25 million to $1.5 million, based on its size and underlying land value, and that will ultimately be determined by what we receive as written offers," he said.
"We have been overwhelmed with the enquiry on it.
"It is pretty wide open to a variety of tourism, entertainment, business conferences, wedding options for example.
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"There is a whole host of combinations that it could be used for.
"It is a big piece of land, it is a big building area and some money will have to be spent completing improvements, but at the same time it offers a lot of potential to whoever acquires it.
"It is a wide open process to see what the market is interested in."
The expressions of interest process will run until Friday September 17, with negotiations able to begin once the submissions are completed.
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The property is located at Lot 2, 1-7 Horsham Road, Stawell, with 3,500 metres squared of available land.
According to the site listing, the Old Hospital building is "ripe for conversion" with an administration building with rental history, function hall, services building all included.
The agents have listed potential suitable uses as mill market, function centre, entertainment, tours or convert to accommodation uses.
The Pleasant Creek Centre was the site of the first hospital in Stawell and was opened in 1850.
Part of the building remains on the site, there were more elaborate alterations in 1881, it featured a Benevolent Ward for elderly miners.
The area has a long history of community use, initially as a health service and subsequently as the Pleasant Creek Training Centre, an area where people with intellectual disabilities were accommodated and educated and participated in day programs.
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