An article in The Mirror newspaper, which closed in the 1950s, reported the hotel would service a growing population and a district that was undergoing a considerable increase in houses, shops and other buildings.
Murray Cutbush is only the fourth person to have owned the popular venue since it opened and said he was planning a few public functions to celebrate.
“It’s still here, while a lot of the others went a long time ago,” Mr Cutbush said.
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Mr Cutbush said the hotel’s clientele would have been quite different when it first opened.
“The area used to be light industrial and manufacturing – there was a tyre place across the road,” he said.
“It was mostly men and mostly workers, very commercial. It used to serve very little food; now food is 25 per cent of our business.”
Mr Cutbush said the small bar movement in Perth was probably attracting some of the hotel’s potential patrons, but he respected the idea of the small bar.
“I applaud them,” he said.
“They are great; there is a lot we can learn from them.”