 The building changed ownership a number of times but largely remained as a "Guest House/Private Hotel" until 1988. , Ian Joye's Coronet Investments develop a "European-inspired" block of three three bedroom, two-level apartments behind (west of) Gladswood House.The building has been recently been tastefully restored.Constructed of sandstone, it features two wings, a verandah with three bays, a slate roof, Tudor chimneys and a fireplace that is thought to go back to 14th century England.