The railway reached Toowong in 1875, and by 1876 there was a Railway Hotel across the road from the station. The hotel changed its name in 1884, and became the Royal Exchange. It is pictured below from around 1908. The structure next to it is the lookout for the fire station.
(Photo: State Library of Queensland and John Oxley Library)
I'm guessing here, but perhaps the most important thing to happen to the hotel was the building of the new University of Queensland just down the road in the early 1930s. Having a hotel at the rail access point that serviced the uni would have been a blessing to the students and the hotel. It has become a favourite student hangout. The RE has seen some changes - the photo below shows an extension has been added to the left side.
My more current photo (below) shows the latest view of the RE after a recent paint job.
(Photo: © 2010 the foto fanatic)
Unfortunately the hotel was recently in the news for all the wrong reasons. Usually a place where people go for a drink and a game of pool, or a bet at the TAB and a round or two on the pokies, the RE found itself in the news as two of its security people were charged with murder after the death of a patron who was ejected from the premises. They were found not guilty.
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