We present a detailed analysis of the radio galaxy PKS 2250-351, a giant of 1.2 Mpc projected size, its host galaxy, and its environment. We use radio data from the Murchison Widefield Array, the upgraded Giant Metre-wavelength Radio Telescope, the Australian Square Kilometre Array Pathfinder, and the Australia Telescope Compact Array to model the jet power and age. Optical and infra-red data come from the Galaxy And Mass Assembly (GAMA) survey and provide information on the host galaxy and environment. GAMA spectroscopy confirms that PKS 2250-351 lies at z=0.2115 in the irregular, and likely unrelaxed, cluster Abell 3936. We find its host is a massive, `red and dead' elliptical galaxy with negligible star formation but with a highly obscured active galactic nucleus dominating the mid-infrared emission. Assuming it lies on the local M-sigma relation it has an Eddington accretion rate of lambda_EDD~0.014. We find that the lobe-derived jet power (a time-averaged measure) is an order of magnitude greater than the hotspot-derived jet power (an instantaneous measure). We propose that over the lifetime of the observed radio emission (~300 Myr) the accretion has switched from an inefficient advection dominated mode to a thin-disc efficient mode, consistent with the decrease in jet power. We also suggest that the asymmetric radio morphology is due to its environment, with the host of PKS 2250-351 lying to the west of the densest concentration of galaxies in Abell 3936.