1-3 Buch SquareThe Caves QLD 4702
Property Details for 1-3 Buch Sq, The Caves
Last Listing description (May 2024)
Not just the Pub (on 2 Lots) but a large vacant lot and 3 adjoining houses. Total area 11,242m2.(Note all prices quoted exclude GST)
Please consider in your assessment of the Caves Country Pub:
- Year 2020-2021.. Turnover $1,697,085 for net profit from operation of just under 30%
- $2,100,00 for the Pub and adjoining Vacant Land (total area 5,815m2) or
- $2,500,000 for the Pub, Vacant Land and adjoining Residence on 4-6 Barmoya Rd. (Total Land area 9,624m2) or
- $2,850,000 for the Pub, Vacant Land, 4-6 Barmoya Rd. Residence and adjoining 8 Barmoya Rd Residence. (Total area 10,433m2) or
- $3,100,000 for the Pub, Vacant Land, 3 Residences on 4-6, 8 and 10 Barmoya Road (total area 11,242m2)
Existing factors and new work commencing on a number of major projects are going to directly affect the growth and potential of the Cave Country Pub and surrounds.
1. The Rockhampton Ring Road that will send a reported 129 Trucks an hour and huge numbers of traveling public around Rockhampton. The impact for facilities outside the Rockhampton area should be profound and the Caves Country Pub being just 19Klms north of Rockhampton should benefit enormously. The work on the ring road is gathering pace and should be well under way in 2023.
2. Requirement for overnight accommodation for travelers. The capacity to expand the Caves Country Pub into overnight motel/hotel style accommodation is evident. Having access to over 2 acres of land in addition to the area of the Pub means that future growth and direction is assured. More a question of when rather that how.
3. Industrial and Residential development and subdivisions in the areas of both Councils at the suburbs to the north of the CQ University. The sheer numbers of new residences and the associated construction will bring additional clientele to the Caves Country Pub.
4. Growth of the Army base at Shoalwater Bay will not hurt trade with defense forces and related contractors. They all pass by the door.
The proprietors of 32 years have expanded both the business and the real property. They have previously commissioned plans for a motel and these can be made available to new owners if required. Everything about this property leads me to see great future potential. I believe the Caves Country Pub which has been a major part of the lifestyle and backbone of the surrounding community will continue to services their needs for many years into a prosperous future.
Call peter Steele on 0411799499 to discuss
Property History for 1-3 Buch Sq, The Caves, QLD 4702
- 11 Aug 2021Listed for Sale $1,700,000 + SAV
- 23 Sep 2019Listed for Sale $1,500,000 Plus SAV
- 23 Sep 2019Listed for Rent $1,500,000 / year
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About The Caves 4702
The size of The Caves is approximately 45.1 square kilometres. It has 1 park covering nearly 12.9% of total area. The population of The Caves in 2016 was 718 people. By 2021 the population was 680 showing a population decline of 5.3% in the area during that time. The predominant age group in The Caves is 10-19 years. Households in The Caves are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in The Caves work in a trades occupation.In 2021, 88.80% of the homes in The Caves were owner-occupied compared with 86.70% in 2016.
The Caves has 312 properties. Over the last 5 years, Houses in The Caves have seen a 107.33% increase in median value. As at 30 April 2026:
- The median value for Houses in The Caves is $1,034,986 while the median value for Units is $547,941.
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