FREEHOLD ONLY. Your opportunity to be the new owner of this high profile road house at Rocky Cape on the Bass Highway. Set on a 2 acre site there is excellent parking and opportunity for further development. Just a few kilometres to the ocean and on the Gateway to the Rocky Cape National Park. The site is presented in great condition with over $130,000 spent on improvements in recent years. The current tenants have a 6 year lease which commenced in June 2019 and has a further 2x3 year option. *Current rental is $755.55 per week (plus GST) with rates and land tax subtracted represents an approx. 8.3% Net Return (excluding Insurance).
A comfortable three bedroom residence is attached to the business. There is lots of storage space and a large workshop/machinery shed.
The size of Rocky Cape is approximately 65.3 square kilometres. There are 4 parks, covering nearly 38.1% of the total area. The population of Rocky Cape in 2016 was 206 people. By 2021 the population was 211 showing a population growth of 2.4% in the area during that time. The predominant age group in Rocky Cape is 40-49 years. Households in Rocky Cape are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rocky Cape work in a managers occupation.In 2021, 80.60% of the homes in Rocky Cape were owner-occupied compared with 81.70% in 2016.
Rocky Cape has 164 properties. Over the last 5 years, Houses in Rocky Cape have seen a 27.49% increase in median value. As at 31 July 2026:
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