5 Phillip Island RoadCape Woolamai VIC 3925
Property Details for 5 Phillip Island Rd, Cape Woolamai
Last Listing description (May 2011)
Taylors Waterfront Restaurant
Here is a fantastic opportunity to purchase this busy, fully licensed, family friendly restaurant that is situated on the ocean front overlooking Bass Strait, Pyramid Rock and beyond, with some of Australia???s best and most spectacular views. The restaurant has seating for up to 200 people and can cater for functions of all types in the huge dining area. There is also great potential for B&B accommodation as there are four well appointed rooms each with a double spa ensuite, all of which share a large lounge area, well equipped kitchen and a fabulous, private north-facing outdoor area including an in ground pool. This has been used as accommodation but could easily be used a permanent or holiday residence. The restaurant has been operating for 20 years under the same management and has a strong international and interstate clientele enjoying the world famous penguin parade, as well as being frequented by the ever growing local community.
Property History for 5 Phillip Island Rd, Cape Woolamai, VIC 3925
- 22 Apr 2023Transferred
- 09 Apr 2011Listed for Sale P.O.A
- 30 Apr 2004Sold for $218,000
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0About Cape Woolamai 3925
The size of Cape Woolamai is approximately 6.0 square kilometres. It has 1 park covering nearly 69.5% of total area. The population of Cape Woolamai in 2016 was 1676 people. By 2021 the population was 2301 showing a population growth of 37.3% in the area during that time. The predominant age group in Cape Woolamai is 40-49 years. Households in Cape Woolamai are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cape Woolamai work in a professional occupation.In 2021, 74.90% of the homes in Cape Woolamai were owner-occupied compared with 75.20% in 2016.
Cape Woolamai has 1,977 properties. Over the last 5 years, Houses in Cape Woolamai have seen a 26.90% increase in median value, while Units have seen a 20.30% increase. As at 31 January 2026:
- The median value for Houses in Cape Woolamai is $725,239 while the median value for Units is $569,859.
- Houses have a median rent of $470 while Units have a median rent of $330.
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