Previously operated as a prestigious restaurant and residence and more recently enjoyed as a private family home, this exceptional Goughs Bay property offers a rare opportunity to secure a versatile holding with endless possibilities.
Set on one of the last large, flat parcels opposite the Goughs Bay foreshore, the property combines expansive lifestyle living with established commercial infrastructure, ideal for hospitality, functions, wellness retreats or continued residential use.
The commercial space includes a generous dining area with polished concrete floors, bar, Euro fireplace and reverse cycle heating/cooling, flowing to a large covered outdoor entertaining area complete with two three-door bar fridges. A substantial storage and food preparation room incorporates a commercial-sized cool room, complemented by office, laundry and amenities.
The fully equipped commercial kitchen is ideal for catering or events and features stainless steel benches and sinks, two-door glass commercial fridge, large food preparation bench, Beko dishwasher, Westinghouse five burner gas stove, Luus commercial gas hot plate, combi oven and industrial exhaust.
The residence offers comfortable accommodation with two bedrooms, including main with ensuite and walk-in robe, additional bathroom, living room with Euro fireplace, reverse cycle heating/cooling and timber floorboards throughout. A separate office and detached studio/gym with reverse cycle heating and cooling provide further flexibility.
Set amongst established low-maintenance gardens providing shade and privacy, the property also features outdoor garden dining, two outdoor baths, ducted cooling, 3-phase power with 10kW solar system, solar hot water, large shed site with 3-phase power and water, plus two substantial water tanks of approximately 100,000 litres each.
A rare opportunity to secure a unique waterfront property combining lifestyle, income potential and future flexibility in one remarkable package.
Key features:
* Mixed use/income potential
* Generous block size of 5 + acres opposite the Goughs Bay foreshore
* Established gardens providing great shade, shelter and privacy.
* Stunning indoor and outdoor dining, living and entertaining areas
* Polished concrete floors and timber floorboards
* Bar
* Commercial kitchen
* Euro fireplaces
* Office
* Detached Studio/Gym
* 2 x outdoor baths
* Reverse cycle
* Ceiling fans
* Storage rooms
* Commercial size cool room
* Euro laundry
* 3 phase power + solar
* Solar hot water
* Ducted cooling
* Large shed site
* Ample rain water
Contact Charlie on 0411 956 233 for an inspection.
The size of Goughs Bay is approximately 37.6 square kilometres. There is 1 park within the area. The population of Goughs Bay in 2016 was 261 people. By 2021 the population was 328 showing a population growth of 25.7% in the area during that time. The predominant age group in Goughs Bay is 60-69 years. Households in Goughs Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goughs Bay work in a labourer occupation.In 2021, 80.30% of the homes in Goughs Bay were owner-occupied compared with 85.60% in 2016.
Goughs Bay has 455 properties. Over the last 5 years, Houses in Goughs Bay have seen a 41.35% increase in median value. As at 31 May 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.