24 Prince Street, Rosedale, VIC 3847 sold on 02 May 2025 | OnTheHouse
SOLD
Sold on 02 May 2025 for $500,000

24 Prince Street
Rosedale VIC 3847

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 127m2
Land area: 456m2
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Property Details for 24 Prince St, Rosedale

Building Type
Commercial
Year Built
1920
Floor Size
127m2
Land Size
456m2
Local Government
Wellington
Lot/Plan
4/PS313178

Last Listing description (November 2023)

Walters Cafe & Bar.

This presents a unique opportunity to acquire Walters Caf, including its well-established brand, fully equipped kitchen, and a dedicated staff that embodies the spirit of the Cafe. Whether you envision preserving its legacy or reimagining the space for a new culinary adventure, the possibilities are boundless.

Walters is conveniently located on the busy Princess highway 2.5 hours east of Melbourne and is a great stopping point for those on the road looking to explore everything Gippsland has to offer. With direct street parking and a large carpark just two doors down means there is plenty of foot traffic to get people off the street and into the Cafe.

This business is established and well recognized within the local community with an abundance of loyal local, corporate and tradie customers.
With 10,000 cars passing through Rosedale each day Walter's has also become a go to for regular travelers between Melbourne and East Gippsland. But there's more to this story. Rosedale is a town on the move, experiencing remarkable growth with multiple subdivisions and plenty of new homes being built adding to the potential growth in this business.

Features include but not limited to:
*Fully renovated and modern building
*Ultra-modern kitchen with a functional design
*State of the art appliances to streamline processes
*Street accessible Front Bi-fold servery window
*Multiple seating areas including dinning, Beer Garden, covered alfresco & street alfresco
*Office & storage room
* Wheelchair friendly, with accessible bathroom and baby change facilities

The preference is to be sold as a whole WIWO but the vendors will consider different options put forward so please reach out and enquire during this EOI process.

To obtain an information memorandum including a detailed plant & equipment list and to arrange your private inspection contact Aaron Ralph on 0456215087

Property History for 24 Prince St, Rosedale, VIC 3847

A timeline of how this property has performed in the market
Last Sold
$500,000
02 May 2025
  • 02 May 2025
    Sold for $500,000
  • 13 Oct 2020
    Sold for $255,000
  • 14 Sep 2019
    Listed for Sale $275,000
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About Rosedale 3847

The size of Rosedale is approximately 207.0 square kilometres. It has 14 parks covering nearly 24.9% of total area. The population of Rosedale in 2016 was 1654 people. By 2021 the population was 1729 showing a population growth of 4.5% in the area during that time. The predominant age group in Rosedale is 60-69 years. Households in Rosedale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rosedale work in a trades occupation.In 2021, 79.40% of the homes in Rosedale were owner-occupied compared with 75.80% in 2016.

Rosedale has 1,202 properties. Over the last 5 years, Houses in Rosedale have seen a 91.32% increase in median value, while Units have seen a 43.41% increase. As at 30 November 2025:

  • The median value for Houses in Rosedale is $542,173 while the median value for Units is $324,209.
  • Houses have a median rent of $465 while Units have a median rent of $230.
There are currently 14 properties listed for sale, and no properties listed for rent in Rosedale on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Rosedale.

Suburb Insights for Rosedale 3847

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.