FOR SALE
$195,000 plus SAV

11A Beach Road
Rhyll VIC 3923

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TAVERN WITH POTENTIAL

Located in the peaceful coastal town of Rhyll sits this lively tavern boasting rural charm.
The restaurant boasts panoramic ocean views and looks over the marina which has boats moored year-round.
The Foreshore Bar & Restaurant is the venue of choice for private functions year-round with great food, a versatile deck, and a cozy fireplace.
Currently trading for lunch and dinner 5 days a week and frequented by tourists & locals alike, an incoming operator can expand days and open the bar as a lively meeting place.
The large bar is a beautiful feature and the kitchen is fully equipped to serve the maximum capacity of 320 people seated shared between indoor and outdoor options.
With potential in so many ways, we strongly encourage interested parties to visit and experience this wonderful venue.
Features
Established since 2005
Panoramic water views
80-100 indoor seating capacity
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Property Details for 11a Beach Rd, Rhyll

Building Type
Commercial

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About Rhyll 3923

The size of Rhyll is approximately 16.1 square kilometres. It has 8 parks covering nearly 21.9% of total area. The population of Rhyll in 2011 was 674 people. By 2016 the population was 582 showing a population decline of 13.6% in the area during that time. The predominant age group in Rhyll is 60-69 years. Households in Rhyll are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rhyll work in a trades occupation. In 2011, 80.9% of the homes in Rhyll were owner-occupied compared with 81.8% in 2016.

Rhyll has 722 properties. Over the last 5 years, Houses in Rhyll have seen a 42.56% increase in median value, while Units have seen a 63.37% increase. As at 30 September 2024:

  • The median value for Houses in Rhyll is $791,289 while the median value for Units is $594,657.
  • Houses have a median rent of $330.
There are currently 16 properties listed for sale, and 1 property listed for rent in Rhyll on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Rhyll.

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Alfie Brown
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Jenni Kent
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OBrien Real Estate Judith Wright
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