FOR SALE
From $1.8m

96 Capel Drive
Capel WA 6271

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1100m2
Land area: 38600m2
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More Than Just a Pub - Development Opportunity of a Lifetime!

Discover the hidden gem of Capel with this unparalleled investment offering. The Capel Tavern, a historic landmark, awaits its next visionary owner. Operating for over a century, in one form or another this thriving tavern is the heartbeat of the community, presenting not just a business but a legacy to embrace.
Key Features:
Thriving Tavern: Established and profitable, with a solid annual turnover this is a business ready to take to the next level. The tavern features a multifaceted experience with distinct areas designed for diverse preferences. A traditional sports bar for casual drinks, T.A.B. and slot machines and counter meals, creating a lively atmosphere.
An attached restaurant offering a more intimate setting for a sit-down dining experience. With a larger dedicated room for functions or larger parties, ideal for private events, celebrations, and gatherings. A prime venue for hosting weddings, parties, or corporate events, adding an extra revenue stream.
Expansive outdoor dining areas providing a scenic backdrop overlooking the Capel River, perfect for events and live entertainment. A well-established restaurant within the tavern, offering a diverse menu catering to various tastes. The restaurant provides a comfortable and inviting ambiance, perfect for casual and private dining experiences.
Bottle Shop: Fully operational drive-through bottle shop attached to the tavern. Holds a coveted Sunday trading license for increased revenue. Unparalleled convenience for patrons, offering Sunday alcohol sales when other outlets are closed.
Versatile Development Potential: Sprawling across 3.6 hectares of picturesque land with both R40 mixed-use and R60 commercial zoning. Unlock the immense potential of the land, from residential subdivisions to commercial ventures.
Scenic Riverside Setting: An idyllic outdoor dining area overlooking the Capel River, perfect for events and gatherings. There is huge potential to expand the current outdoor area and create a spacious deck overlooking the river, perfect for larger events such as hosting bands and weddings.
Accommodation Facilities: There are a number of rooms that can be let out within the tavern, and you could enhance your revenue streams with the addition of other on-site accommodation options such as chalets and or the development of a motel/hotel.
Endless Opportunities Await:
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Property Details for 96 Capel Dr, Capel

Building Type
Commercial
Floor Size
1100m2
Land Size
38600m2

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About Capel 6271

The size of Capel is approximately 66.4 square kilometres. It has 11 parks covering nearly 0.3% of total area. The population of Capel in 2011 was 2,201 people. By 2016 the population was 2,495 showing a population growth of 13.4% in the area during that time. The predominant age group in Capel is 0-9 years. Households in Capel are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capel work in a trades occupation. In 2011, 74.1% of the homes in Capel were owner-occupied compared with 76.7% in 2016.

Capel has 1,511 properties. Over the last 5 years, Houses in Capel have seen a 95.11% increase in median value, while Units have seen a -56.86% decrease. As at 31 October 2024:

  • The median value for Houses in Capel is $644,753 while the median value for Units is $477,621.
  • Houses have a median rent of $570.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Capel on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Capel.

Suburb Insights for Capel 6271

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Tim O'Sullivan
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Brent Spooner
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LJ Hooker Property South West WA
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.