FOR SALE
$1,950,000

12 Porter Street
Kalbarri WA 6536

Bedrooms: -
Bathrooms: -
Car spaces: 30
Floor area: 570m2
Land area: 852.2m2
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TAVERN UNDER MANAGEMENT WITH TURNOVER EXCEEDING $1,600,000+++ HUGE SALES

TAVERN UNDER MANAGEMENT WITH TURNOVER EXCEEDING $1,600,000+++ HUGE SALES
Net Profit Under Management: $250,000
Asking Price: $1,950,000 + Stock Approx. $50,000
SUPERB COASTAL-STYLE TAVERN
UNDER MANAGEMENT AND FULLY STAFFED
TRADITIONAL PUB GRUB WITH ACCENTS OF SPECIALS
PRIME LOCATION IN BUSY REGIONAL TOURIST TOWN IN KALBARRI WA
Step into the exciting world of the Gilgai Tavern, a highly profitable venture in Kalbarri, Western Australia, where prime location meets lucrative potential. With its turnover exceeding $1.6 million and an under-management net profit of $250,000, this is your golden ticket to success. Whether you're a seasoned entrepreneur or new to the hospitality scene, this is a freehold opportunity you don't want to miss!
Key Features:
1. Prime Location:
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Property Details for 12 Porter St, Kalbarri

Building Type
Commercial
Floor Size
570m2
Land Size
852.2m2

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About Kalbarri 6536

The size of Kalbarri is approximately 141.8 square kilometres. It has 9 parks covering nearly 33.7% of total area. The population of Kalbarri in 2011 was 1,497 people. By 2016 the population was 1,573 showing a population growth of 5.1% in the area during that time. The predominant age group in Kalbarri is 60-69 years. Households in Kalbarri are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kalbarri work in a labourer occupation. In 2011, 63.4% of the homes in Kalbarri were owner-occupied compared with 61.7% in 2016.

Kalbarri has 2,063 properties. Over the last 5 years, Houses in Kalbarri have seen a 87.99% increase in median value, while Units have seen a 75.33% increase. As at 30 September 2024:

  • The median value for Houses in Kalbarri is $410,017 while the median value for Units is $279,966.
  • Houses have a median rent of $370 while Units have a median rent of $250.
There are currently 68 properties listed for sale, and 1 property listed for rent in Kalbarri on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Kalbarri.

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Ilona Visser
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Ray White Kalbarri
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