OFF MARKET

19326 Bass Highway
Rocky Cape TAS 7321

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 357m2
Land area: 8252m2
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Property Details for 19326 Bass Hwy, Rocky Cape

Building Type
Commercial
Year Built
1967
Floor Size
357m2
Land Size
8252m2
Local Government
Circular Head
Lot/Plan
1/19816

Last Listing description (May 2021)

FREEHOLD ONLY. Your opportunity to be the new owner of this high profile road house at Rocky Cape on the Bass Highway. Set on a 2 acre site there is excellent parking and opportunity for further development. Just a few kilometres to the ocean and on the Gateway to the Rocky Cape National Park. The site is presented in great condition with over $130,000 spent on improvements in recent years. The current tenants have a 6 year lease which commenced in June 2019 and has a further 2x3 year option. *Current rental is $755.55 per week (plus GST) with rates and land tax subtracted represents an approx. 8.3% Net Return (excluding Insurance).

A comfortable three bedroom residence is attached to the business. There is lots of storage space and a large workshop/machinery shed.

Property History for 19326 Bass Hwy, Rocky Cape, TAS 7321

A timeline of how this property has performed in the market
Last Sold
$385,000
07 Jan 2021
  • 07 Jan 2021
    Sold for $385,000
  • 22 Sep 2020
    Listed for Sale $425,000
  • 23 Nov 1989
    Sold for $23,000

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About Rocky Cape 7321

The size of Rocky Cape is approximately 65.3 square kilometres. It has 4 parks covering nearly 38.1% of total area. The population of Rocky Cape in 2011 was 218 people. By 2016 the population was 199 showing a population decline of 8.7% in the area during that time. The predominant age group in Rocky Cape is 60-69 years. Households in Rocky Cape are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rocky Cape work in a managers occupation. In 2011, 74.7% of the homes in Rocky Cape were owner-occupied compared with 81.7% in 2016.

Rocky Cape has 167 properties. Over the last 5 years, Houses in Rocky Cape have seen a 86.47% increase in median value. As at 30 September 2024:

  • The median value for Houses in Rocky Cape is $440,958 while the median value for Units is $378,499.
There are currently 3 properties listed for sale, and no properties listed for rent in Rocky cape on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Rocky cape.

Suburb Insights for Rocky Cape 7321

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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.