FOR SALE
Expression of Interest

126-134 Riverside Drive
Tumbulgum NSW 2490

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 950m2
Land area: 2864m2
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ICONIC WATERFRONT NSW TAVERN WITH 10 GAMING ENTITLEMENTS

Ryan Langham and Nathan Huxham proudly present, this iconic 18th-century tavern, the Tumby Pub, offered to the market for sale by expression of interest closing 4th April 2024.
This iconic pub has a remarkable history dating back to 1887. Known to the locals as Tumby Pub with iconic views of Mount Warning and the Tweed River. Room to expand the seating area and potentially double the capacity while turning the unused bottle shop into a Drive-thru bottle-o can easily see the revenue significantly increase. Poised for value-add
KEY PROPERTY FEATURES INCLUDE:
• Tumbulgum Tavern business & freehold - to be sold as a going concern
• Exceptional revenue with very little marketing spend
• Unused Bottle Shop - Potential for Drive Thru
• Gaming Entitlements for 10 Machines
• Bistro, Bar, Events & Functions
• Outdoor kid's play area
• Onsite & Street Parking
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Property Details for 126-134 Riverside Dr, Tumbulgum

Building Type
Commercial
Floor Size
950m2
Land Size
2864m2

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About Tumbulgum 2490

The size of Tumbulgum is approximately 8.6 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Tumbulgum in 2011 was 384 people. By 2016 the population was 404 showing a population growth of 5.2% in the area during that time. The predominant age group in Tumbulgum is 50-59 years. Households in Tumbulgum are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tumbulgum work in a community and personal service occupation. In 2011, 80.4% of the homes in Tumbulgum were owner-occupied compared with 71.8% in 2016.

Tumbulgum has 203 properties. Over the last 5 years, Houses in Tumbulgum have seen a 84.72% increase in median value. As at 30 September 2024:

  • The median value for Houses in Tumbulgum is $964,761 while the median value for Units is $861,225.
  • Houses have a median rent of $500.
There are currently 7 properties listed for sale, and no properties listed for rent in Tumbulgum on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Tumbulgum.

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Ryan Langham
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Nathan Huxham
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RWC Burleigh Group
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