SOLD
RECENT ADVICE
Sold on 31 Oct 2024 for $750,000

165 Peel Street
North Tamworth NSW 2340

Bedrooms: -
Bathrooms: -
Car spaces: 15
Floor area: 118m2
Land area: 660m2
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Property Details for 165 Peel St, North Tamworth

Building Type
Commercial
Year Built
2014
Floor Size
118m2
Land Size
660m2
Local Government
Tamworth Regional
Lot/Plan
9/DP1150704

Last Listing description (November 2024)

Situated on the western gateway to the thriving CBD of Tamworth sits 165 Peel Street. A building steeped in history, cleverly finished with modern touches and ready to go for your office, commercial or hospitalility use.

The sheer advertising value to your business, by locating to this high exposure site would be almost priceless, with thousands upon thousands seeing your brand every single day.

Property must be sold - see below for key details...

- 660m2 corner allotment offering a total lettable area of 208m2.
- 8 dedicated vehicle parking spaces in adjoining carpark
- Prominently situated on the cnr Peel Street and Jewry Street, just 1.5 km from the Tamworth Post Office and CBD.
- Full town services, NBN, and natural gas
- Entry/reception area, approximately 8 partitioned rooms (offices), utility room, male and female and unisex disabled toilet amenities, staff/tea room with stainless steel sink
- One space plumbed and fitted for full commercial kitchen (gas outlets, water, etc)
- Brand new ducted reverse-cycle air conditioning and ceiling fans + security
- Pendant style lighting with excellent natural light from glazed windows and doors
- Zoning B4 Mixed Use

Tamworth, is a booming major regional city in NSW with a regional population of approximately 62,000. Tamworth is connected by a large airport with services to Brisbane and Sydney as well as rail and plays host to a major calendar of events including the largest music festival in the southern hemisphere and countless livestock events at AELEC.

Underpinned by medical, professional and education services relied upon by those situated up to 4 hours away, Tamworth is going from strength to strength.

Estimated lease value: $55,000 - $60,000 p.a. (excl GST)

Property History for 165 Peel St, North Tamworth, NSW 2340

A timeline of how this property has performed in the market
Last Sold
$750,000
31 Oct 2024
Listed for Rent
16 Sep 2023
  • 31 Oct 2024
    Sold for $750,000
  • 19 Aug 2024
    Listed for Sale For Sale $750,000
  • 24 Jun 2024
    Listed for Sale Contact Agent
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About North Tamworth 2340

The size of North Tamworth is approximately 18.1 square kilometres. It has 9 parks covering nearly 2.1% of total area. The population of North Tamworth in 2011 was 4,090 people. By 2016 the population was 5,159 showing a population growth of 26.1% in the area during that time. The predominant age group in North Tamworth is 20-29 years. Households in North Tamworth are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Tamworth work in a professional occupation. In 2011, 54.8% of the homes in North Tamworth were owner-occupied compared with 55.2% in 2016.

North Tamworth has 3,443 properties. Over the last 5 years, Houses in North Tamworth have seen a 82.69% increase in median value, while Units have seen a 69.33% increase. As at 31 October 2024:

  • The median value for Houses in North Tamworth is $613,798 while the median value for Units is $362,965.
  • Houses have a median rent of $480 while Units have a median rent of $360.
There are currently 19 properties listed for sale, and 8 properties listed for rent in North tamworth on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in North tamworth.

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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.