209 Peel StreetTamworth NSW 2340
Property Details for 209 Peel St, Tamworth
Last Listing description (November 2024)
Burke & Smyth Commercial are proud to offer this unique CBD development site. The site occupies a prominent 2,023m2 CBD position with ultra rare dual street frontages of Peel Street and Kable Avenue both with 20mtre frontages with massive development potential with a 2:1 FSR (the building is not heritage listed and can be demolished subject to TRC DA). 209 Peel Street was previously know as The Albert Hotel. The current building consists of open ground floor area whilst the first floor comprises 8 accommodation rooms with breakout areas and kitchen.
Site Area 2,023m2
Zoned E2 Commercial Centre
Ultra rare 20mtr Dual Street Frontage
Property History for 209 Peel St, Tamworth, NSW 2340
- 04 Oct 2024Listed for Sale $2,750,000 Plus GST
- 26 Jun 2020Listed for Rent - Price not available
- 29 Jan 2020Sold for $3,100,000
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About Tamworth 2340
The size of Tamworth is approximately 1.2 square kilometres. It has 5 parks covering nearly 21.6% of total area. The population of Tamworth in 2011 was 239 people. By 2016 the population was 178 showing a population decline of 25.5% in the area during that time. The predominant age group in Tamworth is 20-29 years. Households in Tamworth are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Tamworth work in a labourer occupation. In 2011, 30% of the homes in Tamworth were owner-occupied compared with 27.4% in 2016.
Tamworth has 1,616 properties. Over the last 5 years, Houses in Tamworth have seen a 76.13% increase in median value, while Units have seen a 72.31% increase. As at 31 October 2024:
- The median value for Houses in Tamworth is $436,290 while the median value for Units is $331,519.
- Houses have a median rent of $435 while Units have a median rent of $420.
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