390 Peel StreetTamworth NSW 2340
Property Details for 390 Peel St, Tamworth
Last Listing description (March 2021)
Seldom does a property if this calibre come to market. Centre of CBD location near Centrepoint and Tamworths major shopping hub including Fitzroy Street Mall.
Well established and respected Cafe business was one of the original and respected cafes in Tamworth and the current owners/operators have owned this property for 16 years and now are looking forward to retirement.
The property is on the market along with the business or you can purchase this prime commercial property and lease back to the current owners.
Includes 3 split system air conditioners, coolroom, grease trap and toilet facilities.
Offering a generous return on investment or alternatively will be perfect for owner/occupier of the business.
Contact John or Brett at our office to discuss this opportunity and to arrange an inspection.
Property History for 390 Peel St, Tamworth, NSW 2340
- 09 Mar 2021Sold for $620,000
- 19 Aug 2020Listed for Sale $660,000
- 17 Aug 2019Listed for Rent - Price not available
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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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