531 Peel StreetTamworth NSW 2340
Property Details for 531 Peel St, Tamworth
Last Listing description (May 2022)
Seldom does a site come along that offers a prime location at a low price. The restaurant is fitted out for Asian cuisine and includes refrigeration, storage, rear access and parking.
Restaurant offers existing food related use and caters for over 40 patrons in main restaurant area.
Plenty of scope for renovation and many possible business uses. Premises about 200 sqm of space.
Property History for 531 Peel St, Tamworth, NSW 2340
- 08 Mar 2022Listed for Rent $37,000 / week
- 30 Aug 2019Sold for $600,000
- 29 Apr 2019Sold
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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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