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98/103 Kable Avenue
Tamworth NSW 2340

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Property Details for 98/103 Kable Ave, Tamworth

Building Type
Land
Local Government
Tamworth Regional

Last Listing description (October 2019)



Knight Frank is delighted to offer this landmark site in the Tamworth CBD for sale via Expressions of Interest. This significant holding represents the first time in a generation such a large, aggregated site has been available for purchase. Interested parties are invited to submit an Expression of Interest for:
The entire aggregated holding of 9,143 sqm OR
Individual properties

The holding consists of 7 titles, having a site area of 9,143 sqm, with extensive frontage to both Peel Street and Kable Avenue. The combined gross income is circa $256,634 per annum (ex GST).
Property 1 517 Peel Street and 98 & 99 Kable Avenue, consisting of a residential block of 4 flats, together with 2 commercial buildings
Property 2 523 Peel Street, consisting of an automotive workshop, with site access from Kable Avenue
Property 3 529 Peel Street and 101 & 102 Kable Avenue, consisting of a bulky goods retail building, together with 2 light industrial buildings
Property 4 531 & 533 Peel Street, consisting of 2 retail buildings
Property 5 535 & 537 Peel Street, consisting of 2 retail / workshop buildings
Property 6 103 Kable Avenue, consisting of a bulky goods retail building
All properties are zoned B3 Commercial Core, which offers a wide range of alternative commercial uses or redevelopment potential.
Expressions of Interest close Thursday 19 September at 4pm.
For further information contact Knight Frank Newcastle.

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Property History for 98/103 Kable Ave, Tamworth, NSW 2340

A timeline of how this property has performed in the market
  • 14 Aug 2019
    Listed for Sale Contact Agent

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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.
There are currently 84 properties listed for sale, and 17 properties listed for rent in Tamworth on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Tamworth.

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