SOLD
Sold on 01 Jul 2024 for $170,000

118 High Street
Tenterfield NSW 2372

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 368m2
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Property Details for 118 High St, Tenterfield

Building Type
Commercial
Land Size
368m2
Local Government
Tenterfield
Lot/Plan
1/DP737681

Last Listing description (April 2018)

Escape to beautiful Tenterfield in rural northern NSW where a unique business opportunity which offers a healthy secure income while enjoying the desired work and lifestyle balance awaits
Premier Meats, an extremely well established butchery located in Tenterfield, has an excellent reputation with a strong loyal local customer base and return tourist trade.
Specialising in high quality local meats, in house smoked meats and smallgoods, Premier Meats has been awarded New England Sausage King since 2002 and Best Bacon in NSW 2017.

Supporting the Gourmet Taste of Tenterfield and promoting 'TenDerfield Beef, Premier Meats also supplies quality products to boutique outlets on the Granite Belt and beyond and a wide range of gourmet condiments.
Tenterfield is centrally located an easy 3 hours drive from Brisbane, Gold Coast/Tweed Heads and Tamworth. It provides a safe and healthy environment for families with excellent education, sporting and health facilities and very affordable housing. As an emerging tourism destination the prospects for further development are endless. Tenterfield boasts four distinct seasons; mild summers, blazing autumn colour, sunny winter days and bright wildflower springs. It is rich in history and surrounded by magnificent national parks which are strong magnets for tourists. The convenience of a modern town combined with the charm and ease of country living truly offers something for everyone. You will not be disappointed.
After 32 years the current owners wish to retire. This business would suit a butcher or husband and wife team with an eye for detail. Current staff is fully qualified, loyal and passionate.
The realistic asking price means incoming/new owners will receive a very acceptable return, enjoy a change of pace and be their own boss.
Long term lease available. Full list of plant and equipment and up to date financials showing excellent returns are available on request.

Property History for 118 High St, Tenterfield, NSW 2372

A timeline of how this property has performed in the market
Last Sold
$170,000
01 Jul 2024
  • 01 Jul 2024
    Sold for $170,000
  • 16 Apr 2018
    Listed for Sale $220,000 +SAV
  • 27 Oct 2017
    Listed for Sale $220,000 +SAV

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About Tenterfield 2372

The size of Tenterfield is approximately 690.5 square kilometres. It has 30 parks covering nearly 3.3% of total area. The population of Tenterfield in 2011 was 3,965 people. By 2016 the population was 4,050 showing a population growth of 2.1% in the area during that time. The predominant age group in Tenterfield is 60-69 years. Households in Tenterfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tenterfield work in a managers occupation. In 2011, 70.7% of the homes in Tenterfield were owner-occupied compared with 70.7% in 2016.

Tenterfield has 3,060 properties. Over the last 5 years, Houses in Tenterfield have seen a 75.78% increase in median value, while Units have seen a 42.39% increase. As at 30 September 2024:

  • The median value for Houses in Tenterfield is $397,735 while the median value for Units is $292,811.
  • Houses have a median rent of $425 while Units have a median rent of $225.
There are currently 26 properties listed for sale, and no properties listed for rent in Tenterfield on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Tenterfield.

Suburb Insights for Tenterfield 2372

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Disclaimer
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.