OFF MARKET

15-17 Ruby Street
Tingha NSW 2369

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 371m2
Land area: 2555m2
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Property Details for 15-17 Ruby St, Tingha

Building Type
Commercial
Floor Size
371m2
Land Size
2555m2

Last Listing description (December 2023)

Welcome to the Royal Hotel Tingha, located approximately 30km from Inverell & situated on 2555m2 corner block with a very prominant street presence for passing traffic, features include spacious bar & lounge area, kitchen & ammenities, 9 room accommodation with common living & bathrooms plus open verandahs on two sides over looking town. Beautifully presented beer garden & covered BBQ area, numerous storage sheds & carport, established gardens & fully fenced block, vacant land adjoins the hotel with scope to further develop subject to council approval. Long standing hotel trading 7 days, patronised by locals & tourist. Currently under new 7 year lease commencing August 2023 with sound returns. Lease details & financials available for genuine enquiries. Please note: BUSINESS IS NOT FOR SALE.
Tingha has a town population of approximately 774 with one of the main attractions to the town being Green Valley Farm, services include the MPS (residential aged care & first aid post), pharmacist, pre-school & primary school, sports club, caravan park plus other shops and services to supply your daily needs.

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Property History for 15-17 Ruby St, Tingha, NSW 2369

A timeline of how this property has performed in the market
Last Sold
$465,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $465,000
  • 12 Dec 2023
    Listed for Sale $500,000
  • 28 Apr 2022
    Sold for $150,000
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About Tingha 2369

The size of Tingha is approximately 270.7 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Tingha in 2011 was 1,174 people. By 2016 the population was 816 showing a population decline of 30.5% in the area during that time. The predominant age group in Tingha is 10-19 years. Households in Tingha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tingha work in a labourer occupation. In 2011, 72% of the homes in Tingha were owner-occupied compared with 74.6% in 2016.

Tingha has 529 properties. Over the last 5 years, Houses in Tingha have seen a 255.77% increase in median value. As at 30 November 2024:

  • The median value for Houses in Tingha is $187,837 while the median value for Units is $361,890.
There are currently 3 properties listed for sale, and no properties listed for rent in Tingha on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Tingha.

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