OFF MARKET

12 The Parade
Tumbarumba NSW 2653

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 88m2
Land area: 689m2
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Property Details for 12 The Parade, Tumbarumba

12 The Parade, Tumbarumba is a 2 bedroom, 2 bathroom Unit and was built in 1998. The property has a land size of 689m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1998
Floor Size
88m2
Land Size
689m2
Local Government
Snowy Valleys
Lot/Plan
111/DP137006

Last Listing description (December 2020)

The carving in the brickwork says it all "1885"
One of Tumbarumba's oldest buildings is now up for grabs with some serious return potential!
This warehouse conversion pays respect to its heritage with unique charm and character.

I bet if the walls could talk there would be some unique stories to tell!

Known as Blencowe's back in the day where I used to buy my cobbers and milk bottles the building still retains thick double brick walls, original polished floor boards and soaring ceilings which define it.

The building consists of:

A double storey warehouse style residence with spacious downstairs living area, modern kitchen and an instantly inviting stair case which leads you to the upstairs bedroom, modern Bathroom and small balconette. Take me back a century already!
Currently tenanted at $260 per week. Access for this residence is via Union Lane.

A huge shopfront (currently trading as an antique store but will be sold with vacant possession). Wide frontage of the main street with a huge amount of commercial potential. Think restaurant's, tapas bars ... word has it there's even a downstairs cellar!
Potential rent of $250 per week.
Access for this shopfront is via the main street (The Parade)

The small shopfront is attached to the large shopfront and is accessed from main street (The Parade). Ideal for a coffee window or handy as an office for an adjoining business. Potential Rent of $90 per week.

The Middle Residence
kitchenette and small bathroom amenities, Loungeroom with wood heating. These facilities are basic and could use an update. This residence would be perfect for backpacker accommodation during picking season.(access from Union Lane) Rumour has it there's even an old well directly below this point!

There's so much potential with this big old bold building - it gives me the feel of something you would find in Beechworth! With tourism at it's peak in town - what will you make it?

Property History for 12 The Parade, Tumbarumba, NSW 2653

A timeline of how this property has performed in the market
Last Sold
$390,000
23 Nov 2020
  • 23 Nov 2020
    Sold for $390,000
  • 19 Jun 2019
    Listed for Sale $495,000

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About Tumbarumba 2653

The size of Tumbarumba is approximately 231.7 square kilometres. It has 6 parks covering nearly 48.4% of total area. The population of Tumbarumba in 2011 was 1,756 people. By 2016 the population was 1,844 showing a population growth of 5.0% in the area during that time. The predominant age group in Tumbarumba is 50-59 years. Households in Tumbarumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumbarumba work in a labourer occupation. In 2011, 66.8% of the homes in Tumbarumba were owner-occupied compared with 68.7% in 2016.

Tumbarumba has 1,328 properties. Over the last 5 years, Houses in Tumbarumba have seen a 82.83% increase in median value, while Units have seen a 44.69% increase. As at 30 November 2024:

  • The median value for Houses in Tumbarumba is $349,756 while the median value for Units is $332,091.
  • Houses have a median rent of $390 while Units have a median rent of $175.
There are currently 47 properties listed for sale, and 9 properties listed for rent in Tumbarumba on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Tumbarumba.

Suburb Insights for Tumbarumba 2653

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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.