SOLD
Sold on 08 Feb 2024 for $700,000

70-72 Capper Street
Tumut NSW 2720

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1220m2
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Property Details for 70-72 Capper St, Tumut

Building Type
Commercial
Land Size
1220m2
Local Government
Snowy Valleys
Lot/Plan
1/DP545730

Last Listing description (October 2023)

Under instructions from Barry Kogan and Katherine Sozou as Receivers and Managers, Colliers is excited to present For Sale 72 Capper Street, Tumut. Forming part of The Petroleum Portfolio, a rare and unique collection of strategically located service station investments, developments and operational opportunities across the East Coast of Australia.

This property represents a secure investment in a prime regional location and offers the following key investment highlights:
Strategic 1,220m* corner site

Favourable E1 Local Centre zoning
Fuel infrastructure (2 bowsers & 6 pumps)
Attractive 10 year lease with options
Passing income of $78,676* per annum with CPI increases

The Petroleum Portfolio is offered For Sale in-one-line or individually via Expressions of Interest closing Wednesday 8 November at 3pm (AEDT).

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.

*Approx.

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Property History for 70-72 Capper St, Tumut, NSW 2720

A timeline of how this property has performed in the market
Last Sold
$700,000
08 Feb 2024
Listed for Rent
$299/w
19 Sep 2023
  • 08 Feb 2024
    Sold for $700,000
  • 09 Oct 2023
    Listed for Sale Please contact agent
  • 11 Jul 2022
    Listed for Rent $15,600 / week
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About Tumut 2720

The size of Tumut is approximately 30.2 square kilometres. It has 22 parks covering nearly 12.5% of total area. The population of Tumut in 2011 was 6,239 people. By 2016 the population was 6,210 showing a population decline of 0.5% in the area during that time. The predominant age group in Tumut is 50-59 years. Households in Tumut are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumut work in a trades occupation. In 2011, 64.5% of the homes in Tumut were owner-occupied compared with 66.3% in 2016.

Tumut has 3,682 properties.

    There are currently 72 properties listed for sale, and 30 properties listed for rent in Tumut on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Tumut.

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