Teddy's Joint is a small and respected business that is just over three years old and has already a proven recipe for success that values an artisan approach to life and food. The freehold and licensed cafe is now for sale, ready for someone to take over and continue the growth of this popular local institution and visitor destination.
The building area of appx 100 sqm sits on the property of appx 350sqm with a large backyard and shed showing plenty of room for development and expansion. The business is licensed for up to 80 patrons and is fully equipped with all fittings, fixtures and furniture to be included in the sale.
The size of Tallangatta is approximately 55.6 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Tallangatta in 2011 was 954 people. By 2016 the population was 1,080 showing a population growth of 13.2% in the area during that time. The predominant age group in Tallangatta is 50-59 years. Households in Tallangatta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tallangatta work in a trades occupation. In 2011, 69.5% of the homes in Tallangatta were owner-occupied compared with 74.2% in 2016.
Tallangatta has 679 properties. Over the last 5 years, Houses in Tallangatta have seen a 72.40% increase in median value, while Units have seen a 66.18% increase. As at 31 October 2024:
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