OFF MARKET

56 Kiewa East Road
Tangambalanga VIC 3691

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1290m2
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Property Details for 56 Kiewa East Rd, Tangambalanga

Building Type
Commercial
Land Size
1290m2
Local Government
Indigo
Lot/Plan
1/TP197154

Last Listing description (October 2019)

Tangam Store, Post Office and Newsagency is a specialist business located in Tangambalanga, a booming lifestyle town within 24kms of Albury/Wodonga.
The established business, would ideally suit an independent owner/ operator. There is a 3 bedroom residence within the premises with a lease as follows;
- Lease to 28/5/2021 with 2 options each of 3 years

Under current ownership for the past 4 years the store has provided a diversified business. Product range is geared to service patrons wanting foods, grocery lines plus full facilities of the Post Office, including banking. Owners are wishing to move on for health reasons.
The Tangam Store and Post Office has been part of the community for more than 60 years, starting as a local corner store, later establishing itself as a takeaway food and general store, providing the only banking facility in town.
OPTIONS: (1) Business as Listed $125,000 W.I.W.O.
(2) General Store & Newsagency only $30,000 W.I.W.O.
For more information contact Reg Coulston 0418 118 207 or co agent Robert Stevens 0418 391 976

Property History for 56 Kiewa East Rd, Tangambalanga, VIC 3691

A timeline of how this property has performed in the market
  • 04 Jul 2019
    Listed for Sale FOR SALE - CONTACT AGENT
  • 10 Jun 2015
    Listed for Sale Not Disclosed

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About Tangambalanga 3691

The size of Tangambalanga is approximately 30.7 square kilometres. The population of Tangambalanga in 2011 was 449 people. By 2016 the population was 533 showing a population growth of 18.7% in the area during that time. The predominant age group in Tangambalanga is 0-9 years. Households in Tangambalanga are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tangambalanga work in a professional occupation. In 2011, 85.2% of the homes in Tangambalanga were owner-occupied compared with 78% in 2016.

Tangambalanga has 633 properties. Over the last 5 years, Houses in Tangambalanga have seen a 121.78% increase in median value. As at 30 September 2024:

  • The median value for Houses in Tangambalanga is $665,301 while the median value for Units is $355,048.
  • Houses have a median rent of $573.
There are currently 1 property listed for sale, and no properties listed for rent in Tangambalanga on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Tangambalanga.

Suburb Insights for Tangambalanga 3691

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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.