Excellent opportunity to purchase Tongala's only fish & chip shop. Located in the main street, the business which has been under its current ownership for 14 years, operates 7 days a week and offers a range of drinks, ice creams, coffee and take away food - including the sought after Golden Fried Chicken range & Kevin's famous potato cakes.
The business is to be sold on a walk in, walk out basis that includes coolroom, all cookers and rangehoods and serving counters. The adjoining residence is a 2 BR plus office featuring a kitchen with gas appliances, open living with wood heater and a split system. The undercover parking is accessible from the laundry at the rear of the block.
The size of Tongala is approximately 112.1 square kilometres. The population of Tongala in 2011 was 1,869 people. By 2016 the population was 1,935 showing a population growth of 3.5% in the area during that time. The predominant age group in Tongala is 0-9 years. Households in Tongala are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tongala work in a labourer occupation. In 2011, 74.6% of the homes in Tongala were owner-occupied compared with 73.7% in 2016.
Tongala has 1,022 properties. Over the last 5 years, Houses in Tongala have seen a 80.21% increase in median value, while Units have seen a 78.80% increase. As at 31 October 2024:
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