This retail investment for sale in a prime Tamworth CBD location through Malcolm Campbell of Ray White Tamworth.

Offered for sale due to changing family circumstances, the building extends from Peel Street to Kable Avenue, with Commercial Core zoning.

Two strong national tenants are in place, with Best & Less in tenancy for over 30 years and Gazman in tenancy for over 6 years.

Source: Ray White Tamworth

The property is located in the core Tamworth CBD between Brisbane Street and Fitzroy Street, in close proximity of Centrepoint Shopping Centre, Tamworth Square, and Tamworth Shopping World.  

Positioned with 24m* frontage to Tamworth's main street, Peel Street, the building area is 2,002 sqm * on 2,055 sqm * land. *Approximate. 

Source: Ray White Tamworth

Total net rent for the property is currently $367,330.41.

The area is developing as a tourist centre with recognition as Australia’s Country Music Capital, attracting a steady flow of year-round tourist trade culminating in an influx of 40,000 tourists for the Annual Country Music Awards and festival in January.

Source: Ray White Tamworth

Investment opportunity summary:

• Prime Tamworth CBD location
• Two national tenants in place
• Best & Less have been in tenancy for over 30 years*
• Gazman have been in tenancy for over 6 years*
• Total net rent pa $367,330.41*
• Land area 2,055 sqm *
• Building area 2,002 sqm *
• 24m frontage to Tamworth's main street, Peel Street *
• The building extends from Peel Street to Kable Avenue
• Information memorandum available upon request
• Auction 2nd December at 6pm, Tamworth Town Hall
• * (approx.) source selling agent 
• Selling agent Mr Malcolm Campbell of Ray White Tamworth

To request a copy of the Information Memorandum please email the Ray White Tamworth marketing agent Malcolm Campbell via the contact form below.

To view the listing or for more information click here.