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Sold $1,070,000

A Piece of Tamworth CBD History

PRICE
Sold $1,070,000
SIZE 540 sqm
FLOOR 300 sqm

37 Dowe Street, TAMWORTH NSW 2340

Property Features
  • Land is 540 m²
  • Floor Area is 300 m²
  • Parking Comments Parking available

LAWD is pleased to present 37 Dowe Street, a rare opportunity to acquire an Industrial-style freehold site in a CBD location.

Offered for the second time in 34* years, this site is currently home to The Welders Dog Brewery and The Pie Mechanic both with long-term tenancies in place.

– 540* square metre block with rear lane access from Brisbane Street
– 300* square metre iconic building originally the Tamworth Co-op building
– Two existing tenancies in place with scope for further expansion and tenancy
– Combined current total income of $104,000* per annum
– One, five x five x five year lease & one, x three x three lease both of which are currently in their first year
– Potential to further develop the existing carpark

With strong future growth in the pipeline for Tamworth CBD, a full hotel licence currently in place and the potential to further develop the already strong hospitality footprint there is big future ahead for this locality.

We encourage all interest early for this site due to its rarity and long-term income potential.

37 Dowe Street will be offered for Public auction 12pm (AEST) Tuesday 16 July 2024
Link to pre register below
https://auctionslive.com/app/bidder-registration/2l7Vk
For further information please contact exclusive selling agent Oliver Smith on 0473 835 000

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Agents

Oliver Smith
+61 473 835 000
CONTACT AGENT

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