53-55 Russell Street, Tumut, NSW 2720 | Commercial for sale | OnTheHouse
 
FOR SALE
$649,000

53-55 Russell Street
Tumut NSW 2720

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 423m2
Land area: 638m2
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Prime Tumut CBD Freehold Opportunity

Positioned within the commercial heart of Tumut and directly opposite the iconic Montreal Community Theatre, this prominent retail freehold presents an outstanding opportunity for investors, owner-occupiers, or those seeking a combination of both. Surrounded by major town amenities and benefiting from exceptional accessibility, the property adjoins the rear car parking areas servicing Coles, Kmart and Tumut Shire Council, providing convenient customer and delivery access rarely found within the CBD.
Previously occupied by the long-standing (30 years) and well-known Toyworld business, the building has just became a vacant opportunity to put on the market for lease or move straight in. Creating flexibility for future owner occupation, partial occupation, or repositioning of the asset.
Offering approximately 423m² of internal building area on a 638m² parcel of land, the property features a substantial retail/showroom space, office accommodation, storage/workshop areas and modern rear shedding with roller door access.
This versatile property would suit:
- Investors seeking a well-located commercial holding
- Owner-occupiers wanting to establish their own premises
- Buyers looking to occupy part of the building while leasing the balance for additional income
Property features:
- Approx. 300m² retail/showroom area with excellent Russell Street exposure
- Air-conditioned showroom and office accommodation
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Property Details for 53-55 Russell St, Tumut

Building Type
Commercial
Floor Size
423m2
Land Size
638m2
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About Tumut 2720

The size of Tumut is approximately 30.2 square kilometres. There are 22 parks, covering nearly 12.5% of the total area. The population of Tumut in 2016 was 6230 people. By 2021 the population was 6613 showing a population growth of 6.2% in the area during that time. The predominant age group in Tumut is 0-9 years. Households in Tumut are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumut work in a labourer occupation.In 2021, 65.40% of the homes in Tumut were owner-occupied compared with 66.30% in 2016.

Tumut has 3,770 properties. Over the last 5 years, Houses in Tumut have seen a 55.73% increase in median value, while Units have seen a 57.50% increase. As at 31 May 2026:

  • The median value for Houses in Tumut is $474,697 while the median value for Units is $335,696.
  • Houses have a median rent of $455 while Units have a median rent of $350.
There are currently 71 properties listed for sale, and 18 properties listed for rent in Tumut on OnTheHouse. According to Cotality's data, 159 properties were sold in the past 12 months in Tumut.

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Jed Masters
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Maddi Sutton
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