For Sale Freehold- New Price
The building is currently leased at $600 per week until 30th April 2024. Annual income $31,200.
Current tenant is operating as "Tomms Bar", a newly refurbished bar and private function center.
Located in one of Tamworth growth suburbs, this is your chance to own this prized piece of real estate in the very heart of this popular retro residential estate.
Lot 2 is a Strata Title with 237sqr mtrs in total.
The complex consists of a mixture of commercial & residential. There is front and rear lane access.
173 sqr mtr shop ground floor space + 48 sqr mtrs
Large glass frontage
3 entrance doors
4 x 13 sqr mtr garage spaces
4 Toilets
3 Bathrooms including a disabled bathroom
Reverse cycle air
Natural gas connected
STRATA FEES:
ADMIN - $2,041 PER 6 MONTHS
SINKING FUND - $ 714 PER 6 MONTHS
COUNCIL RATES: APPROX $2,100 PER YEAR
WATER RATES ARE BASED ON USAGE
The size of Hillvue is approximately 11.7 square kilometres. It has 17 parks covering nearly 8.6% of total area. The population of Hillvue in 2016 was 6391 people. By 2021 the population was 6528 showing a population growth of 2.1% in the area during that time. The predominant age group in Hillvue is 10-19 years. Households in Hillvue are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hillvue work in a professional occupation.In 2021, 74.40% of the homes in Hillvue were owner-occupied compared with 73.80% in 2016.
Hillvue has 3,056 properties. Over the last 5 years, Houses in Hillvue have seen a 74.39% increase in median value, while Units have seen a 36.33% increase. As at 30 November 2025:
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