2 Chelmsford Street, Kootingal, NSW 2352 | Property Value & History | OnTheHouse
 
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2 Chelmsford Street
Kootingal NSW 2352

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 5000m2
Land area: 2466m2
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Property Details for 2 Chelmsford St, Kootingal

Building Type
Commercial
Year Built
1980
Floor Size
5000m2
Land Size
2466m2
Local Government
Tamworth Regional
Lot/Plan
11/DP875903

Last Listing description (December 2020)

Burke & Smyth Commercial are pleased to present to the market 2-4 Chelmsford St, a fully leased passive investment on the bustling New England Highway 15 minutes North of the Regional City of Tamworth, NSW, one of Australia's strongest regional cities. Tenanted by one of the regions strongest bulk fuel and lubricants provider's with 6 retail outlets strategically positioned throughout Northern NSW.

- Nett Passing Income $160,000 Plus GST
- Superb 15 year Lease Expiring 2035 Plus Option till 2045 with annual CPI Increases.

- Nett lease Terms Tenant pays all Rates, building and public liability insurance & outgoings
- Favourable Corner position on the New England Highway with Land Area of 2466m2
- Important site uniquely positioned to capture the thriving Village of Kootingal's fuel & convenience
market with low competition
- Great combination of Fuel and a 336m2 Convenience store, dine-in and Takeaway.

**Formal Offer to Purchase - Closing Thursday 5pm 17th December 2020 (if not sold prior)**

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Property History for 2 Chelmsford St, Kootingal, NSW 2352

A timeline of how this property has performed in the market
Last Sold
$850,000
06 Nov 2019
  • 17 Nov 2020
    Listed for Sale Formal Offers to Purchase
  • 06 Nov 2019
    Sold for $850,000
  • 18 Mar 2016
    Listed for Sale Not Disclosed
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About Kootingal 2352

The size of Kootingal is approximately 82.6 square kilometres. There is 1 park within the area. The population of Kootingal in 2016 was 2126 people. By 2021 the population was 2313 showing a population growth of 8.8% in the area during that time. The predominant age group in Kootingal is 0-9 years. Households in Kootingal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kootingal work in a trades occupation.In 2021, 72.30% of the homes in Kootingal were owner-occupied compared with 73.90% in 2016.

Kootingal has 1,294 properties. Over the last 5 years, Houses in Kootingal have seen a 91.74% increase in median value, while Units have seen a 61.05% increase. As at 30 April 2026:

  • The median value for Houses in Kootingal is $589,022 while the median value for Units is $522,205.
  • Houses have a median rent of $490 while Units have a median rent of $465.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Kootingal on OnTheHouse. According to Cotality's data, 87 properties were sold in the past 12 months in Kootingal.

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