202 Victoria Street, Taree, NSW 2430 | Property Value & History | OnTheHouse
OFF MARKET

202 Victoria Street
Taree NSW 2430

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1475m2
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Property Details for 202 Victoria St, Taree

Building Type
Commercial
Land Size
1475m2
Local Government
Mid-Coast
Lot/Plan
6/DP1258365

Last Listing description (August 2023)

JLL Hotels & Hospitality Group is thrilled to offer for sale the freehold interest in the Royal Hotel, Taree.

Positioned desirably in the centre of town at 202 Victoria Street, The Royal Hotel draws profit from multiple revenue streams, showcasing a superior food, beverage and accommodation offering that distinguishes it from competitors.


Investment attributes are summarised as follows:

- Average weekly sales approx. $30,000 from F&B and accommodation
- Tastefully refurbished faade and ground floor bar and dining areas
- 12 first floor accommodation rooms
- Favourable E:2 Commercial Centre Zoning
- Prominent main street positioning adjacent essential government services
- Picturesque water views of the Manning River
- Spacious bistro & modern commercial kitchen
- Recently renovated managers flat

The Royal Hotel, Taree is being offered for sale via Expressions of Interest closing Thursday, 6 July 2023 at 2.00pm (if not sold prior).

All enquiries are to be directed to the exclusively appointed undersigned agents.

Property History for 202 Victoria St, Taree, NSW 2430

A timeline of how this property has performed in the market
Last Sold
$750,000
10 Jul 2023
  • 10 Jul 2023
    Sold for $750,000
  • 08 Jun 2023
    Listed for Sale Contact Agent
  • 13 Apr 2021
    Sold for $840,000
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About Taree 2430

The size of Taree is approximately 47.8 square kilometres. There are 44 parks, covering nearly 5.7% of the total area. The population of Taree in 2016 was 16197 people. By 2021 the population was 16715 showing a population growth of 3.2% in the area during that time. The predominant age group in Taree is 60-69 years. Households in Taree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taree work in a community and personal service occupation.In 2021, 58.70% of the homes in Taree were owner-occupied compared with 58.50% in 2016.

Taree has 9,706 properties. Over the last 5 years, Houses in Taree have seen a 41.19% increase in median value, while Units have seen a 29.12% increase. As at 31 July 2026:

  • The median value for Houses in Taree is $536,838 while the median value for Units is $390,167.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 95 properties listed for sale, and 52 properties listed for rent in Taree on OnTheHouse. According to Cotality's data, 458 properties were sold in the past 12 months in Taree.

Suburb Insights for Taree 2430

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.