A great opportunity to secure a fully leased tenanted investment in a high traffic flow area. Positioned on Bridge Street near the Denison Street roundabout. With only 3 tenants in the past 25 year's all strong trade related tenants. A major renovation in 2015 including high exposure glass frontage on this single tenant investment-Country Locks and Doors successfully trading since 2014 in this location makes this the ideal addition to your commercial portfolio. Dual street frontage give's great flexibility with retail and warehouse access for freight deliveries. 170 bridge St offers a great entry level into the very tightly held Tamworth commercial market
- Current Passing Nett Income: $26,840 Plus GST Per Annum
- 5 x 5 year Lease Commencing December 2021 expiring December 2031
The size of West Tamworth is approximately 6 square kilometres. It has 17 parks covering nearly 28% of total area. The population of West Tamworth in 2011 was 5,347 people. By 2016 the population was 5,206 showing a population decline of 2.6% in the area during that time. The predominant age group in West Tamworth is 20-29 years. Households in West Tamworth are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Tamworth work in a labourer occupation. In 2011, 46.1% of the homes in West Tamworth were owner-occupied compared with 45.6% in 2016.
West Tamworth has 3,093 properties.
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