85 Towong StreetTallangatta VIC 3700
Property Details for 85 Towong St, Tallangatta
Last Listing description (July 2022)
Teddy's Joint is a small and respected business that is just over three years old and has already a proven recipe for success that values an artisan approach to life and food. The freehold and licensed cafe is now for sale, ready for someone to take over and continue the growth of this popular local institution and visitor destination.
The building area of appx 100 sqm sits on the property of appx 350sqm with a large backyard and shed showing plenty of room for development and expansion. The business is licensed for up to 80 patrons and is fully equipped with all fittings, fixtures and furniture to be included in the sale.
The work/life balance chosen by the current owner-operators sees the business trading four days per week from 8am-2pm; a further indication of the potential growth should you choose to increase the number of trading days and/or adding dinner service.
Tallangatta has a population 1082 (2016 census) and is just over 30 mins from Albury/Wodonga on the shores of Lake Hume in picturesque North East Victoria. Declared a notable town by Heritage Australia it boasts a unique history that one first encounters by the Modernist architecture that makes up the towns retail strip. Tallangatta offers and array of sights and activities for day-trippers and holiday makers from cycling along the High-Country Rail Trail to boating and fishing on Lake Hume to hiking and camping in the surrounding state and national parks. Car and motorcycle enthusiasts also delight in the scenic road touring the area is known for.
The property and business are for sale with Sec 52 Business figures and Sec 32 Vendor Statement available to genuine enquiries.
Disclaimer:
While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. We therefore do not accept responsibility for its accuracy and strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.
Property History for 85 Towong St, Tallangatta, VIC 3700
- 05 Dec 2022Sold for $387,500
- 14 Oct 2020Sold for $160,000
- 01 Nov 2019Listed for Sale $169,000
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0About Tallangatta 3700
The size of Tallangatta is approximately 55.6 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Tallangatta in 2016 was 1082 people. By 2021 the population was 1175 showing a population growth of 8.6% in the area during that time. The predominant age group in Tallangatta is 60-69 years. Households in Tallangatta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tallangatta work in a trades occupation.In 2021, 75.60% of the homes in Tallangatta were owner-occupied compared with 74.20% in 2016.
Tallangatta has 681 properties. Over the last 5 years, Houses in Tallangatta have seen a 89.53% increase in median value, while Units have seen a 66.68% increase. As at 31 January 2026:
- The median value for Houses in Tallangatta is $535,176 while the median value for Units is $524,503.
- Houses have a median rent of $400.
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