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1/459 Peel Street
Tamworth NSW 2340
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Sold on 14 Dec 2022

1/459 Peel Street Tamworth NSW 2340

  • Shop & Retail
  • 118 m²
  • Sold

Spilt Milk Bar - Tamworth. "Bespoke. Pure. Natural. Honest. Perfect."

    Spilt Milk Bar Tamworth presents a rare opportunity to secure an outstanding retail investment in one of Australia's strongest regional towns. A brand-new fit-out with 9 additional car spaces provides income security from a trendy hospitality retailer that has now expended across 3 successful regional hospitality locations.

    The original Spilt Milk Bar opened in Orange back in 2018, followed by Canberra in 2020, and venue number 3 officially opening in Peel Street, Tamworth in late 2021.

    Spilt Milk Bar is a retro inspired old school milk bar very popular amongst our young right through to any age where you are never too old to enjoy delicious ice-cream and gelato. With an eye-catching brand identity, this sweet treat hotspot was designed to balance the nostalgia of classic milk bar vibes with a free-wheeling Australian attitude to create a modern, playful brand - a welcome and refreshing change from an Italo-centric marketplace.

    Investment Highlights Include:
    - Brand-new 118sqm retail fit-out + 9 car spaces
    - New 3 year lease + 3 x 3 year options to 2034
    - Significant annual rental increase fixed at 4%
    - Annual net income $62,673.58* (+GST)

    For more information please contact the exclusive agents below.

    For Sale by Public Auction at auctionWorks - Mezz Level, 50 Margaret St, Sydney 27th September 2022

    AUCTION

    Auction date and time27/09/2022 10:30
    Auction locationMezz Level, 50 Margaret Street, Sydney

    Property Highlights

    Date Sold14 Dec 2022
    Floor Area118 m²
    Land AreaAsk Agent
    Parking9 x Onsite parkings
    Building TypePartial building
    Property ID2018046816
    Category
    Last updated  1 Feb 2023
    Map for 1/459 Peel Street Tamworth NSW 2340

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    Property Highlights

    Date Sold14 Dec 2022
    Floor Area118 m²
    Land AreaAsk Agent
    Parking9 x Onsite parkings
    Building TypePartial building
    Property ID2018046816
    Category
    Last updated  1 Feb 2023
    Mezz Level, 34-36 James Craig Road Rozelle NSW 2039

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