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48-58 Dampier Street, Tamworth NSW 2340

SOLD

Sales Method

By Negotiation

Price

$4,750,000 for entire site

Property Type

Industrial

Land Size

2.2 hectares

On behalf of the Board of Directors and shareholders of Dampier Rural Investments Ltd, Burke & Smyth Commercial & Yield Property are proud to offer 48 – 58 Dampier Street; Tamworth, a prime Industrial property located right in the heart of Tamworth’s Taminda precinct servicing northern New South Wales growth corridor.

This strong performing asset presents a rare opportunity to acquire a secure investment & currently sits on 2 titles but with a current DA approval for 7 Lots which can be sold either as a whole or in portions (Lots to be registered). 48 – 58 Dampier Street is offered for the first time since 1965 (nearly 52 years) and brings with it the finalisation of assets of the original Tamworth Farmers Co-Operative Society Ltd which was established in 1941.

This is an opportunity not to be missed and will not be repeated in the tightly held Tamworth industrial market.

The opportunity exists to purchase the entire site, or individual lots. Prices are as follows:-

• As a whole: $4,750,000
• As a whole minus the 2 vacant blocks: $4,300,000
• Lot 2:$2,350,000
• Lot 3: $875,000
• Lot 4: $685,000
• Lots 5 & 6: $875,000
• Lot 7: $225,000 Plus GST
• Lot 8: $225,000 Plus GST