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Overview
1 Bate Street
Positioned in the very heart of the heritage-listed Central Tilba Village, this remarkable circa 1897 property offers a unique opportunity to own a piece of South Coast history in one of New South Wales' most cherished tourist destinations.
Located at No. 1 Bate Street, the property occupies a generous 847 square meter block and is home to the iconic Sweet Water Tilba Saloon & Retro, a well-established and character-filled business that complements the village's historic charm. Please note that the businesses themselves are not included in the sale, only the building.
This property provides immediate income security, as it is leased to an existing tenant under a three-year lease agreement, generating a rental income of $800 per week plus outgoings. This makes it an attractive investment for those seeking both stability and long-term capital growth.
Key features of this property include:
- A heritage-listed building dating back to approximately 1897.
- A prime, central location within the Central Tilba Village.
- An 847 square meter parcel in a tightly held area.
- A secure investment with a current three-year lease in place.
- A rental return of $800 per week plus 50% of outgoings.
- A beautifully preserved 19th-century village setting.
- Strong exposure in a highly popular tourist destination.
Central Tilba is renowned for its charming atmosphere, local produce, and cultural significance, attracting visitors throughout the year who come to experience a place where history, community, and natural beauty blend seamlessly.
This offering is more than just a property; it is an opportunity to own a landmark holding in a location where such opportunities are exceptionally rare.
There is a current development application approved for the construction of a commercial kitchen, and there is potential for further development on the land to the rear of the block, subject to council approval.
Potential buyers should be aware that this property may be subject to GST, and it is recommended to seek advice from legal and taxation specialists.
All information provided has been obtained from sources believed to be reliable; however, accuracy cannot be guaranteed. Prospective purchasers are advised to conduct their own investigations.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Central Tilba NSW 2546
Market Insights for Central Tilba NSW 2546
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