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Description: An exceptional opportunity to secure a landmark development site in the heart of Tamworth’s CBD.
Occupying a prominent 2,023m² landholding*, this property offers ultra-rare dual street frontages to Peel Street and Kable Avenue (approximately 20 metres each), providing outstanding exposure, access and long-term development flexibility in one of the city’s most tightly held commercial precincts.
Formerly known as The Albert Hotel, the site is not heritage listed and may be demolished or repurposed (STCA), allowing developers, owner-occupiers and investors to unlock the full potential of this strategic holding. With a 2:1 Floor Space Ratio and E2 Commercial Centre zoning, the site is well suited to a wide range of future outcomes including mixed-use, commercial, hospitality or accommodation development (subject to council approval).
Renovate or Redevelop
A rare opportunity to either refurbish the existing improvements or pursue a full redevelopment of the site. The property is offered for sale or for lease, with the ability to structure a custom-built outcome subject to agreed commercial terms and council approval (STCA).
Under the current E2 Commercial Centre zoning, the property benefits from exceptional flexibility, with a range of uses permissible with consent (STCA) including amusement centres, artisan food and drink industries, centre-based child care facilities, medical centres, hostels, hotel or motel accommodation, shop-top housing, and recreation facilities. This versatility enables the site to be tailored to market demand — whether as a healthcare hub, hospitality-led destination, mixed-use project, accommodation offering or activation-focused commercial development.
The existing improvements comprise an open ground floor footprint, while the first floor includes eight accommodation rooms, breakout areas and kitchen facilities, providing holding income or adaptive reuse potential while planning future redevelopment.
This is a genuine once-in-a-generation CBD landholding, offering scale, frontage, zoning and flexibility rarely found in regional city centres.
Key Property Highlights
- Site Area: 2,023m²*
- Zoning: E2 Commercial Centre
- Floor Space Ratio: 2:1
- Frontage: Approx. 20m to Peel Street + 20m to Kable Avenue
- Heritage Status: Not listed
- Development Potential: Refurbish or redevelop (STCA)
- Permissible Uses with consent under LEP (STCA): Medical centres, hotel/motel, shop-top housing, centre-based child care, artisan food & drink, recreation, hostel, amusement centre + more
- Location: Core Tamworth CBD with dual access
Motivated vendor – genuine opportunity to secure a landmark CBD site
For further information or to arrange an inspection, please contact:
Dan Watson on 0459 347 562 or Ella Neill 0427 003 888
*Approx.
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