CH on Peel Tamworth for sale: Iconic art deco building attracts international buyers

A year after the five-storey expansion was built next door, the art deco side on the corner of Peel and Brisbane Streets has caught the eye of international investors.

Home to three separate businesses, the new owners can expect to rake in at least $500,000 a year in rent, Tourism Brokers real estate agent David Head said.

"Look there is local interest as well as interest from right across Australia and internationally more than anything," he said.

"There's the full range of buyers you would expected to have interest from - corporate investors, superannuation investors.

"Any number of people are interested in blue chip because the interest rates are very low at the moment."

The building is home to three separate tenancies, Lado's Jewellers, Regional Australia Bank and the restaurant and hotel lease.

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The hotel was built in the late 1930s, fully reconstructed in 2014 and is a heritage listed property for architectural, social and cultural significance.

The building is not up for auction until mid-May in Sydney but Mr Head said there has been strong interest among potential buyers.

The property auction does not include the $5.8m expansion onto the neighbouring block.

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