FOR SALE
$499,000

114-118 Macquarie Street
George Town TAS 7253

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2754m2
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Outstanding Opportunity!!

Welcome to 114-118 Macquarie Street George Town! This spacious residential land offers a generous area of 2754 sqm (approx.), providing plenty of space for your dream home or development project. On 3 titles and DA for 2 units on 1 of the parcels of land - the heavy lifting has been started ! Council has drawn plans for a sewer system to accommodate 6!
With a price guide of $525,000, this property offers great value for its size, potential and location.
George Town has a lot to offer with 3 schools, a modern hospital, 2 supermarkets as well as hardware supplies and other shopping conveniences. There are also a number of sporting facilities, a swimming centre and social clubs, not to mention the recently opened international standard mountain bike trail network. All this only minutes from the beach and only a 35 minute drive to Launceston and less than one hour to the Launceston Airport. The seaside village of Low Head is only a five minute drive away, offering stunning beaches, fairy penguin tours and a rich maritime history.
Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means that are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
For more information contact David Woods or Melissa Bennett at Harcourts East Tamar.

Property Details for 114-118 Macquarie St, George Town

Building Type
Land
Land Size
2754m2

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About George Town 7253

The size of George Town is approximately 104.8 square kilometres. It has 26 parks covering nearly 26.7% of total area. The population of George Town in 2011 was 4,303 people. By 2016 the population was 4,338 showing a population growth of 0.8% in the area during that time. The predominant age group in George Town is 60-69 years. Households in George Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in George Town work in a labourer occupation. In 2011, 57.8% of the homes in George Town were owner-occupied compared with 59.2% in 2016.

George Town has 2,655 properties. Over the last 5 years, Houses in George Town have seen a 73.55% increase in median value, while Units have seen a 77.25% increase. As at 30 November 2024:

  • The median value for Houses in George Town is $371,362 while the median value for Units is $376,204.
  • Houses have a median rent of $380 while Units have a median rent of $290.
There are currently 62 properties listed for sale, and 12 properties listed for rent in George town on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in George town.

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Melissa Bennett
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