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24a Victoria Street
George Town TAS 7253

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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For Lease Prime Retail Opportunity In George Town, Tasmania!

Located just a short 30-minute drive from Launceston, this former IGA supermarket, boasting nearly 40 years of successful trading, is now available for lease!
Key Features:
Spacious retail shop spanning approximately 280 m2.
Ideal setup for a supermarket/grocer deli or adaptable to suit various retail uses.
Convenient delivery bay accessible from behind the premises.
Modern and expansive retail floor area.
Rental includes some equipment, minimizing setup costs.
Spacious kitchen area with ample potential for customization.
Situated in an upscale area of George Town, near the beach, and a mere 3-minute walk to the York Cove Waterfront Motel.
Surrounded by a vibrant neighborhood with numerous residential homes.
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Property Details for 24a Victoria St, George Town

Building Type
Commercial
Floor Size
1m2

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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 2,650 properties. Over the last 5 years, Houses in George Town have seen a 75.82% increase in median value, while Units have seen a 67.82% increase. As at 31 October 2024:

  • The median value for Houses in George Town is $361,489 while the median value for Units is $385,565.
  • Houses have a median rent of $380 while Units have a median rent of $290.
There are currently 53 properties listed for sale, and 8 properties listed for rent in George town on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in George town.

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Paul Scott
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Praveen Pant
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Tasmanian Business and Property Sales
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