OFF MARKET

111 Mount George Road
George Town TAS 7253

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 232m2
Land area: 163500m2
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Property Details for 111 Mount George Rd, George Town

111 Mount George Rd, George Town is a 2 bedroom, 1 bathroom House and was built in 1991. The property has a land size of 163500m2 and floor size of 232m2. While the property is not currently for sale or for rent, it was last sold in January 1993.

Building Type
House
Year Built
1991
Floor Size
232m2
Land Size
163500m2
Local Government
George Town
Lot/Plan
1/238890

Last Listing description (March 2023)

Potential is the word that best describes this property.
Approximately 8ha, dual zoning, along the present bike path and the upcoming expansion.
Even if you just take in the views this property is beautiful.

Built from concrete, then reinforced again with more concrete, the strength of this 233m2 building is impressive.

Back in the day this was a thriving little romantic restaurant on top of the hill, so why not recreate this? This time make it a Mecca for the biking community. Somewhere to rest, refresh on their way down or up the hill. Clear a spot and have a camping area or a place where music festivals can frolic. My imagination is doing summersaults, what can yours conjure up?

Does it feel like the stars are aligning for you? Call me today and let me help you own it.

*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Boundary lines are indicative only.

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Property History for 111 Mount George Rd, George Town, TAS 7253

A timeline of how this property has performed in the market
Last Sold
$160,000
25 Jan 1993
  • 26 Apr 2022
    Listed for Sale Not Disclosed
  • 25 Jan 1993
    Sold for $160,000
  • 23 Jan 1989
    Sold for $24,000

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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 2,649 properties. Over the last 5 years, Houses in George Town have seen a 84.21% increase in median value, while Units have seen a 88.96% increase. As at 31 August 2024:

  • The median value for Houses in George Town is $372,023 while the median value for Units is $380,543.
  • Houses have a median rent of $380 while Units have a median rent of $270.
There are currently 54 properties listed for sale, and 10 properties listed for rent in George town on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in George town.

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