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Sold on 03 Jul 2024 - Price Unavailable

173 Franklin Street
George Town TAS 7253

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 75m2
Land area: 1009m2
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Property Details for 173 Franklin St, George Town

173 Franklin St, George Town is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 1009m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in George Town in the last 12 months.

Building Type
House
Floor Size
75m2
Land Size
1009m2
Local Government
George Town
Lot/Plan
17/12973

Last Listing description (July 2024)

This affordable family home will suit a wide range of buyers including developers, investors.

On offer here is a three-bedroom (main with BIRS), one-bathroom, weatherboard residence. The property features an updated kitchen, an open-plan living area, and an updated bathroom with a separate toilet. There is a reverse cycle air conditioner in the living room, which is great for keeping the family at the ideal temperature all year round.

Externally the property offers a large 6m x 10m garage with workshop space, and is situated on a very generous block with a fully fenced backyard (providing the ideal space for any children or pets to safely play). The large backyard offers endless opportunities for the new owners, whether they would like to add a garden or outdoor entertainment area, a separate garden shed or (STCA) build a unit. The property offers an opportunity to develop due to its block size (1009m2 approx).


The property is ideally located, being within easy walking distance of the Port Dalrymple School and only a short drive from the town centre/medical facilities.

This property is an ideal investment property to add to your new or existing property portfolio with a tenant currently in place. The property is currently leased at $370 per week and is up for renewal in Febuary 2025 .

Chattels include: Chef oven, Bellini cooktop, rangehood, Daikin reverse cycle air conditioner & NBN.

The 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. All this is only minutes from the beach and only a 35 minute drive to Launceston and less than one hour to the Launceston Airport.

Development in the area is at an all time high with tourism on the increase due to the area's historical significance as well as its beautiful coastline and beaches and more recently the completion of the international standard Mountain Bike trails (with approx 80km of network). However the main contributor to the areas development & growth is due to the attracted interest in the Bell Bay Advanced Manufacturing Zone (Tasmanias largest shipping port) which is located approximately 5km south of George Town. All these things together have created a building boom in the area and are attracting new residents to make this municipality there home.

Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means which 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 History for 173 Franklin St, George Town, TAS 7253

A timeline of how this property has performed in the market
Last Sold
03 Jul 2024
Listed for Rent
$370/w
06 Feb 2024
  • 18 Jun 2024
    Sold for $285,000
  • 29 Jan 2024
    Listed for Rent $370 / week
  • 01 Nov 2023
    Listed for Sale Offers Over $325,000
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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 2,650 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, 99 properties were sold in the past 12 months in George town.

Suburb Insights for George Town 7253

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Contact agent
Melissa Bennett
Show contact details
David Woods
Show contact details
Harcourts East Tamar
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.