OFF MARKET

22 Macquarie Street
George Town TAS 7253

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 172m2
Land area: 86m2
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Property Details for 22 Macquarie St, George Town

22 Macquarie St, George Town is a 2 bedroom, 2 bathroom Unit and was built in 1956. The property has a land size of 86m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
1956
Floor Size
172m2
Land Size
86m2
Local Government
George Town
Lot/Plan
2/114149

Last Listing description (March 2022)

Weekly turnover in excess of $55,000 and growing. A most successful business, retailing tobacco products and accessories, lighters, vapes, vaporizers and smoking implements, Long established, well-known tobacconist with a consistently high turnover, in a main street location. With a loyal repeat database of local customers, all retail, no wholesale. Extremely well set up as a member of TSG franchise, which has in excess of 500 members Australia wide. Under the same ownership and the TSG banner for the last 16 years, with a new 5 year contract in place.. Very well set up with various security equipment such as, steel bollards, 4 smoke cloaks, very loud siren, 8 cameras and a complete alarm system, backed up with a solar panel/battery power supply. The freehold property is available @ offers over $350,000 and includes a studio apartment upstairs, which would generate a rent in excess of $220 per week. Trading 5.5 days per week, with two long term employees, current owner works 2.5 days per week. Contact Tasmania's premier Business Brokers Paul Scott on 0477 771 098, pauls@tasbps.com.au or Praveen Pant on 0432 256 682, email admin@tasbps.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.

Property Code: 440

Property History for 22 Macquarie St, George Town, TAS 7253

A timeline of how this property has performed in the market
Last Sold
$188,000
28 Oct 2015
Listed for Rent
$150/w
20 Jan 2015
  • 15 Nov 2021
    Listed for Sale Leasehold $240k+sav or FHGC o/o $590k+sav
  • 28 Oct 2015
    Sold for $188,000
  • 20 Jan 2015
    Listed for Rent - Price not available
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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 52 properties listed for sale, and 10 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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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.