24 Wellington St, George Town is a 12 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1975. The property has a land size of 1662m2 and floor size of 422m2. While the property is not currently for sale or for rent, it was last sold in December 2006.
Six co-joined 2 bedroom units that have been renovated approximately 6 years ago. Currently returning $840 per week. All units are fully let with leases in place and there is opportunity to improve the weekly income.
Close to town centre and walking distance to shops and conveniences.
There are number of schools, modern hospital, sports clubs, restaurants, caf s, Woolworths supermarket and a coastline second to none which make George Town an attractive place to live or invest.
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 2,651 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:
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