OFF MARKET

3-5 Bathurst Street
George Town TAS 7253

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 70m2
Land area: 632m2
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Property Details for 3-5 Bathurst St, George Town

Building Type
Commercial
Year Built
1955
Floor Size
70m2
Land Size
632m2
Local Government
George Town
Lot/Plan
1/31104

Last Listing description (February 2016)

SITED IN POSSIBLY ONE OFTHE BUSIEST LOCATIONS IN GEORGE TOWN,3-7 BATHURST STREET IS ONE INVESTMENT NOT TO BE OVERLOOKED.THE PREMISES ARE CURRENTLY LEASED AS A BUTCHERS SHOP, WITH TWO VACANT BLOCKS TO THE SOUTHERN SIDE, WHICH IN THEMSELVES PRESENT OPTIONS OF EXPANSION OR DEVELOPMENT.A STONES THROW FROM THE WATERFRONT, SO MAYBE RETAIL AND UNIT LIVING UPSTAIRS COULD PRESENT A POSSIBILITY.WOOLWORTHS IS A NEIGHBOURING BUSINESS, SO PROFILE IS HIGH, WITH PARKING VERY WELL ACCOMMODATED FOR.

Property History for 3-5 Bathurst St, George Town, TAS 7253

A timeline of how this property has performed in the market
Last Sold
$250,000
12 May 2005
  • 12 Apr 2018
    Listed for Sale BY NEGOTIATION OVER $199,000 PLUS GST
  • 22 Oct 2014
    Listed for Sale REDUCED TO $395,000
  • 02 Aug 2010
    Listed for Sale REDUCED TO $55,000!
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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, 98 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.