1699 Channel HighwayMargate TAS 7054
Property Details for 1699 Channel Hwy, Margate
1699 Channel Hwy, Margate is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1974. The property has a land size of 2681m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (February 2016)
The astute investor will quickly realise that here is the opportunity they've been waiting for to turn an idea into dollars. They would research,consulted, finalised project costing & arranged a financier.
Located in the business hub at Margate this home with garage & storage under has seen numerous home businesses in the past & there's even a separate on site office or studio. Subject to council approval build units at the rear operate a business at the front & watch the dollars roll in. This is a golden opportunity to prosper don't let it slip through your fingers.
- Local Business Zoning (develop STCA)
- Captive audience, thousands pass daily
- Complimented by neighbouring businesses
- Operate your business from home (STCA)
Year built: 1974
Construction: Brick
Heating: Heat pump
Property History for 1699 Channel Hwy, Margate, TAS 7054
- 19 Nov 2015Sold for $655,000
- 05 Oct 2015Listed for Sale $655,000 - $685,000
- 27 Aug 1999Sold for $148,000
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0About Margate 7054
The size of Margate is approximately 41.9 square kilometres. It has 9 parks covering nearly 5.7% of total area. The population of Margate in 2011 was 3,624 people. By 2016 the population was 3,945 showing a population growth of 8.9% in the area during that time. The predominant age group in Margate is 0-9 years. Households in Margate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margate work in a professional occupation. In 2011, 83.3% of the homes in Margate were owner-occupied compared with 81.6% in 2016.
Margate has 1,806 properties. Over the last 5 years, Houses in Margate have seen a 43.18% increase in median value, while Units have seen a 43.01% increase. As at 31 October 2024:
- The median value for Houses in Margate is $796,004 while the median value for Units is $533,425.
- Houses have a median rent of $550 while Units have a median rent of $480.
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