OFF MARKET

1751 Channel Highway
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 103m2
Land area: 2104m2
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Property Details for 1751 Channel Hwy, Margate

1751 Channel Hwy, Margate is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1938. The property has a land size of 2104m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in April 1997.

Building Type
House
Year Built
1938
Floor Size
103m2
Land Size
2104m2
Local Government
Kingborough
Lot/Plan
1/249096

Last Listing description (May 2018)

Have a vision and reflect also on the past.
We are proud to present this character home on a large parcel of urban land in a terrific growth path of Tasmania. The home presents well and has a wonderful charm that is well worth keeping.
There are high, square-set ceilings, picture rails, timber floors, large bedrooms and a large living area. Our vendors have been here for some time and would like us to secure a contract that would allow them to lease the existing home, post completion of sale, at a fair market rental rate for a period of approximately18 months whilst development processes take place and they ease out of the fantastic location that is central Margate.

We are therefore looking to attract buyers with an opportunity mindset. The position of the home on the site seems ideal for good site allocation of any future allowances STCA.
Margate is a wonderful place to live and invest. The lifestyle is ideal to say the least. We have coastal community living, a fantastic family recreation park at Dru Point Reserve, along with Dru Point boating facility and an ever-growing town centre which is great for food and coffee. Here we are within 20 minutes drive to Hobart and 8 minutes to Kingston. There are also 5 great beaches nearby.
Please take the opportunity and book your inspection, or come to our open homes.

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Property History for 1751 Channel Hwy, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$94,000
11 Apr 1997
  • 19 Feb 2018
    Listed for Sale Expressions of interest
  • 11 Apr 1997
    Sold for $94,000
  • 01 Dec 1983
    Sold for $34,000

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About 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.
There are currently 15 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Margate.

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