OFF MARKET

470 Nierinna Road
Margate TAS 7054

Bedrooms: 7
Bathrooms: 5
Car spaces: 2
Land area: 62040m2
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Property Details for 470 Nierinna Rd, Margate

470 Nierinna Rd, Margate is a 7 bedroom, 5 bathroom House with 2 parking spaces. The property has a land size of 62040m2. While the property is not currently for sale or for rent, it was last sold in August 1991.

Building Type
House
Land Size
62040m2
Local Government
Kingborough
Lot/Plan
1/117421

Last Listing description (June 2017)

Unique - adjective: radically distinctive & without equal, the single of kind, highly unusual or rare, having no like or equal.
Beautiful - adjective: having beauty, possessing qualities that give great pleasure or satisfaction to see, hear, think about, delighting the senses or mind.
These words are regularly used to describe homes and properties but rarely do they actually depict a property so perfectly. This multi dwelling property offers many possibilities from expansive family home to Bed and Breakfast (STCA) or Artist Retreat. Water will never be an issue as the property has its own bore water, dam and creek.

Each dwelling, from the beautifully crafted main residence to the artist studio, has been lovingly constructed giving an insight into the owners' passion for the property.
All the dwellings make full use of the lovely bush outlook and views. There are so many places to sit and enjoy them that you'll be able to find a different one for each day of the week.
The main residence features an extensive use of timber, both walls and floors, feature brickwork and the use of striking paint colours to dramatic effect. The inviting living space would be a delight to entertain in and in winter would be so comfortable and cosy you'd never want to leave.
The ensuite bathroom is a work of art in itself with a huge double shower, double vanity and extensive storage. The master bedroom takes full advantage of the view and has ample storage with the walk through dressing room.
Any serious artist would think all their dreams had come true with the magnificent, purpose designed and built artists' studio. Whether you want to have it all to yourself or run art classes here, your creative juices will flow.
There are several walking, push bike and horse riding trails that eventually link up to the Kaoota Tramway Track that originates from this property.
So, do I continue to describe all the other dwellings or are you captivated enough? Words really do not do justice to this wonderful property. To say 'inspection is a must' is really an understatement. Call for your own personal inspection today.

Property History for 470 Nierinna Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$45,000
02 Aug 1991
  • 13 Mar 2015
    Listed for Sale $1,200,000
  • 02 Aug 1991
    Sold for $45,000
  • 13 Feb 1985
    Sold for $20,000

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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.

Suburb Insights for Margate 7054

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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.