51A George Town RoadNewnham TAS 7248
Property Details for 51a George Town Rd, Newnham
Last Listing description (November 2021)
Now offered for sale on a vacant possession basis is this extremely well positioned and well appointed showroom/office/workshop. Comprising some 229m2 of high span rear workshop, 171m2 of showroom / office plus a very convenient 480m2 of expansive concrete hard stand.
Property highlights include:
- Flexible 'Local Business' zoning overlay accommodating a range of possible uses S.T.C.A
- Opportunity to relocate your current business
- Potential for multi tenancy arrangement
- Option is there to purchase the Freehold only, Plant and Equipment only, Business only and/or the complete package.
Currently operating under an owner occupier status with retirement on the radar. Why pay rent when you can occupy, set and forget?
For further details contact Marcus Douglas
Property History for 51a George Town Rd, Newnham, TAS 7248
- 01 Jul 2024Sold for $583,000
- 28 Jul 2021Sold for $528,000
- 25 Mar 2020Listed for Sale $450,000 Excl GST
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0About Newnham 7248
The size of Newnham is approximately 6.1 square kilometres. It has 8 parks covering nearly 2.7% of total area. The population of Newnham in 2011 was 5,930 people. By 2016 the population was 6,444 showing a population growth of 8.7% in the area during that time. The predominant age group in Newnham is 20-29 years. Households in Newnham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newnham work in a labourer occupation. In 2011, 63% of the homes in Newnham were owner-occupied compared with 60.4% in 2016.
Newnham has 2,976 properties. Over the last 5 years, Houses in Newnham have seen a 66.91% increase in median value, while Units have seen a 51.09% increase. As at 31 October 2024:
- The median value for Houses in Newnham is $447,492 while the median value for Units is $341,606.
- Houses have a median rent of $475 while Units have a median rent of $370.
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