1 & 2/28 Esplanade, George Town, TAS 7253 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Offers Over $779,000

1 & 2/28 Esplanade South
George Town TAS 7253

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Land area: 1007m2
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Solid Rental Return by the Water!!

Located overlooking the beautiful York Cove in George Town, this lovely dual investment has possibly some of the best views in town. Not only do you have an uninterrupted outlook onto York Cove, but the multi-million dollar York Cove hotel, marina, and apartment development is only a stone's throw away. Positioned facing north to best utilize the views and sunlight, this property is currently split into two units.
Unit 1 consists of 2 bedrooms, a spacious living area, a separate dining area, a modern kitchen and bathroom, and an upstairs sunroom/office. Unit 2 consists of 3 bedrooms, a cozy living area, an open-plan kitchen/dining area, and a bathroom. On the Northern end of the property (unit 1) is a single garage and at the southern end (unit 2) is a double garage with workshop space. The fully fenced yards contain low-maintenance gardens with plenty of potential entertaining areas. The property has front and rear street frontage and there is even a garden shed to complete the quality package. There are even long-term tenants in place. Across the road is the local bowls club and the York Cove walking track which will see you in the center of town in just 5 minutes. Sure to be snapped up by a savvy buyer, 28 Esplanade South is the address in town everyone is looking for.
Rent: U/1 $350 p.wk, Lease; 14 Jan 26
U/2 $400 p.wk, Lease; 22 April 26
Land size: 1,007 sqm (approx.)
Built: 1978
Council rates: $3,800 pa (approx.)
For more information or to schedule an inspection, contact Dave or Melissa at Harcourts East Tamar.
George Town has a lot to offer with 3 schools (two public & one private), a modern hospital, 2 supermarkets as well as hardware supplies and other shopping conveniences. There are also a number of sporting facilities, a swimming centre, social clubs, and the internationally designed mountain bike trails are nearby. All this, only minutes from the beach, a 35-minute drive to Launceston, and less than one hour to the Launceston Airport.
Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means that are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details for 1 & 2/28 Esplanade South, George Town

1 & 2/28 Esplanade South, George Town is a 5 bedroom, 2 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 1007m2. The place is currently for sale with Harcourts East Tamar.

Building Type
BlockOfUnits
Land Size
1007m2
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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 2016 was 4347 people. By 2021 the population was 4536 showing a population growth of 4.4% 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 2021, 62.70% of the homes in George Town were owner-occupied compared with 59.20% in 2016.

George Town has 2,667 properties. Over the last 5 years, Houses in George Town have seen a 55.37% increase in median value, while Units have seen a 72.05% increase. As at 30 November 2025:

  • The median value for Houses in George Town is $398,187 while the median value for Units is $368,307.
  • Houses have a median rent of $400 while Units have a median rent of $295.
There are currently 33 properties listed for sale, and 6 properties listed for rent in George town on OnTheHouse. According to Cotality's data, 147 properties were sold in the past 12 months in George town.

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David Woods
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Melissa Bennett
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Harcourts East Tamar
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