For sale with a passing rental of $36,000 pa plus outgoings and GST. This significant office/workshop property is situated in a commercial area of George Town, an Industrial Zoning on 3,000m2 of land. Comprises four offices, reception, conference room and the workshop is partitioned in sections. Security fencing , bitumened carparking facilities and extensive hardstanding areas are provided. All very well presented.
The size of George Town is approximately 104.8 square kilometres. There are 26 parks, covering nearly 26.7% of the 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 2,705 properties. Over the last 5 years, Houses in George Town have seen a 56.74% increase in median value, while Units have seen a 55.74% increase. As at 30 June 2026:
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