99 Macquarie StreetGeorge Town TAS 7253
Property Details for 99 Macquarie St, George Town
Last Listing description (May 2026)
Call To Arms High Exposure Location
Secure a standout passive investment in the heart of George Town, offering a strong gross yield of approximately 7.09% and rental income of approx. $56,764 per annum from two established tenants.
Positioned in a high-exposure location, this property sits at the forefront of the towns evolving commercial landscape. With ongoing subdivisions and new developments in the area, George Town continues to growmaking now an ideal time to invest and benefit from future upside.
The current owners have completed extensive capital improvements, providing added confidence and reduced near-term expenditure, including:
Recently installed grease trap
Rebuilt rear wall
Roof replacement
Ducted air conditioning servicing the office area
Set across two separate titles, the property offers flexibility and future potential to sell individually or maximise value.
Property Highlights:
Land Size: Approx. 278sqm
Floor Area (Harcourts Office): 126sqm
Floor Area (Caf): 91.5sqm
Established tenant providing immediate passive income
Gross Yield: Approx. 7.09%
Annual Rental Income: Approx. $56,764
Zoning: General Business
Opportunities combining secure income, strong yield, and future flexibility are rarely offered to market.
Enquire today to secure this exceptional investment.
Contact Paul Scott 0477771098 or email pauls@tasbps.com.au or Praveen Pant 0432 256 682 INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUILDING AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please Note: All figures quoted are approximate.
Property Code: 2148
Property History for 99 Macquarie St, George Town, TAS 7253
- 15 Apr 2026Listed for Sale Contact Agent
- 09 Apr 1984Sold for $47,500
Recent sales nearby
See more recent sales nearby/assets/perm/nff3vba2cui65ibc353v6cv3wi?signature=a6984bc36175c49038f430570f6be2385f1f91614af6fcb66b0abf4b3a8222f5){kind=logo}
0/assets/perm/5hwybtac4mi6xgl6snerczodim?signature=2f4327918c5dd33da7c7b185e03edf22ff1eee84a5a6b4214f48278c6f2f84aa){kind=logo}
0/assets/perm/pjdsgudrtei6zej5xpawg7n7fi?signature=df396eafb94893ac16623984601ede08bc781e845af4eff75314a0c49602d207){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 2,693 properties. Over the last 5 years, Houses in George Town have seen a 52.60% increase in median value, while Units have seen a 58.31% increase. As at 30 April 2026:
- The median value for Houses in George Town is $454,913 while the median value for Units is $399,670.
- Houses have a median rent of $430 while Units have a median rent of $293.
Suburb Insights for George Town 7253
Market Insights
George Town Trends for Houses
N/A
N/A
View TrendN/A
N/A
George Town Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
