1/1726 Channel HighwayMargate TAS 7054
Property Details for 1/1726 Channel Hwy, Margate
Last Listing description (July 2021)
This well-presented ground floor retail office has great exposure to the busy Channel Highway in Margate Tasmania. The area of the tenancy is approximately 108 m2 and currently has a reception area, main office and meeting room with a rear kitchen area, storage and toilet. There is a heat pump and a security alarm. There are two car spaces in front of the shop.
Zoned Local Business, the tenancy is currently used for a real estate office (which is relocating down the road) but is suitable for business and professional uses; general retail and hire; and food services. Located in the heart of the Margate village, the tenancy is approximately 20 kilometres from the Hobart CBD or a 20 minute drive for Hobart.
The tenancy will be available 1 May 2021.
Property History for 1/1726 Channel Hwy, Margate, TAS 7054
- 17 Feb 2021Listed for Rent $25,500 / year
- 17 Apr 2015Listed for Rent $22,250 / year
- 24 Jul 2014Listed for Rent $22,250 / year
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0About Margate 7054
The size of Margate is approximately 41.9 square kilometres. There are 9 parks, covering nearly 5.7% of the total area. The population of Margate in 2016 was 3920 people. By 2021 the population was 4239 showing a population growth of 8.1% in the area during that time. The predominant age group in Margate is 10-19 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 2021, 82.60% of the homes in Margate were owner-occupied compared with 81.60% in 2016.
Margate has 1,804 properties. Over the last 5 years, Houses in Margate have seen a 32.01% increase in median value, while Units have seen a 23.98% increase. As at 30 June 2026:
- The median value for Houses in Margate is $900,045 while the median value for Units is $612,667.
- Houses have a median rent of $640 while Units have a median rent of $490.
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