1686 Channel HighwayMargate TAS 7054
Property Details for 1686 Channel Hwy, Margate
Last Listing description (August 2025)
Raine & Horne Commercial is delighted to offer for sale a unique opportunity to acquire a significant landholding incorporating the highest quality improvements, potential to value add, and in a location with huge potential upside.
Features include;
• High exposure position at the northern end of the bustling Margate business strip, the gateway to Southern Tasmania's Channel region. Close to the Margate Tavern, Terry White Chemmart, Margate Post Office and a proposed retail-supermarket development sure to transform Margate when completed.
• Total site area 2,400m2 with Channel Highway frontage of over 48 metres. Zoned "Local Business".
• Comprises an almost new, state of the art showroom-workshop complex (575m2 approx) designed with the flexibility to accommodate many business types. Incorporates a substantial adjoining concrete aggregate car park (10+ vehicles).
• Includes vacant land (1,040m2 approx) with extensive prime Channel Highway frontage to develop or subdivide (STCA).
• Offered subject to a short term lease providing opportunities for future owner-occupation.
• Huge opportunity to value-add for all buyer types - investors, developers and owner-occupiers.
Property History for 1686 Channel Hwy, Margate, TAS 7054
- 22 Aug 2025Sold
- 23 Jul 2025Listed for Sale Contact Agent
- 15 Mar 2025Listed for Sale Contact Agent
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0About Margate 7054
The size of Margate is approximately 41.9 square kilometres. It has 9 parks covering nearly 5.7% of 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 1,802 properties. Over the last 5 years, Houses in Margate have seen a 47.26% increase in median value, while Units have seen a 44.38% increase. As at 30 November 2025:
- The median value for Houses in Margate is $842,107 while the median value for Units is $574,760.
- Houses have a median rent of $590 while Units have a median rent of $478.
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