1686 Channel Highway, Margate, TAS 7054 | Property Value & History | OnTheHouse
OFF MARKET

1686 Channel Highway
Margate TAS 7054

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 175m2
Land area: 422m2
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Property Details for 1686 Channel Hwy, Margate

Building Type
Commercial
Year Built
1925
Floor Size
175m2
Land Size
422m2
Local Government
Kingborough
Lot/Plan
1/182312

Last Listing description (October 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

A timeline of how this property has performed in the market
Last Sold
$250,000
09 Sep 2014
Listed for Rent
$450/w
13 Sep 2019
  • 23 Jul 2025
    Listed for Sale Contact Agent
  • 15 Mar 2025
    Listed for Sale Contact Agent
  • 28 Aug 2019
    Listed for Rent - Price not available
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About 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 1,806 properties. Over the last 5 years, Houses in Margate have seen a 22.10% increase in median value, while Units have seen a 21.67% increase. As at 31 July 2026:

  • The median value for Houses in Margate is $896,182 while the median value for Units is $610,197.
  • Houses have a median rent of $625 while Units have a median rent of $495.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 80 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 7054

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.