1/47 Cimitiere St, George Town TAS 7253

THIS SPACE PRESENTS: 1/47 Cimitiere Street, Geoge Town, Tasmania

A solid brick unit, on a flat block, with its own carport and separate utilities room.
George Town median unit value has increased approx. 30% from 2020 - 2023, and, given its ideal location, with underpinnings of strong industry and skilled labor force the demand for quality investments like these are increasing.
The area benefits from its close location to the Bell Bay industrial hub, the focus of the Tasmanian government's renewable hydrogen production and export plans. Large capital investment projects are on the radar of the likes of Fortescue, Woodside, Origin Energy and even Spanish energy giant Iberdola. These projects may generate large increases in economic activity and jobs for the local community, increasing rental demand and providing capital growth in property prices.
The unit’s location is one block from the CBD and walking distance to all local amenities including medical facilities, schools and shopping. Great access to recreation, heritage and the natural environment and being only 35 minutes to Launceston, this could be your chance at securing either a solid investment for years to come or a perfect low maintenance home.


THIS SPACE: the features.
- 2 good sized bedrooms with wardrobes
- Private access to unit with carport
- Split-system heating and cooling for year-round comfort
- Low-maintenance yard
- Great returns

THIS SPACE: the location.
George Town is set on the sea and is a short drive to Low Head – a popular fishing destination – and a 40 minute commute to Launceston. The area benefits from its close location to the Bell Bay industrial hub, the focus of the Tasmanian government's renewable hydrogen production and export plans.

THIS SPACE: the details.
- Current Lease: $295 per week increasing to $305 per week in January 2026
- House size: 79 sqm (approximately)
- Land size: 291sqm (approximately)
- Built: 1981

DISCLAIMER:
This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective purchasers should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.

Property Code: 94


Property Code: 94