Back 1 & 2/28 Esplanade South
Off Market

1 & 2/28 Esplanade South

George Town TAS 7253

5
2
3
1007 m²
Block of units
Last sold for $749,900
David WoodsDavid Woods, last sold this property on 26 March 2026 after 262 days on market.

Overview

Solid Rental Return by the Water!!

Located overlooking the beautiful York Cove in George Town, this lovely dual investment has possibly some of the best views in town. Not only do you have an uninterrupted outlook onto York Cove, but the multi-million dollar York Cove hotel, marina, and apartment development is only a stone's throw away. Positioned facing north to best utilize the views and sunlight, this property is currently split into two units. Unit 1 consists of 2 bedrooms, a spacious living area, a separate dining area, a modern kitchen and bathroom, and an upstairs sunroom/office. Unit 2 consists of 3 bedrooms, a cozy living area, an open-plan kitchen/dining area, and a bathroom. On the Northern end of the property (unit 1) is a single garage and at the southern end (unit 2) is a double garage with workshop space. The fully fenced yards contain low-maintenance gardens with plenty of potential entertaining areas. The property has front and rear street frontage and there is even a garden shed to complete the quality package. There are even long-term tenants in place. Across the road is the local bowls club and the York Cove walking track which will see you in the center of town in just 5 minutes. Sure to be snapped up by a savvy buyer, 28 Esplanade South is the address in town everyone is looking for. Rent: U/1 $350 p.wk - this increases to $380 p.wk in April 2026, Lease expiry: Jan 27 U/2 $400 p.wk, - this increases to $440 p.wk in April 2026, Lease expiry: 21 April 27 Land size: 1,007 sqm (approx.) Built: 1978 Council rates: $3,800 pa (approx.) For more information or to schedule an inspection, contact Dave or Melissa at Harcourts East Tamar. George Town has a lot to offer with 3 schools (two public & one private), a modern hospital, 2 supermarkets as well as hardware supplies and other shopping conveniences. There are also a number of sporting facilities, a swimming centre, social clubs, and the internationally designed mountain bike trails are nearby. All this, only minutes from the beach, a 35-minute drive to Launceston, and less than one hour to the Launceston Airport. Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means that are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

5 bedrooms
2 bathrooms
3 carspaces
3 garage spaces
1007 m² lot size
Block of units

Estimated Value

We need at least 3 similar 5 bedroom block of units sold in George Town over the last 12 months.

Property history for 1 & 2/28 Esplanade South

2026
Sold
$749,900
26 Mar 2026 by David Woods, of Harcourts East Tamar

Happy sellers in George Town

94%
94% of sellers in George Town reported that their sale price either exceeded or met their price expectations.

George Town stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 58 reviews in George Town over the last 12 months.

Local market activity for 5 bedroom block of units in George Town

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