For Sale

29 Sorell Street, George Town, Tas 7253-Image

29 Sorell Street, George Town, Tas 7253-Floorplan

29 Sorell Street, George Town, Tas 7253

$850,000

Unit

Type

Bedrooms

Bathrooms

Parkings

727 m²

Area

Last updated on Thursday, August 06, 2026 ( See property details for 29 Sorell Street, George Town, Tas 7253)

$850,000

Daron Gumley - Real Estate Agent - Howell Property Group - Residential

Daron Gumley Property Representative

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, high-yield investment opportunity comprising four modern units in a prime George Town location, offering excellent tenant appeal and outdoor space.

🏡 Property Highlights

Well-maintained block of four units with high occupancy rates
Impressive 8% gross yield with secure leases in place
Modern updates including kitchens and bathrooms in most units
Private courtyard gardens for each unit, offering outdoor space
Six undercover parking spaces plus additional off-street parking
Prime location just a short stroll to George Town’s vibrant centre

✨ Key Features

Open-Plan Living
Outdoor Area
Built-in Robes
Garage / Secure Parking
Outdoor Area / Balcony
Security Screens / Gates
Fly Screens
Fully fenced
Water tank
Pet-Friendly

Suburb and Property Insights of George Town, TAS 7253

George Town offers a vibrant community with a rich history, excellent amenities, and a growing local economy. Its proximity to shops, cafes, and transport links makes it an ideal location for tenants. The area boasts a strong rental market, high occupancy rates, and ongoing development projects, making it a secure choice for investors. With a welcoming atmosphere and scenic surroundings, George Town is perfect for those seeking a balanced lifestyle and solid investment growth.

Frequently Asked Questions

What is the current rental income and yield for this property?

The property currently offers a gross rental yield of approximately 8%, with secure leases in place, providing a reliable income stream for investors.

Are there any recent renovations or updates to the units?

Yes, Units 1, 2, and 4 have updated kitchens and bathrooms, and a new kitchen is underway in Unit 3, with the bathroom already completed.

What amenities and services are nearby?

The property is just a short three to four-minute walk from George Town’s vibrant centre, offering shops, cafes, and all essential amenities.

Is there parking available for residents and visitors?

Yes, there are six undercover parking spaces for residents and additional off-street parking for visitors.

What is the condition of the property and land?

The property is well-maintained, with a substantial 727m² parcel of land, featuring private courtyards and outdoor spaces for each unit.

What to ask about this property to agent?

Are there any upcoming zoning changes or development plans in the area that could affect the property? What are the total ongoing costs, including strata fees, council rates, and maintenance? Are there any easements, covenants, or restrictions on the land? Has the property been inspected for structural issues or pests? Are there any planned or recent renovations that might impact future maintenance costs? Is the property compliant with all local building codes and regulations? Are there any known issues with the plumbing, electrical systems, or appliances? What is the history of the property's occupancy and rental performance? Are there any planned infrastructure projects nearby that could cause noise or disruption? Is the property part of a strata scheme or body corporate, and what are the associated fees and rules?

29 Sorell Street, George Town, Tas 7253 - More Details

$850,000

Investors, take note – opportunities like this seldom come to market. Situated at 1,2,3,4/29 Sorell Street, George Town, this well-maintained block of four units presents an investment that is truly “better than money in the bank”.

Comprising a total of eight bedrooms and four bathrooms, each unit offers two generous bedrooms alongside an open plan living area, awash with natural light throughout the day. Modern comforts abound, with updated kitchens and bathrooms in Units 1, 2, and 4, and a brand new kitchen underway in Unit 3 (bathroom complete).
Each unit also boasts a versatile patio / utility area,opening out to a private courtyard garden – a green oasis where tenants can relax in their own space.

Tenant satisfaction is high, as reflected in the long-term rental history and excellent occupancy rates. Six undercover parking spaces ensure convenience, plus additional off-street parking for visitors. The property sits on a substantial 727m² parcel of land, just a leisurely three to four minute stroll from George Town’s vibrant centre – so shops, cafes, and all amenities are right on the doorstep.

Currently returning an impressive 8% gross yield with secure leases in place, this is a turnkey investment for those seeking solid returns in a rapidly growing area.

For further information or to arrange a confidential discussion, please contact us today. Don’t miss this opportunity to grow your portfolio with a blue-chip asset.

Type: Unit
Bedrooms: 8
Bathrooms: 4
Parkings: 6
Area: 727 m²

Map & nearby places — 29 Sorell Street, George Town, Tas 7253

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29 Sorell Street, George Town, Tas 7253

$850,000

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