Mixed-Use Investment Opportunity – One Title, Multiple Income Streams
Potential for circa 8% gross return.
An outstanding opportunity to secure a versatile mixed-use property comprising a residential flat and two commercial shopfronts, all held on one title.
The residential component features a one-bedroom, one-bathroom flat, currently rented until June 2027, providing an immediate reliable income stream.
The property also includes two separate shopfronts, measuring approximately 50m² and 90m², providing a combined commercial area of approximately 138m². The commercial spaces offer excellent flexibility for a mix of leasing and/or owner-occupation.
With three distinct components on a single title, this property presents an attractive opportunity for investors seeking a diversified income stream and future flexibility.
Suitable for (STCA):
• Medical rooms
• Hair and beauty
• Bike or sporting shop
• Professional rooms
Property features:
• One title
• In the heart of the commercial precinct
• One-bedroom residential flat
• Residential rental income of $440 per week
• Two vacant commercial shopfronts
• Shop/Showrooms approx. 55m² and 80m² plus amenities
• Shop 1 appraised at $600 - $640/week
• Shop 2 appraised at $400 - $440/week
• Off street parking at rear
• Potential for multiple income streams
• Excellent mixed-use investment potential
A rare opportunity to acquire a substantial mixed-use holding combining established residential income with two well-sized commercial premises.
Features
1 bedroom
3 bathrooms
directions_car4 carspaces
4 open car spaces
225 m² floor area
crop_free680 m² lot size
cottageUnit
Property history for 12 Anne Street
2023
Rented
Undisclosed
Leased on 01 Jun 2023 by The Agency Northern Tasmania
Happy sellers in George Town
94%
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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 56 reviews in George Town over the last 12 months.
Local market activity for 1 bedroom units in George Town
Sold
For Sale
For Rent
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