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18 Wragg Street

Somerset TAS 7322

4
2
3
157 m²
524 m²
House
Currently for sale - view listing

Overview

Dual Income Opportunity in Somerset

Welcome to 18 Wragg Street, Somerset - a rare investment opportunity offering two established income streams from a residential home and a commercial shopfront, both secured by long-term tenancies. Whether you're looking to expand your investment portfolio or secure a property with reliable returns and future growth potential, this versatile offering is sure to impress. Residential Highlights: • Original character home featuring four bedrooms, two bathrooms and a fully fenced backyard • Multiple reverse cycle heating and cooling units throughout • Single vehicle carport • Residential home currently tenanted at $385 per week until November 2026 Commercial Highlights: • Prime corner commercial shopfront with excellent street exposure and a modern fit-out • Commercial premises currently leased at $10,315.08 /annum (Excl GST) until August 2029 Please allow a minimum of 48 hours' notice for all inspections. For more information, to request a copy of the Information Memorandum, or to arrange your inspection, please contact Selena Elphinstone or Sarah Elphinstone at Harcourts Burnie. *Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.*

Features

4 bedrooms
2 bathrooms
3 carspaces
1 carport space
2 open car spaces
157 m² floor area
524 m² lot size
House

Happy sellers in Somerset

92%
92% of sellers in Somerset reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in Somerset over the last 12 months.

Local market activity for 4 bedroom houses in Somerset

In the last 12 months, 4 four-bedroom houses similar to 18 Wragg Street, have been sold.

This represents a 20% increase in four-bedroom houses sales when compared to the previous 12 months.

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