Units 1,2,3 / 31 Sorell Street George Town
Better than money in the Bank.
Investors, take note – Rarely do opportunities like this come to market, a well-maintained block of three units presenting an investment that is truly “better than money in the bank”.
Comprising a total of six bedrooms and three bathrooms, each unit individually offers two bedrooms alongside an open plan living area, with modern comforts abound with updated kitchens and bathrooms across the portfolio.
Tenant satisfaction is high, as reflected in the long-term rental history and excellent occupancy rates. Three undercover parking spaces ensure convenience, plus additional off-street parking for visitors.
The property sits on a substantial 716m² 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.
Features
6 bedrooms
3 bathrooms
directions_car5 carspaces
directions_car3 carport spaces
2 open car spaces
crop_free716 m² lot size
cottageUnit
Happy sellers in George Town
94%
sentiment_very_satisfied
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 6 bedroom units in George Town
Sold
For Sale
For Rent
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