For Sale

12 Anne Street, George Town, TAS, 7253

Offers Around $990,000

1
3
4
225 m²
680 m²

Unit

What's around 12 Anne Street

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.

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