OFF MARKET

29 Rice Street
Port Sorell TAS 7307

Bedrooms: 8
Bathrooms: 3
Car spaces: 2
Floor area: 186m2
Land area: 1415m2
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Property Details for 29 Rice St, Port Sorell

29 Rice St, Port Sorell is a 8 bedroom, 3 bathroom House with 2 parking spaces and was built in 1947. The property has a land size of 1415m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in October 2008.

Building Type
House
Year Built
1947
Floor Size
186m2
Land Size
1415m2
Local Government
Latrobe
Lot/Plan
2/164896

Last Listing description (November 2024)

Conveniently located in the beach community of Port Sorell, this expansive and unique property is currently being utilised as a thriving short-term accommodation business.

If you are looking for an established investment opportunity, this unique site offers a multitude of possibilities given its prominent position. The property offers two separate units and the flexibility to offer a third and for larger groups the capacity to sleep 18 people comfortably.

- Expansive property in a prominent location near beach and local eateries
- Currently utilised as two self-contained short term accommodation units
- Flexible layout to cater for groups of all sizes, with capacity to sleep 18 people
- Each unit offers a self-contained kitchen to allow your guests to self-cater
- Several living spaces along with private outdoor areas to relax and entertain
- Multiple sleeping options and well-appointed private bathrooms in each unit
- The larger of the two units offering two kitchens and bathrooms
- Great location for a business venture, with space for a live in manager
- Or live in one unit and continue to self-manage the current business
- Ample parking with double garage plus car park to accommodate 5 vehicles
- Zoned Local Business
- Opportunity for SMSF investment with local management options available

Port Sorell is well known summer location, close to beautiful beaches, the national park and within easy reach of all services at nearby Shearwater.
Devonport is a mere 20 minutes away whilst it's just over an hour to the city of Launceston.

**McGrath Devonport believe information contained is accurate however interested parties should rely upon their own enquires. Plans are indicative only.

Property History for 29 Rice St, Port Sorell, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$225,000
27 Oct 2008
Listed for Rent
$650/w
30 Aug 2022
  • 28 Aug 2024
    Listed for Sale $850k
  • 29 Aug 2023
    Listed for Sale Not Disclosed
  • 23 Dec 2020
    Listed for Sale By Offer
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About Port Sorell 7307

The size of Port Sorell is approximately 9.8 square kilometres. It has 8 parks covering nearly 5.9% of total area. The population of Port Sorell in 2011 was 1,801 people. By 2016 the population was 2,010 showing a population growth of 11.6% in the area during that time. The predominant age group in Port Sorell is 60-69 years. Households in Port Sorell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Sorell work in a trades occupation. In 2011, 76.8% of the homes in Port Sorell were owner-occupied compared with 74.6% in 2016.

Port Sorell has 1,311 properties. Over the last 5 years, Houses in Port Sorell have seen a 87.04% increase in median value, while Units have seen a 77.97% increase. As at 31 October 2024:

  • The median value for Houses in Port Sorell is $670,251 while the median value for Units is $463,034.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 8 properties listed for sale, and 1 property listed for rent in Port sorell on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Port sorell.

Suburb Insights for Port Sorell 7307

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.