OFF MARKET

32-34 Cole Street
Sorell TAS 7172

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 160m2
Land area: 667m2
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Property Details for 32-34 Cole St, Sorell

Building Type
Commercial
Floor Size
160m2
Land Size
667m2
Local Government
Sorell
Lot/Plan
1/125858

Last Listing description (August 2018)

- This medium size retail tenancy is located in the heart of the Sorell Shopping Centre precinct and is adjacent to Domino's Pizza and Westpac Bank and opposite the Gateway Shopping Centre and Woolworths Supermarket

- The tenancy is also adjacent to the very busy Cole and Gordon Street intersection that leads to the Tasman Highway and either the Tasmanian East Coast or the Tasman Peninsula


- The tenancy was previously a pet shop and is currently a fitness centre which is relocating

- Comprising an open plan retail space with plenty of exposure to Cole Street the tenancy has some limited parking at the front

- The rental is $44,000 per annum inclusive of statutory outgoings plus power and GST

Property History for 32-34 Cole St, Sorell, TAS 7172

A timeline of how this property has performed in the market
Listed for Rent
$632/w
28 Feb 2015
  • 16 Jul 2018
    Listed for Rent $40,000 / year
  • 09 Dec 2014
    Listed for Rent $33,000 / year
  • 23 Sep 2014
    Listed for Rent - Price not available
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About Sorell 7172

The size of Sorell is approximately 22 square kilometres. It has 8 parks covering nearly 3.4% of total area. The population of Sorell in 2011 was 2,475 people. By 2016 the population was 2,923 showing a population growth of 18.1% in the area during that time. The predominant age group in Sorell is 0-9 years. Households in Sorell are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sorell work in a clerical occupation. In 2011, 71.9% of the homes in Sorell were owner-occupied compared with 71.1% in 2016.

Sorell has 2,310 properties. Over the last 5 years, Houses in Sorell have seen a 49.84% increase in median value, while Units have seen a 49.39% increase. As at 31 October 2024:

  • The median value for Houses in Sorell is $644,349 while the median value for Units is $474,365.
  • Houses have a median rent of $520 while Units have a median rent of $440.
There are currently 32 properties listed for sale, and 3 properties listed for rent in Sorell on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Sorell.

Suburb Insights for Sorell 7172

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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.