SOLD
Sold on 02 Jan 2024 for $430,000

Pollock Place
Sorell TAS 7172

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2584m2
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Property Details for Lot 2 Pollock Pl, Sorell

Building Type
Land
Land Size
2584m2
Local Government
Sorell
Lot/Plan
2/156791

Last Listing description (February 2024)

This site in Sorell is a rare opportunity to secure a substantial level parcel in central Sorell just a short four minutes' walk to the main shopping hub.

The site offers 2584m2 of gently sloping land situated at the end of a quiet cul-de-sac which is surrounded by established homes.

A design approval is now in place for the development of five units with configurations and sizes as follows:

Unit 1 3 bed, 2 bath, single internal garage 142.12m2
Unit 2 2 bed, 1 bath, off street parking 94.33m2
Unit 3 2 bed, 1 bath, off street parking 96.43m2
Unit 4 3 bed, 2 bath, single internal garage 146m2
Unit 5 3 bed, 2 bath, single internal garage 142.12m2

Complete plans and reports are available upon request.

Pollock place has been built out and this is the last vacant block left in the street.

Sorell is a satellite town and is the gateway to the East Coast of Tasmanian and the Tasman Peninsular. As such it is loaded up with infrastructure with all national brands being represented in the town.

All this is just a 20-minute drive to Hobart's CBD and only 10 mins to Hobart Airport situated in Cambridge.

Expressions of interest close on the 27th of October at 12pm, the vendor reserves the right to accept offers prior.

For further information or to arrange your private inspection please contact Ben Vance.

Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.

Property History for Lot 2 Pollock Pl, Sorell, TAS 7172

A timeline of how this property has performed in the market
Last Sold
$430,000
02 Jan 2024
  • 02 Jan 2024
    Sold for $430,000
  • 05 Oct 2023
    Listed for Sale Offers over $450,000
  • 31 May 2021
    Sold for $315,000
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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, 102 properties were sold in the past 12 months in Sorell.

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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.