40 Main Road, Sorell TAS 7172

Offering an excellent opportunity for investors, this attractive and beautifully maintained weatherboard property is prominently positioned on Main Road in central Sorell.

The property is currently occupied as office premises by an established tenant who has been in occupation since 2023. A new three-year lease commenced in June 2026, with two further one-year options providing the potential for tenancy through to 2031.

The lease provides an indicative net return of approximately 5.75%, with CPI-linked rental increases over the lease term. The tenant is also responsible for significant property outgoings, including council rates, all water charges and land tax.

Originally built in 1960, the house, garden and outbuildings were extensively improved in 2023. The house was rewired, repainted and refurbished, with polished timber floorboards through the kitchen, dining and living areas, new carpet in the bedrooms, retrofit double glazing, landscaping, and roof and gutter refurbishment. Its use as office premises since the improvements were completed has kept the property in excellent condition.

The property offers three bedrooms, an open-plan kitchen, dining and living area, bathroom, separate toilet and sunroom. A reverse-cycle heat pump provides year-round heating and cooling, and there is comfortable off-street parking for three vehicles.

The enclosed backyard is established and productive, with a variety of fruit trees, a vegetable-growing area and native plantings.

Additional structures include a garage and storage area, garden shed, and a separate studio.

Prominently located opposite Sorell School and within easy walking distance of shops, medical facilities and essential services, the property is well positioned in the heart of Sorell.

Sorell is one of Tasmania's fastest-growing municipalities and an important retail and service centre for Tasmania's South East. Continued residential growth, including the planned Sorell East Growth Area, together with significant investment in the Hobart-Sorell highway connection, education and commercial infrastructure, supports the property's well-connected central location.

Lease documentation and further property information are available to genuine prospective purchasers.

Inspections are available by appointment with appropriate notice to the tenant.

Some images have been digitally edited for tenant privacy. No structural features have been altered.

For further information or to arrange an inspection, please contact us.

The Phone Code for this property is: 75525. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.