12 Anne StreetGeorge Town TAS 7253
Property Details for 12 Anne St, George Town
12 Anne St, George Town is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 683m2 and floor size of 225m2.This Property is currently listed for sale with The Agency Northern Tasmania
Last Listing description (August 2026)
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 50m and 90m, providing a combined commercial area of approximately 138m. 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. 55m and 80m 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.
Property History for 12 Anne St, George Town, TAS 7253
- 18 Aug 2026Listed for Sale Offers Around $990,000
- 10 Jun 2025Sold for $247,000
- 08 May 2023Listed for Rent $380 / week
Recent sales nearby
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0About George Town 7253
The size of George Town is approximately 104.8 square kilometres. There are 26 parks, covering nearly 26.7% of the total area. The population of George Town in 2016 was 4347 people. By 2021 the population was 4536 showing a population growth of 4.4% in the area during that time. The predominant age group in George Town is 60-69 years. Households in George Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in George Town work in a labourer occupation.In 2021, 62.70% of the homes in George Town were owner-occupied compared with 59.20% in 2016.
George Town has 2,718 properties. Over the last 5 years, Houses in George Town have seen a 61.88% increase in median value, while Units have seen a 55.29% increase. As at 31 July 2026:
- The median value for Houses in George Town is $482,555 while the median value for Units is $454,874.
- Houses have a median rent of $440 while Units have a median rent of $300.
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