29 Sorell St, George Town is a 2 bedroom, 1 bathroom House with 10 parking spaces and was built in 1972. The property has a land size of 727m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom House sold in George Town in the last 12 months.
Investors, take note opportunities like this seldom come to market. Situated at 1,2,3,4/29 Sorell Street, George Town, this well-maintained block of four units presents an investment that is truly better than money in the bank.
Comprising a total of eight bedrooms and four bathrooms, each unit offers two generous bedrooms alongside an open plan living area, awash with natural light throughout the day. Modern comforts abound, with updated kitchens and bathrooms in Units 1, 2, and 4, and a brand new kitchen underway in Unit 3 (bathroom complete).
Each unit also boasts a versatile patio / utility area,opening out to a private courtyard garden a green oasis where tenants can relax in their own space.
Tenant satisfaction is high, as reflected in the long-term rental history and excellent occupancy rates. Six undercover parking spaces ensure convenience, plus additional off-street parking for visitors. The property sits on a substantial 727m parcel of land, just a leisurely three to four minute stroll from George Towns vibrant centre so shops, cafes, and all amenities are right on the doorstep.
Currently returning an impressive 8% gross yield with secure leases in place, this is a turnkey investment for those seeking solid returns in a rapidly growing area.
For further information or to arrange a confidential discussion, please contact us today. Dont miss this opportunity to grow your portfolio with a blue-chip asset.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
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:
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