29 Rice St, Port Sorell is a 8 bedroom, 3 bathroom House with 2 parking spaces and was built in 1947. The property has a land size of 1415m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in October 2008.
Conveniently located in the beach community of Port Sorell, this expansive and unique property is currently being utilised as a thriving short-term accommodation business.
If you are looking for an established investment opportunity, this unique site offers a multitude of possibilities given its prominent position. The property offers two separate units and the flexibility to offer a third and for larger groups the capacity to sleep 18 people comfortably.
- Expansive property in a prominent location near beach and local eateries
- Currently utilised as two self-contained short term accommodation units
- Flexible layout to cater for groups of all sizes, with capacity to sleep 18 people
- Each unit offers a self-contained kitchen to allow your guests to self-cater
- Several living spaces along with private outdoor areas to relax and entertain
- Multiple sleeping options and well-appointed private bathrooms in each unit
- The larger of the two units offering two kitchens and bathrooms
- Great location for a business venture, with space for a live in manager
- Or live in one unit and continue to self-manage the current business
- Ample parking with double garage plus car park to accommodate 5 vehicles
- Zoned Local Business
- Opportunity for SMSF investment with local management options available
Port Sorell is well known summer location, close to beautiful beaches, the national park and within easy reach of all services at nearby Shearwater.
Devonport is a mere 20 minutes away whilst it's just over an hour to the city of Launceston.
**McGrath Devonport believe information contained is accurate however interested parties should rely upon their own enquires. Plans are indicative only.
The size of Port Sorell is approximately 9.8 square kilometres. It has 8 parks covering nearly 5.9% of total area. The population of Port Sorell in 2016 was 2022 people. By 2021 the population was 2221 showing a population growth of 9.8% in the area during that time. The predominant age group in Port Sorell is 60-69 years. Households in Port Sorell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Sorell work in a trades occupation.In 2021, 77.80% of the homes in Port Sorell were owner-occupied compared with 74.60% in 2016.
Port Sorell has 1,316 properties. Over the last 5 years, Houses in Port Sorell have seen a 72.31% increase in median value, while Units have seen a 59.90% increase. As at 31 January 2026:
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