15 Somerville StreetSorell TAS 7172
Property Details for 15 Somerville St, Sorell
Last Listing description (June 2011)
Sorell Antiques Centre
The Sorell Antiques Centre is the oldest continually operating in Tasmania.
The building dates back to 1862 and it has been operating as an antique centre for the past 28 years.
The location of the centre is close to the airport [10 minutes], twenty minutes to Hobart CBD and is at the junction of the major tourist route to Port Arthur and the East Coast, in the town of Sorell the fastest growing region in Tasmania.
The business will be sold including the freehold property and as such represents a unique business opportunity as it comes with a mix of 10 tenants, some of whom have been operating from the centre for 10 years. The current owner works 1 day a week and employs no staff.
Tenants pay rent and some work 1 day per week or fortnight.
The owner has display space of approximately 100m2 and this could be used by the new owner, if they have an interest in antiques, or rented out.
Three other groups are also involved in selling pictures, photos, furniture and china on a commission basis.
The centre operates 7 days a week all year round.
A centralized Eftpos system is in place and the owner receives 5% on all transactions used by the Eftpos machine.
The present owner has operated the business for 5 years and is only the 4th owner in 28 years.
Here is an excellent opportunity to purchase freehold commercial property where the new owner can enjoy a solid return or become involved in the running of the premises and or sell antiques.
Property History for 15 Somerville St, Sorell, TAS 7172
- 29 Mar 2011Listed for Sale 385000
- 29 Oct 2009Listed for Sale OFFERS OVER $425,000
- 19 Feb 2006Sold for $285,000
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0About Sorell 7172
The size of Sorell is approximately 22.0 square kilometres. It has 8 parks covering nearly 3.4% of total area. The population of Sorell in 2016 was 2907 people. By 2021 the population was 3597 showing a population growth of 23.7% in the area during that time. The predominant age group in Sorell is 30-39 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 2021, 70.60% of the homes in Sorell were owner-occupied compared with 71.10% in 2016.
Sorell has 2,379 properties. Over the last 5 years, Houses in Sorell have seen a 43.28% increase in median value, while Units have seen a 41.57% increase. As at 28 February 2026:
- The median value for Houses in Sorell is $739,197 while the median value for Units is $524,577.
- Houses have a median rent of $583 while Units have a median rent of $470.
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