Property for Sale

18 Wragg Street, SOMERSET, TAS 7322

  • 524
  • 157 m2
  • 4
  • 2
  • 1
  • 2
  • 4

$640,000

Dual Income Opportunity in Somerset

Welcome to 18 Wragg Street, Somerset - a rare investment opportunity offering two established income streams from a residential home and a commercial shopfront, both secured by long-term tenancies. Whether you're looking to expand your investment portfolio or secure a property with reliable returns and future growth potential, this versatile offering is sure to impress.

Residential Highlights:
• Original character home featuring four bedrooms, two bathrooms and a fully fenced backyard
• Multiple reverse cycle heating and cooling units throughout
• Single vehicle carport
• Residential home currently tenanted at $385 per week until November 2026

Commercial Highlights:
• Prime corner commercial shopfront with excellent street exposure and a modern fit-out
• Commercial premises currently leased at $10,315.08 /annum (Excl GST) until August 2029

Please allow a minimum of 48 hours' notice for all inspections.

For more information, to request a copy of the Information Memorandum, or to arrange your inspection, please contact Selena Elphinstone or Sarah Elphinstone at Harcourts Burnie.

*Harcourts Burnie 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 accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.* Added 02 July, 2026 Property ID: #L41600867

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Property features

  • General: Aircon, Bath, Built in Robes, Internal Laundry, Reverse Cycle Aircon, Separate Dining Room, Workshop
  • Exterior/Outdoor: Fully Fenced, Shed

Office

Harcourts Burnie

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Est. bond $1920
  • 524
  • 157 m2
  • 4
  • 2
  • 1
  • 2
  • 4

Property for Sale

18 Wragg Street, SOMERSET, TAS 7322

$640,000

Dual Income Opportunity in Somerset

Welcome to 18 Wragg Street, Somerset - a rare investment opportunity offering two established income streams from a residential home and a commercial shopfront, both secured by long-term tenancies. Whether you're looking to expand your investment portfolio or secure a property with reliable returns and future growth potential, this versatile offering is sure to impress.

Residential Highlights:
• Original character home featuring four bedrooms, two bathrooms and a fully fenced backyard
• Multiple reverse cycle heating and cooling units throughout
• Single vehicle carport
• Residential home currently tenanted at $385 per week until November 2026

Commercial Highlights:
• Prime corner commercial shopfront with excellent street exposure and a modern fit-out
• Commercial premises currently leased at $10,315.08 /annum (Excl GST) until August 2029

Please allow a minimum of 48 hours' notice for all inspections.

For more information, to request a copy of the Information Memorandum, or to arrange your inspection, please contact Selena Elphinstone or Sarah Elphinstone at Harcourts Burnie.

*Harcourts Burnie 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 accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.* Added 02 July, 2026 Property ID: #L41600867

Property Features

  • General: Aircon, Bath, Built in Robes, Internal Laundry, Reverse Cycle Aircon, Separate Dining Room, Workshop
  • Exterior/Outdoor: Fully Fenced, Shed
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Harcourts Burnie

Office Harcourts Burnie

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Need to sell before you Buy?

Need to sell before you Buy?

If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.