7 Russell Street, Evandale, TAS 7212 | Commercial for sale | OnTheHouse
 
FOR SALE
Offers Over $670,000 + GST

7 Russell Street
Evandale TAS 7212

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 66m2
Land area: 433m2
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Prime Commercial Opportunity in the Heart of Historic Evandale

Positioned in one of Northern Tasmania's most charming and tightly held villages, 7 Russell Street, Evandale presents an exceptional opportunity to secure a commercial property in the heart of the township's thriving retail and tourism precinct.
Set amongst established cafés, boutique retailers, galleries and specialty businesses, this highly visible location enjoys consistent local patronage while benefiting from the thousands of visitors who flock to Evandale throughout the year for its renowned markets, National Penny Farthing Championships and village events.
Whether you're looking to establish a new business, relocate an existing enterprise or expand your investment portfolio, this versatile property offers outstanding potential in one of Tasmania's most sought-after heritage villages.
Property Highlights
• Prominent Russell Street frontage with excellent exposure.
• Flexible commercial space suitable for a wide variety of business uses (STCA).
• Character-filled building with excellent street appeal.
• High pedestrian traffic in Evandale's vibrant town centre.
• Surrounded by established hospitality, retail and professional businesses.
• Easy access to Launceston Airport and only approximately 20 minutes from Launceston CBD.
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Property Details for 7 Russell St, Evandale

Building Type
Commercial
Year Built
1969
Floor Size
66m2
Land Size
433m2
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About Evandale 7212

The size of Evandale is approximately 111.3 square kilometres. There are 6 parks, covering nearly 0.1% of the total area. The population of Evandale in 2016 was 1345 people. By 2021 the population was 1265 showing a population decline of 6.0% in the area during that time. The predominant age group in Evandale is 60-69 years. Households in Evandale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Evandale work in a professional occupation.In 2021, 80.60% of the homes in Evandale were owner-occupied compared with 78.40% in 2016.

Evandale has 692 properties. Over the last 5 years, Houses in Evandale have seen a 62.31% increase in median value, while Units have seen a 49.43% increase. As at 31 July 2026:

  • The median value for Houses in Evandale is $694,607 while the median value for Units is $514,583.
  • Houses have a median rent of $550.
There are currently 6 properties listed for sale, and no properties listed for rent in Evandale on OnTheHouse. According to Cotality's data, 21 properties were sold in the past 12 months in Evandale.

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Georgie Roberts
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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