81 Barossa RoadGlenorchy TAS 7010
Property Details for 81 Barossa Rd, Glenorchy
Last Listing description (August 2026)
Positioned in a high-exposure location along Barossa Road, this unique mixed-use property presents an outstanding opportunity for investors seeking both immediate income and long-term upside. Comprising a ground-floor commercial shop with a spacious three-bedroom residence above, the property offers flexibility, scale, and untapped potential in a tightly held Glenorchy location.
The commercial component is well suited to a convenience store or takeaway operation, while also lending itself to a range of alternative uses (STCA). Whether reimagined as a boutique grocer, specialty food store, caf-style offering or another community-focused retail concept, the space provides a strong foundation to create something truly compelling-particularly given the limited immediate competition in the surrounding area.
Above the shop sits a well-proportioned three-bedroom, one-bathroom residence, offering an additional income stream or future flexibility. Set on a substantial 1,166m parcel of land with a total building area of approximately 255m, the property delivers scale that is increasingly hard to find in this location.
Currently leased to an excellent tenant until June 2028, the property returns approximately an estimated yield of approximately 7% per annum. Notably, the tenant pays all outgoings, providing a truly low-maintenance investment.
A major highlight is the generous on-site parking, with approximately 12 car spaces at the shop front, two additional off-street spaces, and potential for further expansion (STCA). A garage adds further storage and operational convenience. Positioned in a high-traffic area, the property enjoys strong visibility, excellent street presence, and easy access to Hobart, Moonah and Glenorchy-all within approximately five minutes.
Adding further appeal, a near-complete development of 15 units directly across the road is set to significantly increase local activity and demand, further strengthening the property's long-term commercial and residential appeal.
This is a rare opportunity to secure a versatile mixed-use asset with strong fundamentals, reliable income, and significant scope to unlock further value.
Key Features:
Mixed-use commercial and residential property
Ground-floor commercial shop with multiple potential uses (STCA)
Three-bedroom, one-bathroom residence above
Land size approximately 1,166m
Total building area approximately 255m
Zoned General Residential
Leased until June 2028 with excellent tenant in place
Returning approximately $6,200 per month
Approximate 7% annual yield
Tenant pays all outgoings
High-exposure, high-traffic location
Limited immediate commercial competition
Approximately 12 on-site car parks plus additional off-street parking
Opposite near-complete 15-unit development
Approximately five minutes to Hobart CBD, Moonah and Glenorchy
Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.
Property History for 81 Barossa Rd, Glenorchy, TAS 7010
- 02 Aug 2026Sold
- 15 Jun 2026Listed for Sale Offers over $949,000
- 13 Jan 2026Listed for Sale Offers over $1,150,000
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0About Glenorchy 7010
The size of Glenorchy is approximately 10.4 square kilometres. There are 19 parks, covering nearly 16.6% of the total area. The population of Glenorchy in 2016 was 10828 people. By 2021 the population was 12013 showing a population growth of 10.9% in the area during that time. The predominant age group in Glenorchy is 30-39 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation.In 2021, 52.50% of the homes in Glenorchy were owner-occupied compared with 54.60% in 2016.
Glenorchy has 5,666 properties. Over the last 5 years, Houses in Glenorchy have seen a 30.57% increase in median value, while Units have seen a 19.25% increase. As at 31 July 2026:
- The median value for Houses in Glenorchy is $679,177 while the median value for Units is $485,091.
- Houses have a median rent of $585 while Units have a median rent of $480.
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