81 Barossa Road, Glenorchy, TAS 7010 | Other for sale | OnTheHouse
 
FOR SALE
Offers over $1,095,000

81 Barossa Road
Glenorchy TAS 7010

Bedrooms: 3
Bathrooms: 1
Car spaces: 15
Floor area: 116m2
Land area: 1166m2
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High-Exposure Shop + Residence in Glenorchy

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, café-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 1,166m² parcel of land with a total building area of approximately 255m², 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)
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Property Details for 81 Barossa Rd, Glenorchy

81 Barossa Rd, Glenorchy is a 3 bedroom, 1 bathroom Other with 15 parking spaces. The property has a land size of 1166m2 and floor size of 116m2. The place is currently for sale with Roberts Real Estate Glenorchy.

Building Type
Other
Floor Size
116m2
Land Size
1166m2
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About 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 37.16% increase in median value, while Units have seen a 23.64% increase. As at 30 June 2026:

  • The median value for Houses in Glenorchy is $680,354 while the median value for Units is $488,545.
  • Houses have a median rent of $585 while Units have a median rent of $475.
There are currently 30 properties listed for sale, and 17 properties listed for rent in Glenorchy on OnTheHouse. According to Cotality's data, 253 properties were sold in the past 12 months in Glenorchy.

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Tatum Lyden
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Tony Bacic
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Roberts Real Estate Glenorchy
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