33/23 Elouera Street, Riverside, TAS 7250 | Unit for sale | OnTheHouse
 
FOR SALE
$900,000 - $1,050,000

33/23 Elouera Street
Riverside TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 7
Land area: 944m2
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A Landmark Tamar Valley Wine Route Destination – Live, Invest & Host

Perfectly positioned directly opposite the shimmering Tamar River, this exceptional mixed use property offers an enviable elevated river outlook along one of Tasmania's most celebrated food and wine trails.
The sale includes the fully established restaurant, a self contained one bedroom unit, and a three bedroom unit-providing a complete and highly versatile package for both commercial and residential pursuits.
At its heart is a well established freehold restaurant seating approximately 60 patrons, long recognised as part of the local fabric. Guests are drawn not only by its reputation, but also by the scenic river backdrop, prominent frontage, and relaxed Tamar Valley atmosphere. With strong exposure to both local and tourist traffic, this is a true destination venue-ideal for winery visitors, food lovers, and weekend travellers.
The existing operation provides a strong foundation with further scope to refine branding, enhance the dining experience, and strengthen partnerships along the Wine Route.
Adding versatility and value, the residential component includes:
• A self contained one bedroom unit-perfect for short stay accommodation, a manager's residence, or passive rental income
• A comfortable three bedroom unit-well suited for owner occupation, staff housing, or premium holiday letting
As a gateway to vineyards, cellar doors, river cruises, and scenic drives, this address enhances both lifestyle and business opportunities. Guests can effortlessly move between tastings, long lunches, and riverside recreation-while enjoying the convenience of on site accommodation."

Property Details for 33/23 Elouera St, Riverside

33/23 Elouera St, Riverside is a 4 bedroom, 2 bathroom Unit with 7 parking spaces. The property has a land size of 944m2. The place is currently for sale with The Agency Northern Tasmania.

Building Type
Unit
Land Size
944m2
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About Riverside 7250

The size of Riverside is approximately 55.0 square kilometres. There are 7 parks, covering nearly 2.6% of the total area. The population of Riverside in 2016 was 6472 people. By 2021 the population was 7326 showing a population growth of 13.2% in the area during that time. The predominant age group in Riverside is 30-39 years. Households in Riverside are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverside work in a professional occupation.In 2021, 73.30% of the homes in Riverside were owner-occupied compared with 72.70% in 2016.

Riverside has 3,519 properties. Over the last 5 years, Houses in Riverside have seen a 43.58% increase in median value, while Units have seen a 45.69% increase. As at 31 July 2026:

  • The median value for Houses in Riverside is $785,153 while the median value for Units is $502,274.
  • Houses have a median rent of $600 while Units have a median rent of $465.
There are currently 22 properties listed for sale, and 6 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 157 properties were sold in the past 12 months in Riverside.

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Katrina Garwood
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Mick Acquarola
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The Agency Northern Tasmania
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