6-10 Reibey St, Ulverstone, TAS 7315 | Commercial for sale | OnTheHouse
 
FOR SALE
Offers over $640,000

6-10 Reibey Street
Ulverstone TAS 7315

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 219m2
Land area: 109m2
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2 SOLD, 1 REMAINING - Mixed-Use Freehold in Thriving Coastal Centre

Set in the heart of Ulverstone’s CBD, 10 Reibey Street presents a rare opportunity to secure a freehold property with both commercial and residential components in one of Tasmania’s most popular coastal towns.
The property comprises a ground floor retail tenancy of approx. 110m², currently leased to a hair salon. This established business benefits from strong exposure to passing pedestrian traffic and the surrounding mix of national and local retailers.
Above the commercial space sits a spacious two-bedroom apartment of approx. 109m² with its own separate access. The apartment is presently vacant and avalible for lease at $460 per week, providing clear potential to add an additional income stream.
Ulverstone continues to attract both residents and businesses with its balance of relaxed lifestyle and access to key services, including Coles and Woolworths just metres from the property, and the River Leven foreshore precinct only a short walk away. With a secure commercial tenant in place and the opportunity to realise immediate upside through the residential lease, 10 Reibey Street represents a well-positioned investment in a tightly held regional market.
- High foot traffic location
- Retail tenancy of approx. 110m² leased to a hair salon
- Two-bedroom apartment of approx. 109m²
- Proximity to the River Leven foreshore and wharf precinct
- Adjacent to Ellis Court shopping centre, anchored by Coles Supermarket
- General Business zoning offering flexibility for future use (STCA)
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Property Details for 6-10 Reibey St, Ulverstone

Building Type
Commercial
Floor Size
219m2
Land Size
109m2
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About Ulverstone 7315

The size of Ulverstone is approximately 16.6 square kilometres. It has 14 parks covering nearly 3.7% of total area. The population of Ulverstone in 2016 was 6465 people. By 2021 the population was 6653 showing a population growth of 2.9% in the area during that time. The predominant age group in Ulverstone is 60-69 years. Households in Ulverstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ulverstone work in a community and personal service occupation.In 2021, 70.10% of the homes in Ulverstone were owner-occupied compared with 67.70% in 2016.

Ulverstone has 3,876 properties. Over the last 5 years, Houses in Ulverstone have seen a 72.79% increase in median value, while Units have seen a 50.44% increase. As at 30 November 2025:

  • The median value for Houses in Ulverstone is $541,801 while the median value for Units is $428,649.
  • Houses have a median rent of $470 while Units have a median rent of $415.
There are currently 35 properties listed for sale, and no properties listed for rent in Ulverstone on OnTheHouse. According to Cotality's data, 159 properties were sold in the past 12 months in Ulverstone.

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Ben Galvin
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Howell Property Group
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