14 Russell St, Evandale is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom House sold in Evandale in the last 12 months.
Welcome to 14 Russell Street, a unique and charming property nestled in the heart of Evandale, TAS. This delightful cottage offers an outstanding investment opportunity, perfectly tailored for savvy investors, discerning retirees, or mainlanders seeking a tranquil retreat with the added advantage of a commercial income stream.
Comprising two well-appointed bedrooms and a single bathroom, this quaint cottage sits on a generous 869 square metre parcel of land. Thoughtfully updated while retaining its original charm, the home boasts ample character and space, making it a truly inviting retreat. A large wood heater serves as the heart of the home, ensuring warmth and comfort during the cooler months.
For those with an eye on the bottom line, the commercial tenancy is a highlight, currently leased as a bustling caf until November 2028, generating an annual income of $27,583 p/a. The commercial space benefits from new LED lighting in most areas, solar panels, and fresh paint on parts of the roof and shopfront windows. The property boasts a recently extended kitchen and a power upgrade, ensuring modern convenience. Additionally, the boundary fence has been replaced on the drive side, enhancing the security of the property.
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
The size of Evandale is approximately 111.3 square kilometres. It has 6 parks covering nearly 0.1% of 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 691 properties. Over the last 5 years, Houses in Evandale have seen a 56.26% increase in median value, while Units have seen a 73.51% increase. As at 28 February 2026:
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