2 Edward StreetRichmond TAS 7025
Property Details for 2 Edward St, Richmond
Last Listing description (December 2012)
Impressive Business Premises
Rare freehold purchase opportunity in Richmond in the form of this landmark, contemporary, Georgian style property which was constructed during 1981 as a retail business and residence.
Zoned commercial, the premises over the past years has been the outlet for the well known Richmond Antiques business and for much of that period a two lets holiday accommodation business was run concurrently from the property.
The building of 226m2 is constructed of both solid brick and brick veneer and on the street level offers an impressive 116m2 of retail space.
An opportunity exists for the new owner to use all of the space for their own business or alternatively to divide the space into 3 separate shops [STCA].
The ground floor also contains a domestic kitchen, a sunroom, a laundry and a WC.
Upstairs there are 3 large bedrooms, one with an en suite bathroom and a walk in robe; a family bathroom and third WC.
The property has lots of off street parking, a double carport and a steel workshop.
The property is centrally located within historic Richmond Village, just off the main intersection and is opposite the Richmond Bakery and Saddlers Court Gallery where there is a large concentration of visitors and locals shopping in the famous town.
Offered with vacant possession this impressive property will suit the commercial investor or can be utilised as a business outlet and residence.
Being sold by Expressions of Interest closing 10th December 2012.
Price guide is high $500,000s to low $600,000s
Property History for 2 Edward St, Richmond, TAS 7025
- 18 Dec 2024Sold for $900,000
- 29 Apr 2015Sold for $750,000
- 08 Nov 2012Listed for Sale Not Disclosed
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About Richmond 7025
The size of Richmond is approximately 89.9 square kilometres. It has 6 parks covering nearly 0.3% of total area. The population of Richmond in 2016 was 1464 people. By 2021 the population was 1583 showing a population growth of 8.1% in the area during that time. The predominant age group in Richmond is 60-69 years. Households in Richmond are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 81.20% of the homes in Richmond were owner-occupied compared with 80.00% in 2016.
Richmond has 870 properties. Over the last 5 years, Houses in Richmond have seen a 57.34% increase in median value, while Units have seen a 55.38% increase. As at 31 December 2025:
- The median value for Houses in Richmond is $895,869 while the median value for Units is $512,009.
- Houses have a median rent of $650.
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