1/23-27 Elouera StreetRiverside TAS 7250
Property Details for 1/23-27 Elouera St, Riverside
1/23-27 Elouera St, Riverside is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 61m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (September 2023)
Looking for a great long-term investment? How about a lucrative AirBnB opportunity? Or maybe you're someone who is eager to enter the property market? Well, look no further! This unit presents an incredible chance to secure your future while enjoying the benefits of a fully furnished home.
Short stay earnings for the last 12 months were $34,980.33 gross income, that's an incredible return of 15.9%!
The long term rental estimate for this property is around $310 - $320 per week, with an approximate 7.7% return.
Privacy and low maintenance are key features of this property. The open plan living area provides a comfortable and inviting space, complemented by a separate functional kitchen area that ensures convenience and functionality. The bathroom is complete with a separate shower which adds to the practicality of these residences.
Comfort is guaranteed year-round with the reverse cycle air conditioning system, ensuring you can relax in perfect temperature no matter the season. In terms of parking, worry not - this unit comes with a dedicated car spot, providing both convenience and security for your vehicle.
Location is everything, and this property delivers in that regard. Situated just a stone's throw away from Launceston CBD, you'll enjoy easy access to work, shopping, dining, and entertainment options. Riverside Plaza, with its array of amenities, is within walking distance, catering to all your daily needs. And don't forget the breathtaking Tailrace Park right across the road, perfect for leisurely strolls or picnics.
Don't miss out on this incredible opportunity to secure 1/32-37 Elouera Street, Riverside. Whether you're seeking an investment property or a place to call home, this fully furnished gem ticks all the boxes.
- Great investment opportunity;
- Being sold as fully furnished;
- Low maintenance and private;
- Great location with designated parking.
Council Rates: $684 pa approx.
Water Rates: $760 pa approx.
Body Corporate: $1,260 pa approx.
Municipality: West Tamar Council
School Catchments: Riverside Primary & Riverside High School
Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Property History for 1/23-27 Elouera St, Riverside, TAS 7250
- 07 Sep 2023Sold for $210,000
- 28 Jul 2023Listed for Sale $195,000 - $225,000
- 06 Jul 2019Sold for $79,500
Recent sales nearby
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0About 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 3,514 properties. Over the last 5 years, Houses in Riverside have seen a 51.67% increase in median value, while Units have seen a 43.38% increase. As at 31 May 2026:
- The median value for Houses in Riverside is $784,144 while the median value for Units is $486,721.
- Houses have a median rent of $595 while Units have a median rent of $450.
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