1/421 West Tamar Rd, Riverside is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 154m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Riverside in the last 12 months.
This low maintenance, brick and tile unit offers an effortless investment backed by a strong lease in place until May 2027. It's an easy option for investors who want stable long term returns without the stress of ongoing maintenance or frequent tenant changes. Practical spaces, solid construction and a convenient Riverside location make it a dependable performer in any portfolio.
Key features:
• Easy care two bedroom brick and tile home
Contact Jeremy Wilkinson today for clear dependable investment advice.
Key features:
• Low maintenance two-bedroom brick and tile home
• Open plan kitchen, dining and lounge - refrigerator included in sale
• Two bedrooms in total (both with built-in storage)
• Combined bathroom and laundry with washing machine included
• Reverse cycle air conditioning
• Carport with internal access
• Just 5 minutes to shops, supermarket, chemist, doctors and facilities at Riverside
• Close to schools & community sporting facilities including pool, golf, tennis & bowls
• Close to the Tailrace centre and a myriad of walking tracks
• Only 10 minutes' drive to Launceston's CBD
No pressure, just good advice - get in touch with Jeremy Wilkinson, Launceston's top-rated agent.
Rental return: $350pw Lease end 7/5/2027
**Inspections will require at least 48 hours' notice**
Current rental estimate: Up to $400 pw
Unit size: 66 sqm
Carport size: 18 sqm
Land size: 154 sqm
Built: 1976
Council rates: TBA
Zoning: General Residential
Council: West Tamar
**Harcourts Launceston 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. All measurements are approximate**
The size of Riverside is approximately 55.0 square kilometres. It has 7 parks covering nearly 2.6% of 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 10-19 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 3,496 properties. Over the last 5 years, Houses in Riverside have seen a 60.82% increase in median value, while Units have seen a 48.17% increase. As at 31 December 2025:
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