Fronting the high volume traffic flow of West Tamar Highway at Riverside, this "double-use" property represents a rare opportunity to put your business in a prized, highly visible position.
Currently, the property has retail on the ground floor and a two bedroom apartment above. The retail area is supported by the valuable inclusion of an approved commercial Kitchen together with approx. 150 sqm shop-front and on-site parking. Situated next door to "Joe's" complex and at the Ecclestone Road lights, this property has the flexibilty of retaining the retail tenant ( the apartment is leased) or occupying the commecrial space for your own purposes.
A premises such as this and in the Riverside area, rarely comes available, hence this is an opportunity to secure it and reap the rewards.
For Sale or For Lease.
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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