401 West Tamar Road, Riverside, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

401 West Tamar Road
Riverside TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 308m2
Land area: 478m2
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Property Details for 401 West Tamar Rd, Riverside

Building Type
Commercial
Year Built
1977
Floor Size
308m2
Land Size
478m2
Local Government
West Tamar
Lot/Plan
2/50989

Last Listing description (March 2021)

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.

Property History for 401 West Tamar Rd, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$495,000
30 Mar 2021
Listed for Rent
$12k/w
29 Jul 2019
  • 30 Mar 2021
    Sold for $495,000
  • 25 Mar 2021
    Listed for Sale offers over $475,000
  • 02 Jul 2020
    Sold for $400,000
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About Riverside 7250

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:

  • The median value for Houses in Riverside is $714,532 while the median value for Units is $436,769.
  • Houses have a median rent of $523 while Units have a median rent of $425.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 185 properties were sold in the past 12 months in Riverside.

Suburb Insights for Riverside 7250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.