481 West Tamar Road, Riverside, TAS 7250 | Property Value & History | OnTheHouse
 
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481 West Tamar Road
Riverside TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 198m2
Land area: 550m2
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Property Details for 481 West Tamar Rd, Riverside

Building Type
Commercial
Year Built
1900
Floor Size
198m2
Land Size
550m2
Local Government
West Tamar
Lot/Plan
2/157345

Last Listing description (March 2023)

Located on a busy West Tamar Road in Riverside Tasmania, Florist On Riverside is a popular florist servicing customers looking for flowers and gifts.

Well presented, spacious premises, highly visible with large rear storage, kitchen area and car parking. Current owners are ready to retire, and willing to train.

Some salient features of this business are:

- Main road frontage offering free advertising.

- Association with Petals Florist Network, which generates online orders.

- Selling flowers for every occasion.

- Trusted local suppliers network.

- Connected with local delivery partners providing efficient service to customers.

- Potential to increase the business by going on social media and advertising.

- Moderate rent of only approx $250 per week.

- Operated by a husband and wife team, 5.5 days per week.

- Walk in walk out sale.

Ideal business for someone looking for income with limited overheads, offering congenial work hours and a great work environment. There is heaps of upside/potential to be realised, the low ingoing opportunity for a trained florist or creative person.

Call Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@tasbps.com.au or praveep@tasbps.com.au

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

NOTE: All figures are approximate.

Property Code: 890

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Property History for 481 West Tamar Rd, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$230,000
23 Sep 2011
  • 06 Mar 2023
    Listed for Sale Not Disclosed
  • 23 Sep 2011
    Sold for $230,000
  • 16 Dec 2010
    Listed for Sale $305,000 - $330,000
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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 13 properties listed for sale, and 3 properties listed for rent in Riverside on OnTheHouse. According to Cotality's data, 187 properties were sold in the past 12 months in Riverside.

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