6 Reibey Street, Ulverstone, TAS 7315 sold on 31 March 2025 | OnTheHouse
 
SOLD
Sold on 31 Mar 2025 for $380,000

6 Reibey Street
Ulverstone TAS 7315

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 105m2
Land area: 236m2
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Property Details for 6 Reibey St, Ulverstone

Building Type
Commercial
Year Built
1953
Floor Size
105m2
Land Size
236m2
Local Government
Central Coast
Lot/Plan
2/120076

Last Listing description (October 2025)

Set in the heart of Ulverstones CBD, 10 Reibey Street presents a rare opportunity to secure a freehold property with both commercial and residential components in one of Tasmanias most popular coastal towns.

The property comprises a ground floor retail tenancy of approx. 110m, currently leased to a hair salon. This established business benefits from strong exposure to passing pedestrian traffic and the surrounding mix of national and local retailers.

Above the commercial space sits a spacious two-bedroom apartment of approx. 109m with its own separate access. The apartment is presently vacant and avalible for lease at $460 per week, providing clear potential to add an additional income stream.

Ulverstone continues to attract both residents and businesses with its balance of relaxed lifestyle and access to key services, including Coles and Woolworths just metres from the property, and the River Leven foreshore precinct only a short walk away. With a secure commercial tenant in place and the opportunity to realise immediate upside through the residential lease, 10 Reibey Street represents a well-positioned investment in a tightly held regional market.

- High foot traffic location
- Retail tenancy of approx. 110m leased to a hair salon
- Two-bedroom apartment of approx. 109m
- Proximity to the River Leven foreshore and wharf precinct
- Adjacent to Ellis Court shopping centre, anchored by Coles Supermarket
- General Business zoning offering flexibility for future use (STCA)
- Outgoings 70% recoverable including building insurance

Howell Property Group 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 its validity. Prospective clients are advised to carry out their own investigations.

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Property History for 6 Reibey St, Ulverstone, TAS 7315

A timeline of how this property has performed in the market
Last Sold
$380,000
31 Mar 2025
Listed for Rent
$335/w
07 Jul 2022
  • 16 Sep 2025
    Listed for Sale Offers over $640,000
  • 31 Mar 2025
    Sold for $380,000
  • 06 Aug 2019
    Listed for Rent $17,500 / year
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About Ulverstone 7315

The size of Ulverstone is approximately 16.6 square kilometres. It has 14 parks covering nearly 3.7% of total area. The population of Ulverstone in 2016 was 6465 people. By 2021 the population was 6653 showing a population growth of 2.9% in the area during that time. The predominant age group in Ulverstone is 60-69 years. Households in Ulverstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ulverstone work in a community and personal service occupation.In 2021, 70.10% of the homes in Ulverstone were owner-occupied compared with 67.70% in 2016.

Ulverstone has 3,875 properties. Over the last 5 years, Houses in Ulverstone have seen a 72.79% increase in median value, while Units have seen a 50.44% increase. As at 30 November 2025:

  • The median value for Houses in Ulverstone is $541,801 while the median value for Units is $428,649.
  • Houses have a median rent of $470 while Units have a median rent of $415.
There are currently 35 properties listed for sale, and no properties listed for rent in Ulverstone on OnTheHouse. According to Cotality's data, 162 properties were sold in the past 12 months in Ulverstone.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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