Located in the heart of Ulverstones thriving main commercial strip, this exceptional investment offers three fully leased, mixed-use properties with a strong rental return.
Ulverstone, a vibrant coastal town on the northwest coast, is a popular choice for families and professionals seeking a relaxed lifestyle while maintaining connections to major centres.
Currently there is 100% occupancy across all tenancies and this high performing investment comprises of 2 commercial & 2 residential tenancies.
The 2 commercial tenancies are home to a hair & beauty salon and mobile phone repair + accessory outlet.
Two residential apartments above these businesses are currently tenanted and provide valuable additional rental income.
With a mix of long-standing businesses and residential accommodation, this investment presents a diverse income stream in a sought-after location. Or there is the opportunity for development potential to create more inner city living (STCA), just minutes to the banks of the River Leven and the popular Ulverstone wharf precinct.
Major retailers Coles & Woolies are only 100m away along with an eclectic mix of independent retailers.
- High foot traffic location with fantastic development potential (STCA).
- 2 separate titles with combined lettable area of 398m2 approx.
- Diverse tenant mix including two residential apartments.
- Proximity to the River Leven foreshore and wharf precinct.
- Adjacent to Ellis Court shopping centre, anchored by Coles Supermarket.
These three properties are being offered for sale either individually or in one line.
6 Reibey Street - Ulverstone: SOLD
8-8a Reibey Street - Ulverstone: Offers over $410k
10 Reibey Street - Ulverstone: Offers over $640k
Dont miss this rare opportunity to secure a piece of Ulverstones bustling commercial precinct.
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.
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 3,887 properties. Over the last 5 years, Houses in Ulverstone have seen a 79.73% increase in median value, while Units have seen a 61.75% increase. As at 30 June 2025:
6 Reibey St, Ulverstone is in the school catchment zone for Ulverstone Primary School.
$513k
5.88%
View Trend$450/W
4.50%
$436k
6.00%
View Trend$360/W
4.61%
Population 6,653
0-9
10%
10-19
11%
20-29
10%
30-39
10%
40-49
10%
50-59
13%
60-69
15%
70-79
13%
80-89
7%
90-99
1%
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