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33/23 Elouera Street Riverside, TAS 7250


33/23 Elouera Street
Riverside, TAS 7250

Hotel & Leisure

Price information


$680,000.00 to $720,000

Key property information

Land area

Floor area

Property extent

Tenure type

Map of 33/23 Elouera Street


Commercial and Residential Exposure in One

Offering commanding views across the Tamar River and easily accessed, this property comprises both a tenanted restaurant complete with dining area, bar, commercial kitchen and cool room along with a lower level residence and ample car parking for both. The restaurant is leased and operates as the Riverview Restaurant, much of the equipment required to operate is included within the lease. The residential tenancy is a large studio style, currently vacant it comprises a recently refurbished kitchen and bathroom. So large it could be reconfigured to include dedicated a bedroom and living area, subject to any approval required. Strata Titled the property is within the same complex as the Tamar River Villas, this along with the growth corridor of Riverside and Legana and great connections to central Launceston provide immediate customers for the restaurant. Here is an opportunity to secure a tenanted commercial property that also offers exposure to the residential market - either live in the residential tenancy or lease it and improve the return the property already offers. Rarely is such an opportunity offered to the market.

Property ID: 503410842Last Updated: 28 Dec 2019

0408 *** ***
33/23 Elouera Street
Riverside, TAS 7250

Agency contacts

Harrison Humphreys - Launceston
Harrison Humphreys - Launceston
48 Brisbane Street
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Ben Humphreys
Harrison Humphreys - Launceston
33/23 Elouera Street Riverside, TAS 7250

I’m interested in this property. Could you please provide me with more information.

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