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33/23 Elouera Street Riverside TAS 7250

  • Hotel, Motel, Pub & Leisure
  • 736 m²
  • For Sale, $680,000.00 to $720,000

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

    The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd .by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties

    The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.

    Property Highlights

    Property ID2016555463
    Floor Area736 m²
    Land Area944 m²
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  15 Oct 2020
    Map for 33/23 Elouera Street Riverside TAS 7250
    Map for 33/23 Elouera Street Riverside TAS 725033/23 Elouera Street Riverside TAS 7250
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Humphreys
    Ground Floor, 30 Brisbane Street Launceston TAS 7250

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