This low maintenance, brick and tile unit offers an effortless investment backed by a strong lease in place until May 2027. It's an easy option for investors who want stable long term returns without the stress of ongoing maintenance or frequent tenant changes. Practical spaces, solid construction and a convenient Riverside location make it a dependable performer in any portfolio.
Key features: •
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
What's nearby
St Anthonys Primary SchoolPrimary School
0.6km
Riverside High SchoolHigh School
0.9km
Launceston General HospitalHospital
5.6km
Shopping CentreMajor Shopping Centre
5.2km
Riverside Post OfficePost Office
1.1km
Tafe - Launceston City CampusTafe
5km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
12 Dec 2025
Sold
Harcourts Launceston
$360,000
Contract: 12/12/2025
Listed: 24/11/2025
Days on market: 18
Block size: 154m²
Transfer type: Full transfer
07 Aug 2009
Sold
$162,500
Contract: 07/08/2009
Block size: 154m²
Purpose: Conjoined units
06 Jan 1995
Sold
$62,000
Contract: 06/01/1995
Block size: 154m²
Purpose: Conjoined units
Riverside suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
7,326
Contact details
Please send me information on 1/421 West Tamar Road, Riverside TAS 7250
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Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.