Sold
$405,000
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32/23-27 Elouera Street, Riverside TAS 7250

Unit / Apartment
312
Block size: 171 m² approx.Unit / Apartment size: 161 m² approx.

Fantastic Fully-Furnished Investment Opportunity Showing a 12% Net Return Last Financial Year.

Introducing 32/23-27 Elouera Street, Riverside - an exceptional opportunity for both seasoned investors looking for short term or long-term options and first-time buyers to enter the market. This fully furnished two-bedroom unit offers a generous amount of space and requires minimal upkeep, making it an ideal investment choice or a comfortable place to call home.

Don't miss out on this incredible investment opportunity or the chance to make your mark in the market. The property offers many options for buyers such as the option to live in it, operate a business, rent out as short or long term accommodation, or as an Air BnB which brought in a huge $58,000 return in the last financial year. The property also offers the option to walk straight in, including a phone line, EFTPOS machine, and key safe system.

Space is of the essence, and this unit delivers generously. With its expansive layout and low-maintenance design, you'll find ample room to relax and entertain without the hassle of constant upkeep. The separate kitchen boasts an abundance of bench and cupboard space, providing a practical and functional cooking area.

The open living and lounge space serve as the heart of this unit, inviting everyone to come together and create lasting memories. Step out onto the balcony from the dining area, and be greeted by a captivating view that will leave you in awe. Imagine sipping your morning coffee or enjoying a delightful evening breeze in this idyllic setting.

Both bedrooms are spacious and flooded with fantastic natural sunlight. The master bedroom offers a walk-in robe and direct access to the main bathroom, ensuring privacy and convenience. The two-way bathroom features a separate shower and a large vanity space, providing ample storage for your essentials.

But that's not all - this unit also includes a reception space, complete with a kitchenette. Additionally, there's another separate area that could easily be transformed into a third bedroom, offering flexibility and versatility to suit your needs.

Location plays a vital role in any property, and this one excels in that regard. Nestled just a stone's throw away from Launceston CBD, you'll enjoy seamless access to work, shopping, dining, and entertainment options. Riverside Plaza, a short walk away, caters to all your daily needs with its array of amenities. And let's not forget the breathtaking Tailrace Park, right across the road, beckoning you for leisurely strolls or delightful picnics.

Embrace the convenience, space, and breathtaking surroundings that 32/23-27 Elouera Street, Riverside has to offer.

• 2-bedroom fully furnished unit;
• A great deal of space & is low maintenance;
• Spacious kitchen with good storage
• Master bedroom includes walk-in robe & access into bathroom;
• Two-way bathroom with separate shower and large vanity space;
• Reception space included with kitchenette & additional space for 3rd bedroom.

Year Built: 1981
House Size: 161m2
Council Rates: $1,193 pa approx.
Water Rates: $792 pa approx.
Municipality: West Tamar Council
School Catchments: Riverside Primary & Riverside High School

Sims for Property 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 accuracy. Prospective purchasers are advised to carry out their own investigations.
Features
  • Air Conditioning
  • Allocated Car Spaces

Inspections

No open inspections scheduled.

Send an enquiry

Contact Richard Sims to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
1
Parking:
2
Property type:
Unit / Apartment
Block Size:
171 *

Other Details

Volume:
32
Folio:
113668
Unit / Apartment Size:
161 *
Legal description:
113668/32
*These are approximate values based on available information.
Sims For Property

Maps and area information

Block information
Block size: 171 (approx)
Legal description: 113668/32
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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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

Invermay Primary SchoolPrimary School
1.6km
Riverside High SchoolHigh School
1.6km
Launceston General HospitalHospital
3.2km
Shopping CentreMajor Shopping Centre
2.8km
Riverside Post OfficePost Office
1.4km
Tafe - Wellington Square CampuTafe
2.6km

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.
Property History
18 Apr 2024
Sold
Sims For Property
$405,000
Contract: 18/04/2024
Listed: 28/07/2023
Days on market: 265
Transfer type: Full transfer

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
Listing ID: 181809328. This listing has been viewed 28 times. It was first displayed on 28/07/2023 and last updated on 23/04/2024.
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.