FOR SALE
$1,095,000 - $1,195,000

375 John Lees Drive
Dilston TAS 7252

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Land area: 4806m2
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Riverfront Retreat With Income Potential

Imagine owning a beautiful lifestyle property that also provides a lucrative income stream. Investors won't want to miss this incredible opportunity on the banks of the Tamar River. This idyllic property is ideal for multi-generational living or the chance to take ownership of a successful accommodation business. Riverbank Cottages is more than a home, it's a unique opportunity to invest in your family's future.
• Peaceful retreat that combines a spacious home with three self-contained apartments
• Elevated main residence accommodates three bedrooms and a well-appointed bathroom
• Country-style kitchen showcasing Tasmanian timber features with butler's pantry and ample dining space
• Take in the views from the large living room with its cosy wood fire, along with reverse cycle air conditioning
• Enjoy the river breeze from the verandah or host gatherings in the outdoor entertaining area, surrounded by nature
• Versatile downstairs space, ideal for a second living area, home office or teenage retreat
• Adding incredible value are three self-contained units designed for privacy and to capture river views
• Each has its own kitchenette, bathroom, open plan living and bedroom space along with a deck
• Once a thriving short-stay accommodation business, they've recently been utilized for long-term tenancies
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Property Details for 375 John Lees Dr, Dilston

375 John Lees Dr, Dilston is a 6 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 4806m2. The place is currently for sale with Ray White Launceston.

Building Type
House
Land Size
4806m2

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About Dilston 7252

The size of Dilston is approximately 41.5 square kilometres. It has 3 parks covering nearly 5.2% of total area. The population of Dilston in 2011 was 308 people. By 2016 the population was 540 showing a population growth of 75.3% in the area during that time. The predominant age group in Dilston is 50-59 years. Households in Dilston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dilston work in a professional occupation. In 2011, 88.8% of the homes in Dilston were owner-occupied compared with 86.5% in 2016.

Dilston has 282 properties. Over the last 5 years, Houses in Dilston have seen a 66.45% increase in median value, while Units have seen a 12.11% increase. As at 30 November 2024:

  • The median value for Houses in Dilston is $816,553 while the median value for Units is $309,939.
There are currently 3 properties listed for sale, and 1 property listed for rent in Dilston on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Dilston.

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Deniker Gerrity
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Ray White Launceston
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