FOR SALE
O/O $169,000+SAV

West Tamar Road
Riverside TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Busy Popular Highly Profitable Fish N Chip Major Rd Frontage Netting $165K ++++

Salt on Tamar is a brilliant business which ticks all the boxes such as
# Well known, long established. great reputation, customers are raving about the quality, taste and flavour.
# Taking $8,800+ per week plus more and netting approx $165,000 per annum 2023FY.
# Specializing in Fish and chips, takeaways along with burgers, steak sandwiches, drinks and all deep-fried favourites.
# Relatively short trading hours 40.5 hours per week, 5 days per week.
# Low-cost, entry-level business, with limited stock levels which turnover weekly.
# All cash business, no accounts or invoicing.
# Great social media reviews, 109 x 4.5 Star Google reviews, 4.8-star reviews on Facebook and 3700 followers.
# Undisputed excellent location, on the West Tamar Highway, gateway to the whole of West Tamar, which has a large population.
# Loads of potential to increase turnover and profit by operating 7 days per week and slightly longer hours.
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Property Details for 5/155 West Tamar Rd, Riverside

Building Type
Commercial
Floor Size
1m2

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About Riverside 7250

The size of Riverside is approximately 55 square kilometres. It has 7 parks covering nearly 2.6% of total area. The population of Riverside in 2011 was 6,072 people. By 2016 the population was 6,475 showing a population growth of 6.6% in the area during that time. The predominant age group in Riverside is 10-19 years. Households in Riverside are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverside work in a professional occupation. In 2011, 75.3% of the homes in Riverside were owner-occupied compared with 72.7% in 2016.

Riverside has 3,452 properties. Over the last 5 years, Houses in Riverside have seen a 64.30% increase in median value, while Units have seen a 30.36% increase. As at 30 September 2024:

  • The median value for Houses in Riverside is $641,551 while the median value for Units is $377,391.
  • Houses have a median rent of $480 while Units have a median rent of $405.
There are currently 38 properties listed for sale, and 4 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Riverside.

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