OFF MARKET

2 Commercial Road
Richmond TAS 7025

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 119m2
Land area: 1360m2
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Property Details for 2 Commercial Rd, Richmond

2 Commercial Rd, Richmond is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 1360m2 and floor size of 119m2.

Building Type
House
Floor Size
119m2
Land Size
1360m2
Local Government
Clarence
Lot/Plan
1/226687

Last Listing description (June 2019)

'Floral Cottage' has been the much loved family home of the Shearing family for the past 65 years, providing a sanctuary for the three children who shared this quaint cottage with their parents, played hide and seek on the 1,340sqm of level land and felt safe in the security of the Richmond township, rich in history and community spirit.
More than just a cottage on a large, flat parcel of land, this fabulous property is also a development opportunity with scope to subdivide or strata title into 3 blockssubject to all the necessary council approvals of course! The cottage is not heritage listed and does need renovating, has dual street access and is opposite the Richmond Primary School. The cottage would be perfect for Airbnb accommodation once it has had a makeover, while the rest of the land and the outbuildings, could be utilised or developed to maximise the sunny, level aspect, dual street accesses, location and size of the land.
The cottage itself was built in the 1950's. While it has had some modifications and upgrades over the years to the roofing, wiring and bathroom, there is still a lot you can do to modernise the interior, yet retain its unique character and ambience.

An easy 3 minute walk to this historic township, famous for many popular tourist attractions including the Lolly Shop, The Richmond Bakery and the iconic Richmond Bridge, the location could not be more convenient, slightly removed from the central hub and busy main street.
Properties like this one, are like gold! If this property and the potential for future development excited you, either as your own home or a development site, call me for more information.

Property History for 2 Commercial Rd, Richmond, TAS 7025

A timeline of how this property has performed in the market
  • 21 May 2019
    Listed for Sale Not Disclosed

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About Richmond 7025

The size of Richmond is approximately 89.9 square kilometres. It has 6 parks covering nearly 0.3% of total area. The population of Richmond in 2011 was 1,609 people. By 2016 the population was 1,461 showing a population decline of 9.2% in the area during that time. The predominant age group in Richmond is 50-59 years. Households in Richmond are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 80.8% of the homes in Richmond were owner-occupied compared with 80% in 2016.

Richmond has 859 properties. Over the last 5 years, Houses in Richmond have seen a 55.12% increase in median value, while Units have seen a 90.99% increase. As at 30 November 2024:

  • The median value for Houses in Richmond is $822,561 while the median value for Units is $503,814.
  • Houses have a median rent of $538.
There are currently 7 properties listed for sale, and no properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 7025

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.