OFF MARKET

2 Edward Street
Richmond TAS 7025

Bedrooms: -
Bathrooms: 2
Car spaces: 6
Floor area: 238m2
Land area: 799m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 2 Edward St, Richmond

Building Type
Commercial
Year Built
1981
Floor Size
238m2
Land Size
799m2
Local Government
Clarence
Lot/Plan
1/11746

Last Listing description (December 2012)

Impressive Business Premises
Rare freehold purchase opportunity in Richmond in the form of this landmark, contemporary, Georgian style property which was constructed during 1981 as a retail business and residence.
Zoned commercial, the premises over the past years has been the outlet for the well known Richmond Antiques business and for much of that period a two lets holiday accommodation business was run concurrently from the property.

The property is freshly painted and decorated, has new quality floor coverings, has been landscaped with sandstone paving, gravel driveway, instant lawn and has new paling fences to the side and rear boundaries.
The building of 226m2 is constructed of both solid brick and brick veneer and on the street level offers an impressive 116m2 of retail space.
An opportunity exists for the new owner to use all of the space for their own business or alternatively to divide the space into 3 separate shops [STCA].
The ground floor also contains a domestic kitchen, a sunroom, a laundry and a WC.
Upstairs there are 3 large bedrooms, one with an en suite bathroom and a walk in robe; a family bathroom and third WC.
The property has lots of off street parking, a double carport and a steel workshop.
The property is centrally located within historic Richmond Village, just off the main intersection and is opposite the Richmond Bakery and Saddlers Court Gallery where there is a large concentration of visitors and locals shopping in the famous town.
Offered with vacant possession this impressive property will suit the commercial investor or can be utilised as a business outlet and residence.
Being sold by Expressions of Interest closing 10th December 2012.
Price guide is high $500,000s to low $600,000s

Property History for 2 Edward St, Richmond, TAS 7025

A timeline of how this property has performed in the market
Last Sold
$750,000
29 Apr 2015
  • 29 Apr 2015
    Sold for $750,000
  • 08 Nov 2012
    Listed for Sale Not Disclosed
  • 06 Jul 2012
    Listed for Sale NOW $635,000
Sign in to see more transactions

Commute Calculator

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 860 properties. Over the last 5 years, Houses in Richmond have seen a 68.82% increase in median value, while Units have seen a 88.70% increase. As at 31 October 2024:

  • The median value for Houses in Richmond is $850,221 while the median value for Units is $504,589.
  • Houses have a median rent of $550.
There are currently 10 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

Market Insights
Richmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Richmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.