OFF MARKET

25A Bridge Street
Richmond TAS 7025

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 135m2
Land area: 897m2
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Property Details for 25a Bridge St, Richmond

25a Bridge St, Richmond is a 4 bedroom, 3 bathroom House and was built in 2012. The property has a land size of 897m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in May 2011.

Building Type
House
Year Built
2012
Floor Size
135m2
Land Size
897m2
Local Government
Clarence

Last Listing description (February 2016)

25a Bridge Street, Richmond represents a very rare and under exploited residential/commercial property in one of Tasmania's most popular tourist hubs!
Right in the centre of Richmond (opposite the main pub), this property offers a rare business opportunity, already setup with a tenant in place, the residence is rented but offers opportunity for three separate tourist accommodation units with in the existing house.
There is real opportunity to tap into a stream of eager paying customers. The three self contained cottage rooms offer a mix of old time charm and original features with modern amenities.

A buyer with hospitality skills and a keen interest in growing their own 'lifestyle business' will be able further develop this into a thriving enterprise right in the centre of a world renowned tourist area, where accommodation is always in high demand from visitors.
Real estate in Richmond (especially on the popular main boulevard) is especially rare, so this property is expected to generate strong interest
Book your inspection now by calling John Crane.

Property History for 25a Bridge St, Richmond, TAS 7025

A timeline of how this property has performed in the market
Last Sold
$20,000
19 May 2011
  • 21 Oct 2014
    Listed for Sale OFFERS OVER $370,000
  • 19 May 2011
    Sold for $20,000
  • 09 Feb 2011
    Sold for $450,000
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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.