OFF MARKET

42 Bridge Street
Richmond TAS 7025

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 187m2
Land area: 741m2
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Property Details for 42 Bridge St, Richmond

Building Type
Commercial
Year Built
1998
Floor Size
187m2
Land Size
741m2
Local Government
Clarence
Lot/Plan
1/131167

Last Listing description (May 2019)

This quality retail space is located in the heart of the Richmond Historic Village, approximately 20 minute drive from the Hobart CBD.
Richmond village is located in the Coal River Valley renowned for the Historic Richmond Bridge, tourist destination and also known for its wine growing area.
The tenancy was originally two shops but has been refurbished so that is now presents as one medium size tenancy with polished timber floor boards.

The tenancy was previously occupied by The Sensory Gift Shop.
Located next to the Richmond Arms Hotel the tenancy is now vacant and could be utilized for most types of retailing including caf and food use.
Off street parking is provided.
The tenancy is approximately 187 square metres in size.

Property History for 42 Bridge St, Richmond, TAS 7025

A timeline of how this property has performed in the market
Last Sold
$750,000
12 Sep 2017
Listed for Rent
23 May 2019
  • 23 May 2019
    Listed for Rent - Price not available
  • 12 Sep 2017
    Sold for $750,000
  • 17 Aug 2017
    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.