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16 Franklin Street

Richmond TAS 7025

7
5
7
305 m²
1323 m²
House
Currently for sale - view listing

Overview

Richmond Barracks - History, Lifestyle & Income

Dating back to 1825, Richmond Barracks presents a remarkable opportunity to own a piece of Tasmania's colonial history, together with three charming guest cottages and an established accommodation business, just a short stroll from the heart of historic Richmond. Set on a generous 1,323m² elevated, corner allotment, this distinctive property combines the character of early colonial architecture with the versatility of multiple independent living spaces, offering an appealing combination of lifestyle, heritage and income. A home steeped in history Originally comprising two adjoining cottages, believed to have accommodated soldiers involved in overseeing the construction of Richmond Bridge and working at Richmond Gaol, the residence has since been combined into one character-filled home. Traditional architectural features and timber floors reflect its historic origins, while twin fireplaces and reverse-cycle air conditioner provide modern comfort. The main residence offers two bedrooms, plus a third bedroom or study in the loft, an open-plan living and dining area, timber kitchen, reception/office area, bathroom and laundry, providing the opportunity to live privately while operating the adjoining accommodation. Three charming guest cottages Each cottage enjoys its own character and independence, providing comfortable accommodation for visitors or extended family. • Lady Esther Cottage: A delightful two-storey cottage with two bedrooms, accommodating up to four guests. • The Retreat Cottage: A welcoming one-bedroom cottage accommodating up to three guests. • The Cellar Studio Cottage: An intimate studio retreat, ideal for couples. All three cottages feature private bathrooms, kitchenettes and reverse-cycle air conditioning and are offered fully furnished with their accommodation inventory. An award-winning lifestyle business Operating continuously since 2000, Richmond Barracks Accommodation has earned an enviable reputation, including a 2018 TripAdvisor Hall of Fame award and a 2020 HotelsCombined Recognition of Excellence. The accommodation business has been deliberately tailored around the current owner's preferred lifestyle, presenting a clear growth opportunity for a new operator. Expanding to full year-round trading, adjusting minimum-stay requirements or exploring alternative guest accommodation arrangements offers strong potential to drive occupancy and income. Buyers could choose to live in the main residence while operating the three cottages or, alternatively, reside elsewhere and explore the potential to incorporate the main residence into the accommodation offering, subject to any necessary approvals. Beyond its established accommodation business, the property also presents an appealing opportunity for extended or multigenerational families to combine their resources and create a shared family haven. With four separate living spaces, different generations could enjoy the benefits of living close together while retaining their own independence and privacy. Beautiful grounds in the heart of Richmond Thoughtfully established gardens and attractive outdoor spaces provide a beautiful setting for residents and guests alike, with the grounds carefully designed to be remarkably low maintenance. A private courtyard offers a peaceful place to relax, while the easy-care landscaping allows more time to enjoy the property and the wonderful Richmond lifestyle. Additional features include a garage, parking for seven or more vehicles, a storage shed and a substantial wine cellar measuring approximately 4m x 3m. Just 300 metres from Richmond's historic village centre, the property enjoys easy access to cafés, galleries, boutique shops and the famous Richmond Bridge. The renowned wineries and restaurants of the Coal River Valley are close by, with Hobart Airport and the city also within convenient reach. Richmond Barracks offers a rare combination of colonial heritage, independent accommodation and an established business, providing the opportunity to enjoy an exceptional lifestyle while becoming part of this historic property's continuing story. Further business and financial information is available to genuinely interested purchasers. Approximate Annual Council Rates: $6,248 Approximate Annual Water Rates: $1,218 Construction Date: C1825 Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt its accuracy, guarantee cannot be assured. The content is intended as advice, and as such cannot be taken as absolute fact. Any and all imagery displaying outlines, measurements or locations are approximate for marketing purposes only. Please refer to the title documents supplied. Some images may depict digital styling. Accordingly, all interested parties should make their own enquiries to verify this information.

Features

7 bedrooms
5 bathrooms
7 carspaces
6 open car spaces
1 garage space
305 m² floor area
1323 m² lot size
House

Happy sellers in Richmond

<50%
Less than 50% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

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