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Back 28D Bridge Street
Off Market

28D Bridge Street

Richmond TAS 7025

2
2
2
56 m²
188 m²
Unit
Last sold for $545,000
Warwick PageWarwick Page, last sold this property on 21 September 2025 after 177 days on market.

Overview

Charming Richmond investment, big potential

A prime investment opportunity in the heart of one of Tasmania's most iconic and sought-after tourist destinations - this unique property has two adjacent units, each with its own private rear courtyard and off-street parking. It offers tremendous value for those looking to start or expand their rental portfolio, or for buyers with capacity to make changes to enhance its functionality for future residents. Each identical unit has a neat and compact kitchen, and a modern bathroom with a generously sized shower, plus vanity and toilet. There is a combined lounge and sleeping area with electric heating and space for a dining table. Glass sliding doors provide plenty of natural light to the rear of the dwellings, as well as a very pleasant outlook and easy access to a courtyard with cottage garden - a sheltered and peaceful place to unwind. Currently operating as short-stay accommodation, the premises have demonstrated consistent growth over the past four years, with excellent rental returns. While already an attractive investment, there is potential to advance the business further, with some quality upgrades and increased promotional activity. Utilising the roof space could allow for a separate bedroom to be added, creating scope for a full kitchen installation and significantly boosting both usability and appeal (subject to the appropriate approvals, of course). The location for this tourist-oriented property is unmatched, with historic Richmond Village hosting many attractions (including the heritage bridge and gaol), as well as eateries, shops, and fun outdoor areas right around the corner. Wineries and sightseeing opportunities are scattered throughout the Coal River Valley - making this a perfect base for visitors while exploring the stunning region. An easy 25-minute drive through mainly picturesque rural countryside will bring you to central Hobart, and travellers will appreciate the close proximity to the Hobart International Airport - only 15 minutes away. Here is a fantastic chance to secure a low maintenance, high-potential asset in one of the State's most popular visitor destinations. Warwick will be pleased to share more information about this exceptional property with interested parties, so call today to find out more. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
56 m² floor area
188 m² lot size
Unit

Estimated Value

We need at least 3 similar 2 bedroom units sold in Richmond over the last 12 months.

Property history for 28D Bridge Street

2025
Sold
$545,000
Private Sale/Treaty on 21 Sep 2025 by Warwick Page, of Ripple Realty Pty Ltd - HOBART

Happy sellers in Richmond

72%
72% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Richmond over the last 12 months.

Local market activity for 2 bedroom units in Richmond

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