81 Barossa Road, Glenorchy TAS 7010

Property Details: • Type: House

• Bedrooms: 3 • Bathrooms: 1

Description: Positioned in a high-exposure location along Barossa Road, this unique property presents an outstanding opportunity for investors seeking both immediate income and long-term upside. Comprising a ground-floor commercial shop with a spacious three-bedroom residence above, the property offers flexibility, scale, and untapped potential in a tightly held Glenorchy location. The commercial component is well set up for a convenience store or takeaway operation and lends itself to a range of alternative uses for a buyer with vision. Whether reimagined as a boutique grocer, specialty food store, café-style offering or another community-focused retail concept, the space provides a strong foundation to create something truly compelling, particularly given the lack of immediate competition in the surrounding area (STCA). Above the shop sits a three-bedroom, one-bathroom residence, providing an additional income stream or future flexibility. Set on a substantial 1,166m² parcel of land with a total building area of approximately 255m², the property offers scale that is increasingly hard to find in this location. The property is currently leased until June 2028, with an excellent tenant in place. Further lease details are available upon request. A major highlight is the generous on-site parking, with 12 car spaces located at the shop front, two additional off-street spaces and the potential for further parking (STCA). A garage provides additional storage and operational convenience. Positioned on a high-traffic area, the property benefits from strong visibility, excellent street presence, and easy access to Hobart, Moonah and Glenorchy all within approximately five minutes. Adding further appeal, a near-complete development of 15 units directly across the road is set to increase local activity and demand, reinforcing the property's future potential for both commercial and residential use. This is a rare opportunity to secure a versatile mixed-use property with strong fundamentals, solid income and significant scope to unlock further value through creative repositioning. • Mixed-use commercial and residential property • Ground-floor commercial shop with strong potential for a convenience store, mini grocer, café or takeaway • Three-bedroom, one-bathroom residence above the shop • Land size approximately 1,166m² • Total building area approximately 255m² • Zoned General Residential • Current lease in place until June 2028 • Excellent tenant in place; further details available upon request • High-exposure, high-traffic location with strong street presence • No immediate commercial competition in the surrounding area • Approximately 12 on-site car parks plus additional off-street parking • Near-complete 15-unit development located directly across the road • Approximately five minutes to Hobart CBD, Moonah and Glenorchy Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.