2 Penrith Street Riverside TAS 7250
For Sale Offers Over $649,000
- Property Type House
- Land area approx 718sqm
- Floor area approx 186sqm
- Region Tasmania
- Locality West Tamar
- Ensuite 1
- Garages 2
- Toilets 2
Untapped Potential with River Views
Positioned in the heart of ever-popular Riverside, this substantial family home presents a rare opportunity to secure space, views, and untapped potential in one of the area's most sought-after pockets. Capturing stunning views across the Tamar River, the home offers a flexible 2-level floorplan perfectly suited to growing families, multi-generational living, or those looking to add value through renovation.
Upstairs, the main living zone is filled with natural light and showcases the beautiful outlook, while the master suite features a walk-in robe and private ensuite, and a single bedroom - perfect for a study or nursery for added versatility. Downstairs provides further accommodation with 2 additional double bedrooms, a 2nd bathroom, and a generous rumpus complete with kitchenette - ideal for teenagers, hobbies or dual living options. Outside, the leafy garden surrounds the home, offering charm, privacy, and plenty of scope to enhance. A double garage with internal access adds everyday convenience.
Set within close proximity to quality schools, sporting facilities, and medical services, this is a location that continues to see strong demand. With solid bones, an adaptable layout, and incredible views, this is an outstanding opportunity to renovate, invest, and create something truly special.
2 Penrith St at a glance:
Substantial family home in the heart of Riverside
Stunning Tamar River views
Exceptional renovation potential
Flexible floorplan with multiple living zones
Double garage with internal access
Character-filled leafy garden
Close to quality schools, sporting and medical facilities
Additional information:
Rental estimate: approx $580 per week 'as is' or $650-$700 per week with some updates
Year built: 1977
Materials: Brick veneer & tile
House: 186sqm
Land: 624sqm
Rates: Approx $1,900pa
Water: Approx $1,100 plus usage
Council: West Tamar
"Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate"
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Jess ChristmasRoberts Real Estate Launceston

