1 Saltbush Road, Risdon Vale, Tas 7016

Offers over $595,000

House
Type
3
Bedrooms
1
Bathrooms
4
Parkings
924 m²
Area

Published on Tuesday, June 02, 2026 ( See property details for 1 Saltbush Road, Risdon Vale, Tas 7016)

Offers over $595,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property offering a comfortable three-bedroom home on a large 924m² block with significant development potential in Risdon Vale.

🏡 Property Highlights

  • Substantial 924m² landholding with development potential
  • Existing three-bedroom home with character features
  • Flexible options for subdivision, strata development, or additional dwellings (STCA)
  • Potential access from neighbouring Sycamore Road (STCA) for enhanced site options
  • Strong rental yield potential with immediate income opportunity
  • Prime location in Risdon Vale with future growth prospects

✨ Key Features

  • Timber flooring
  • Heat pump
  • Carport
  • Shed
  • Potential subdivision
  • Potential access from Sycamore Road (STCA)
  • Established dwelling
  • Large land parcel
  • Separate living and dining areas
  • Practical kitchen
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1 Saltbush Road
Risdon Vale, TAS 7016
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Vertical aerial view — 1 Saltbush Road
1 Saltbush Road — Vertical Aerial  •  Risdon Vale, TAS 7016  •  Nearmap © 2026

Risdon Vale is a growing suburb in Tasmania known for its spacious land parcels and development opportunities. It offers a peaceful community atmosphere, convenient access to local amenities, and strong potential for future growth. The area is ideal for investors seeking land banking, developers planning new projects, and families looking for a spacious lifestyle. With proximity to key transport links and natural attractions, Risdon Vale presents a compelling opportunity for a range of property strategies.

What are the development possibilities for this property?
The property offers potential for subdivision, strata development, or adding additional dwellings (STCA), making it suitable for various redevelopment strategies.
Is there potential for future access from Sycamore Road?
Yes, there is potential for access from Sycamore Road, which may enhance future development options and site flexibility (STCA).
What is the current rental income potential?
The property currently offers strong rental appeal, providing an immediate income stream while exploring future development options.
Are there any planning restrictions or zoning considerations?
Planning and zoning regulations should be verified with local authorities to confirm subdivision and development possibilities, including any easements or restrictions.
What are the key features of the existing home?
The home features timber flooring, character features, a practical floor plan with separate living and dining areas, and a heat pump for year-round comfort.
Are there any zoning restrictions or easements affecting the property that could impact subdivision or development plans? What are the potential costs associated with connecting access from Sycamore Road (STCA)? Are there any existing planning permits or approvals in place for future development? Has the property been surveyed recently to confirm land boundaries and easements? Are there any known issues with the property's structure, drainage, or services? What are the local council requirements or restrictions for subdivision and additional dwellings? Is there any history of flooding or bushfire risk in the area? Are there any nearby construction or development projects that could affect the property? What are the strata or land title considerations for future subdivision or strata development? Are there any additional costs or fees associated with land banking or future development?

1 Saltbush Road, Risdon Vale, Tas 7016 - More Details

Offers over $595,000

Positioned on a substantial 924m² parcel of land, this property presents an outstanding opportunity for investors, developers and land bankers seeking immediate income with significant future upside.

The existing three-bedroom home offers comfortable accommodation with timber flooring, character features and a practical floor plan incorporating a separate living area, dining space and functional kitchen. A heat pump provides year-round comfort, while the carport and separate shed add further convenience for tenants or owner-occupiers.

Currently offering strong rental appeal, the property provides the flexibility to generate income while plans for the future are explored. The generous landholding creates exciting possibilities for subdivision, strata development or additional dwellings (STCA), making this a rare opportunity to secure both cash flow and development potential in one package.

Of particular interest is the potential for access from neighbouring Sycamore Road (STCA), which may enhance future development outcomes and provide greater flexibility for site design and subdivision options.

Key Features:

• 924m² allotment
• Existing three-bedroom home
• Timber flooring and original character features
• Heat pump for year-round comfort
• Carport and separate shed
• Strong rental yield potential
• Potential subdivision, strata development or additional dwellings (STCA)
• Potential access from Sycamore Road (STCA)
• Opportunity to hold, rent, develop or land bank for the future

Properties offering a sizeable parcel of land, an established dwelling and multiple development pathways are increasingly difficult to find. Whether your strategy is immediate rental return, future subdivision or a larger redevelopment project, this property offers the flexibility to pursue a range of investment outcomes.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Type
House
Bedrooms
3
Bathrooms
1
Parkings
4
Area
924 m²
House Size
89 m²

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