17 Tamar Rise, Riverside, Tas 7250

Elevated to capture breathtaking, panoramic views across the Tamar River and Valley, this exceptional residence delivers an enviable combination of executive style luxury, relaxed family living and genuine investment potential.

Set on a generous 809m² allotment with approximately 238m² of internal living, this beautifully designed home provides space, privacy and flexibility in a highly sought-after position, just minutes from Launceston CBD, leading schools, shopping and the city's vibrant lifestyle amenities.

From the moment you enter, the quality and thoughtful design are evident. Generous proportions, abundant natural light and carefully considered living spaces create a home that is equally suited to entertaining, family life or hosting discerning short-stay guests.

Four large bedrooms provide excellent accommodation, with the luxurious master suite enjoying its own ensuite and walk-in robe, together with a custom-built king bed that complements the home's premium feel.

Two bathrooms service the upper level, while an additional toilet in the downstairs laundry provides added convenience for family and guests.

The home's versatile floorplan allows everyone to find their own space, with generous living areas complemented by a dedicated media room - ideal for movie nights, entertaining or simply retreating in privacy.

Few properties offer such an impressive combination of indoor and outdoor living.

Two elevated front decks take full advantage of the property's position, providing the perfect vantage point to relax with a morning coffee, enjoy an afternoon drink or entertain while taking in the ever-changing Tamar River and Valley outlook.

At the rear, a substantial paved patio creates a private and secluded entertaining zone, perfectly suited to large gatherings, alfresco dining and relaxed summer evenings.

Adding an unexpected touch of luxury is the home's dedicated outdoor wellness sanctuary.

Unwind in the traditional sauna before soaking in the multi-jet hot tub, with the spectacular Tamar outlook providing a truly memorable backdrop.

The established gardens add to the sense of privacy and tranquillity, with apricot and lemon trees, productive garden beds and a well-sized garden shed providing space for gardening, hobbies and storage.This is more than a backyard - it is an extension of the home's lifestyle offering.

Constructed in 2012, the residence combines contemporary design with practical modern comforts. Double-glazed windows throughout assist with year-round energy efficiency, while multiple reverse-cycle heat pumps provide flexible heating and cooling.

For those working from home or requiring connectivity, hardwired CAT5 networking is integrated throughout the property, complemented by an integrated security system for added peace of mind.

A double lock-up garage provides secure parking with convenient internal access, while the expansive side-access driveway delivers valuable additional off-street parking. There is ample room for a large boat, caravan, multiple vehicles or recreational equipment - an increasingly rare feature in properties offering this level of lifestyle.

Perhaps the most compelling aspect of this property is its flexibility. Currently operating part-time as a highly rated short-stay retreat, the residence has established an impressive 4.89-star rating and benefits from strong forward bookings with current owner happy to pass on the established AirBNB with a 4.9 star rating with the option to buy fully furnished.  

For investors, this presents the opportunity to acquire an established, beautifully presented short-stay asset with an existing track record.

For owner-occupiers, the choice is equally appealing - move straight into a fully furnished luxury residence, or retain the short-stay operation and generate an income stream when the property isn't being enjoyed personally.

The option to purchase the property fully furnished provides a genuine turnkey opportunity.

A Rare Combination of Lifestyle and Opportunity. Whether your ambition is to secure a sophisticated family residence, establish a premium short-stay business or combine both, this remarkable property offers a level of flexibility rarely found in the market.

With spectacular Tamar River views, generous accommodation, luxury wellness facilities, exceptional entertaining spaces, extensive vehicle accommodation and an established short-stay history, this is a property designed to deliver both lifestyle and opportunity.

A luxury sanctuary today. A proven income-producing asset tomorrow. The choice is yours.

DISCLAIMER: The information above is provided by The Agency as general guidance only. Although we take care to keep it accurate, we do not guarantee that it is complete or reliable. Prospective purchasers should make their own enquiries and verify all details independently. The Agency accepts no responsibility for any errors, omissions or inaccurate statements.