River View homes make a splash

The River View, Old Beach. Picture: Artist impression supplied

Homes have already sold at Hobart’s latest home development — and they only launched officially to the public yesterday.

The River View is a boutique collection of 51 contemporary townhouses overlooking the River Derwent.

The official launch to the public was held on October 4 at No.38 Jetty Rd, Old Beach. However, early momentum saw eight homes sold ahead of launch.

Developed by GIC Estates and delivered by SJM Property Developments, The River View has been designed to offer the perfect balance of style, comfort and value, with prices starting from $500,000.

Sales are being led by Elders Real Estate Hobart agents Rose Allie and Mickey White.

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The River View, Old Beach.

With low stock in this price bracket and multiple government incentives for first-home buyers, The River View brings premium features within reach for owner-occupiers. For investors, a tight rental market and depreciation benefits further enhance the value proposition.

A spokesman for the developer, GIC Estates, said Old Beach combines river outlooks, mountain scenery and everyday convenience — exactly the kind of lifestyle Tasmanians are seeking.

“With The River View, our vision is to deliver premium, well-built townhouses that remain genuinely attainable,” they said.

“We’ve partnered with SJM Property Developments to ensure quality at every step, and we’re proud to be bringing this community to market at a time of strong buyer demand.”

The River View, Old Beach.

The River View, Old Beach.

The Elders sales team are expecting the homes to be extremely popular.

“We have certainly seen an uptick in the market over the past three months, with renewed buyer confidence and a surge in market activity in this development’s price bracket,” said Rose Allie, residential project sales agent.

“We are proud to be bringing this exciting development to the market in time for a busy spring market,” said Mickey White, residential project sales agent.

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The River View, Old Beach.

The River View, Old Beach.

The River View offering spans two, three and four-bedroom townhouses.

The design language draws inspiration from Old Beach’s natural setting — mountain backdrops and the area’s history of sandstone extraction — expressed through earth-inspired exterior selections and a calm, natural colour palette that sits comfortably within the surrounding landscape.

Inside, finishes and textures have been curated to create a cohesive, liveable atmosphere across each home, with attention to durability and everyday comfort.

Each home will be fully insulated and include reverse-cycle heating and airconditioning for year-round comfort.

The River View, Old Beach.

The River View, Old Beach.

Select layouts provide step-free access and single-storey options, supporting downsizers and ageing-in-place needs.

Situated just over 20 minutes to Hobart CBD, residents will enjoy access to walking tracks, the River Derwent foreshore, nearby shopping centres, MyState Bank Arena and Hobart International Airport.

Prices will start from $500,000. For sales inquiries and appointments, contact Elders Real Estate Hobart.

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