The River View, No.38 Jetty Rd, Old Beach. Picture: Supplied
The River View has reached a significant sales and construction milestone, with 12 homes sold and project completion on track for May.
This boutique collection of 51 contemporary townhouses on the banks of the Derwent River at Old Beach, was developed by GIC Estates and marketed by Elders Projects.
The masterplanned community has resonated strongly with Tasmanian buyers across the full market spectrum — from first-home buyers to downsizers and investors, the agents say.
All of the two-bedroom residences have now sold, with a curated selection of three and four-bedroom townhouses remaining.
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The River View, No.38 Jetty Rd, Old Beach.
Rose Allie from Elders Projects said, with construction nearing completion, the development is now accepting conditional contracts, including purchases supported by the Tasmanian Government’s MyHome Shared Equity Scheme — opening a clear pathway to home ownership for eligible Tasmanians.
“The response from the market has been genuinely amazing,” she said.
“Old Beach has always offered a quiet, riverside alternative to Hobart’s inner suburbs, but what we are seeing with The River View is buyers recognising that they don’t have to compromise on quality or design to access that lifestyle.
“With completion just weeks away, the certainty of a near-ready home is a major drawcard; particularly in a market where off-the-plan timelines can stretch for years.”
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The River View, No.38 Jetty Rd, Old Beach.
The River View, No.38 Jetty Rd, Old Beach.
DESIGNED FOR EVERY STAGE OF LIFE
Located just 20 minutes from Hobart’s CBD at No.38 Jetty Rd, The River View was designed and built by SJM Property Developments.
Each residence includes modern kitchens with stone benchtops, stainless steel appliances, double-glazed windows throughout, reverse-cycle heating and airconditioning, and a mix of garage and off-street parking.
A range of curated colour palettes allows buyers to personalise their home to their own taste.
The development is pet-friendly (subject to body corporate approval) and sits within easy reach of local shops, schools, and recreational facilities.
The River View, No.38 Jetty Rd, Old Beach.
The River View, No.38 Jetty Rd, Old Beach.
SUITED TO FIRST HOME BUYER INITIATIVES
The River View’s position as a new, off-the-plan development makes it an eligible property for buyers accessing two of Tasmania’s most significant homeownership support mechanisms:
● The $30,000 First Home Owner Grant: available to eligible first home buyers entering a qualifying transaction between July 1 2025 and June 30 2026 for a new home. Full eligibility criteria are available at sro.tas.gov.au.
● The MyHome Shared Equity Scheme: the Tasmanian Government’s shared equity program, administered by Bank of us, which allows eligible Tasmanians to co-purchase a home with Homes Tasmania.
Unit 28 is available for private inspection.
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