Introducing "The River View".
The River View—a boutique collection of 51 contemporary townhouses overlooking the River Derwent—will launch to the public on Saturday 4 October at 38 Jetty Road, Old Beach.
Developed by GIC Estates and delivered by SJM Property Developments, the River View has been thoughtfully 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).
Situated just over 20 minutes to Hobart CBD and 10 minutes to MONA, residents will enjoy immediate access to walking tracks, the River Derwent foreshore, nearby shopping centres, MyState Bank Arena (15 minutes) and Hobart International Airport (30 minutes).
“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. 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.”
Developer – GIC Estates
The offering spans 2, 3 and 4-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.
All homes are fully insulated and include reverse-cycle heating and air-conditioning for year-round comfort. Select layouts provide step-free access and single-storey options, supporting downsizers and aging-in-place needs.
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.
“Elders has certainly seen an uptick in the market over the past 3 months, with renewed buyer confidence and a surge in market activity in this development’s price bracket.”
Rose Allie, Residential Project Sales Agent, Elders Real Estate Hobart
“We are proud to be bringing this exciting development to the market in time for a busy spring market.”
Mickey White, Residential Project Sales Agent, Elders Real Estate Hobart
Launch details
Public launch: 1:30 – 2:30pm, Saturday 4 October (on site)
Open Home: 1:30 – 2:30pm, Every Saturday
Location: 38 Jetty Road, Old Beach
Price guide: from $500,000 – $730,000
Sales enquiries & appointments: Rose Allie & Mickey White