FOR SALE
$80,000 plus GST

153 Rooke Street
Devonport TAS 7310

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Little Asia

* Popular riverside restaurant in central Devonport
* Asian-inspired menu with dining & takeaway options
* Affordable lease until 2024 with the possibility of a 2-year extension
* Easily accessible position on the city fringe with ample parking
* Great family-friendly working hours with potential for growth
Situated in the heart of Devonport, facing the Mersey River, Little Asia is a vibrant restaurant popular with tourists and locals alike! A rare WIWO opportunity with the potential for growth, the business is available now.
Little Asia is renowned for its generous portions, large menu choices and quality food, which offers a wide range of authentic and traditional Thai cuisine. Bright and cheery Asian-influenced interiors invite you inside, where guests will enjoy a cozy dining experience. The restaurant can cater for 28 seated guests inside with seating for an additional 4 people outside. Takeaway menu options are also available. The space includes a POS area, fully equipped kitchen, internal water closet, multiple storage rooms and rear staff entry. For peace of mind, an affordable lease is in place until 2024 with the option to extend for a further 2 years.
The business has been established for over 13 years and is set up with a Facebook and online ordering system. Positioned in a convenient location on the Devonport CBD fringe, the restaurant is perfectly placed opposite parklands and the river with plenty of parking, transport and foot traffic.
Ready for new owners to take over immediately, the working hours are very family-friendly opening 5-9pm, 7 nights a week, and operate for lunch during the summer months.
Financial information is available upon request. Call now for further information.

Property Details for 153 Rooke St, Devonport

Building Type
Commercial

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About Devonport 7310

The size of Devonport is approximately 10.2 square kilometres. It has 15 parks covering nearly 13.3% of total area. The population of Devonport in 2011 was 14,009 people. By 2016 the population was 13,761 showing a population decline of 1.8% in the area during that time. The predominant age group in Devonport is 50-59 years. Households in Devonport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Devonport work in a professional occupation. In 2011, 62.2% of the homes in Devonport were owner-occupied compared with 59.4% in 2016.

Devonport has 7,650 properties. Over the last 5 years, Houses in Devonport have seen a 79.38% increase in median value, while Units have seen a 75.20% increase. As at 30 September 2024:

  • The median value for Houses in Devonport is $469,035 while the median value for Units is $393,654.
  • Houses have a median rent of $420 while Units have a median rent of $350.
There are currently 44 properties listed for sale, and 5 properties listed for rent in Devonport on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Devonport.

Suburb Insights for Devonport 7310

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Melissa Burtt
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Michael Ziegler
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LJ Hooker Devonport
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.