FOR SALE
$420,000

162 William Street
Devonport TAS 7310

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Floor area: 148m2
Land area: 822m2
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Strategic Location & Development Potential!

This unique property at 162 William Street offers an incredible location right on the edge of the Fourways Shopping precinct - a sought-after area with convenience and potential in abundance. The property currently has two tenants with leases extending until March next year, creating an immediate income opportunity.
The home is divided into two sections: the front portion features 2 bedrooms, a bathroom, a kitchen, and a living room, while the rear section has 1 bedroom, a bathroom, a kitchen, and a living room, making it suitable for multiple uses or further development. Recent exterior upgrades include new meter boxes, a durable Colorbond roof, and aluminium single-glazed windows, ensuring that major structural elements are in good condition.
Sitting on a substantial 822sqm (approx.) block, this property is ideal for development (subject to council approval), whether you envision building anew or reimagining the existing structure. Inside, the home presents a blank canvas, needing significant renovation or a complete rebuild, offering the perfect project for those with a creative vision.
With its unbeatable location and ample block size, 162 Williams Street is brimming with potential for investors, developers, and renovators alike.

Property Details for 162 William St, Devonport

162 William St, Devonport is a 3 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 822m2 and floor size of 148m2. The place is currently for sale with Halliwell Property Agents Pty Ltd.

Building Type
House
Floor Size
148m2
Land Size
822m2

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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 7,681 properties. Over the last 5 years, Houses in Devonport have seen a 74.53% increase in median value, while Units have seen a 66.94% increase. As at 30 November 2024:

  • The median value for Houses in Devonport is $460,919 while the median value for Units is $388,396.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 49 properties listed for sale, and 8 properties listed for rent in Devonport on OnTheHouse. According to CoreLogic's data, 291 properties were sold in the past 12 months in Devonport.

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