SOLD
Sold on 16 Apr 2024 for $600,000

34 William Street
Devonport TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 167m2
Land area: 1827m2
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Alan Halliwell
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Colin Rowlands
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Property Details for 34 William St, Devonport

Building Type
Commercial
Year Built
1971
Floor Size
167m2
Land Size
1827m2
Local Government
Devonport
Lot/Plan
4/21731

Last Listing description (May 2024)

This large commercial site comprising of approx. 1,827m2 of land is now being offered for sale or lease. The site is set up as a service station and has operated as one in the past with good exposure to busy William Street and easy vehicle access.

The building has recently been renovated inclusive of painting inside and out, new flooring, shop fit-out and improvement of kitchenette area. There have also been two new roller doors fitted to the garage spaces. New security doors have also been installed at the property.

The two garage spaces are separated by an internal wall and offer scope for storage or under-cover mechanical work. The shop area is set up ready for a service station retail outlet. Male and Female toilets are also on-site.

The forecourt comprises of a parking area and an undercover double bay fueling station. Bowsers are not included and would need to be installed but fuel tanks exist underground. The rear of the property has a large turning circle area which gives scope for large truck deliveries and extra parking.

The site would be ideal for any large fuel business to take over either on a lease or as an owner occupier. In addition there is a laundromat tenancy in an adjacent building on the title which derives approx. $16,000 p.a. Whilst there is no lease in place for this tenancy the tenant has been occupying the building for over ten years. This represents a small income opportunity for an owner occupier.

This is a fantastic opportunity for a fuel retailer to enter the market in a busy and high exposure site.

Listing price is significantly reduced to $1,200,000 plus GST if applicable (sold vacant).

The site can alternatively be leased at a rate of $80,000 p.a plus GST and Outgoings.

Contact the listing Agent, Alan Halliwell, with all enquiries or to schedule an inspection.

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Property History for 34 William St, Devonport, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$600,000
16 Apr 2024
Listed for Rent
$249/w
24 Jan 2015
  • 16 Apr 2024
    Sold for $600,000
  • 19 Dec 2023
    Listed for Rent $80,000 / year
  • 12 Sep 2023
    Listed for Rent $80,000 / year
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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 7,675 properties. Over the last 5 years, Houses in Devonport have seen a 81.86% increase in median value, while Units have seen a 63.19% increase. As at 31 August 2024:

  • The median value for Houses in Devonport is $467,427 while the median value for Units is $370,421.
  • Houses have a median rent of $420 while Units have a median rent of $350.
There are currently 36 properties listed for sale, and 9 properties listed for rent in Devonport on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Devonport.

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Alan Halliwell
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Colin Rowlands
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