OFF MARKET

48-49 Formby Road
Devonport TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 560m2
Land area: 1217m2
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Property Details for 48-49 Formby Rd, Devonport

Building Type
Commercial
Floor Size
560m2
Land Size
1217m2
Local Government
Devonport
Lot/Plan
1/134152

Last Listing description (June 2010)

For Sale by Expression of Interest
Strategically located landmark building, with views overlooking the Mersey River.
The F.F is to be subject to a Leaseback arrangement to Tasports, at approx. $50,000 p.a + GST + outgoings.

Numerous possibilities for the balance with good on???site car parking.
For formal E.O.I documentation please contact Rodney Rawlings of Esk Property Group on 0419 323 626

Property History for 48-49 Formby Rd, Devonport, TAS 7310

A timeline of how this property has performed in the market
Listed for Rent
$671/w
16 Jul 2013
  • 16 Jul 2013
    Listed for Rent - Price not available
  • 09 Mar 2013
    Listed for Rent - Price not available
  • 18 Apr 2010
    Listed for Sale Not Disclosed

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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 7,653 properties. Over the last 5 years, Houses in Devonport have seen a 74.99% increase in median value, while Units have seen a 75.79% increase. As at 31 October 2024:

  • The median value for Houses in Devonport is $456,343 while the median value for Units is $401,116.
  • Houses have a median rent of $420 while Units have a median rent of $355.
There are currently 51 properties listed for sale, and 7 properties listed for rent in Devonport on OnTheHouse. According to CoreLogic's data, 293 properties were sold in the past 12 months in Devonport.

Suburb Insights for Devonport 7310

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Disclaimer
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.