74 Forbes StreetDevonport TAS 7310
Property Details for 74 Forbes St, Devonport
74 Forbes St, Devonport is a 4 bedroom, 2 bathroom House and was built in 1965. The property has a land size of 1670m2 and floor size of 179m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (December 2021)
Sounds interesting... I agree. This is a brilliant opportunity for someone who would like to develop this fantastic parcel of land that currently has one dwelling comprising of a fully renovated 3 bedroom, 1 bathroom home and a 1 bedroom, 1 bathroom flat. Currently they are tenanted with 11 months left on the 12 month lease at a return of $600 per week or $31,200 per annum.
So, let's talk about the land... With a total land size of 2427m2 there is approx. 600m2 around the house with a separate driveway which leaves approx. 1827m2 to develop, including driveway frontage. (STCA). The land has been cleared and some of the fences have been replaced.
The land faces onto the Reece High School reserve so it has quite a pleasant appeal for building facing onto the reserve. (STCA).
The house comprises of:
- 3 bedrooms the main with a built-in robe
- Brand new bathroom with bath, separate shower and vanity
- Separate toilet
- Stunning new kitchen with an island bench, quality joinery, Milano appliances including a dishwasher
- New reverse cycle air conditioner
- Stunning polished floorboards throughout
- Professionally painted throughout including all the timber window frames
- Fully rewired with a separate meter
- Single car garage and private access
- New window furnishings
The unit comprises of:
- 1 bedroom
- Brand new bathroom with bath, separate shower and vanity
- Separate toilet
- Stunning new kitchen with a breakfast bench, quality joinery, Milano appliances
- New reverse cycle air conditioner
- Stunning polished floorboards throughout
- Professionally painted throughout including all the timber window frames
- Fully rewired with a separate meter
- Single car garage and private access
- New window furnishings
- Rear deck with ramp access
With the land size being so large and plenty of street access there is also a possibility that the house could be subdivided separately and sold, and the land developed into units. (STCA).
The location is excellent for re-development with other unit developments nearby and the CBD being a short walk away. There is also quick access to the main highway and Schools, shops and public transport are close by.
So please phone the listing agent Wendy Squibb for further information and to arrange your private inspection.
Property History for 74 Forbes St, Devonport, TAS 7310
- 19 Aug 2021Listed for Sale Offers over $795,000
- 15 Nov 2019Sold for $190,000
- 16 May 2016Sold for $230,000
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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 7,652 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.
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