SOLD
Sold on 23 Nov 2023 for $895,000

8 Edward Street
Devonport TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 213m2
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Property Details for 8 Edward St, Devonport

Building Type
Commercial
Year Built
1952
Floor Size
125m2
Land Size
213m2
Local Government
Devonport
Lot/Plan
1/141701

Last Listing description (June 2023)

In great condition and in an updated modern style, this building of approx. 119sqm is well positioned and easy accessible to those seeking office space in Devonport's busy CBD.

The premises in its current configuration is fitted out for offices, with parking included for 2-4 vehicles in the private carpark to the rear, with additional access to the property from that area.

Located in Edward Street adjacent to the Devonport Mall and Living City precinct, the site is neighboured by retailers, a large public car park, the 'Red Hot Loft' apartments, and the busy Fundamental Espresso Bar.

Features include:

- Air conditioned entry/reception area with large training/boardroom to the front
- Office with opening window to reception
- 5 additional office/consulting rooms, each approximately 3m x 3m, fitted with cabinetry and bench top with basin (easily removable if required)
- Kitchenette with basin, cabinets and pantry
- Modern floor coverings throughout
- Roller door lockable over front door for added security after hours as required, which is discreetly out of street view when raised. Lockable security screen door at rear entrance
- Private parking for 2-4 cars to the immediate rear (entry via Rooke Lane)
- Large public car park neighbouring property, with additional metered parking to the front
- Storage shed to the rear, accessible in private parking area
- Separate walk-in shower room (or suitable for storage), toilet, and laundry area

This property is a great example of a well maintained office in a great CBD position, and is approximately 119sqm in size.

Available 1st July 2023.

Rent is $29,000 p.a plus GST plus Outgoings (approx. $5,255 p.a).

Please contact Colin Rowlands at Halliwell Property Agents for further information or to arrange an inspection.

Property History for 8 Edward St, Devonport, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$895,000
23 Nov 2023
Listed for Rent
$517/w
16 Apr 2019
  • 23 Nov 2023
    Sold for $895,000
  • 04 May 2023
    Listed for Rent $29,043 / year
  • 16 Apr 2019
    Listed for Rent $27,000 / 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 7,652 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.
There are currently 52 properties listed for sale, and 8 properties listed for rent in Devonport on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in Devonport.

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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.