1 Bell Street, Derby, TAS 7264 | House for sale | OnTheHouse
 
FOR SALE
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1 Bell Street
Derby TAS 7264

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
Land area: 3451m2
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Two Homes. One Incredible Opportunity.

Offering remarkable versatility and income potential, 1 Bell Street presents a rare opportunity to secure two fully furnished, three bedroom homes on one expansive block in the heart of Derby.
Both residences are complete, comfortably appointed and currently set up for short stay accommodation, allowing the new owner to step straight in and begin generating income. The original character home dates back to circa 1940, while the second dwelling was constructed in 2020, providing an appealing combination of heritage charm and modern convenience.
With six bedrooms across two separate homes, this property offers exciting possibilities for investors, group accommodation or those wanting to live in one residence while earning an income from the other.
The generous block features wide frontage to Derby's main street, together with plenty of external shedding and storage. Its impressive size may also offer scope to create additional accommodation or further develop the property, subject to the necessary approvals.
Located in one of Tasmania's most recognised tourism destinations, this is a ready-made opportunity with the infrastructure, furnishings and accommodation already in place.
Property highlights include:
• Two complete three bedroom residences
• Both homes offered fully furnished
• Currently set up for short stay accommodation
• Original dwelling built circa 1940
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Property Details for 1 Bell St, Derby

1 Bell St, Derby is a 6 bedroom, 3 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 3451m2. The place is currently for sale with Harcourts North East.

Building Type
House
Year Built
1940
Land Size
3451m2
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About Derby 7264

The size of Derby is approximately 78.2 square kilometres. There are 5 parks, covering nearly 101.6% of the total area. The population of Derby in 2016 was 173 people. By 2021 the population was 109 showing a population decline of 37.0% in the area during that time. The predominant age group in Derby is 60-69 years. Households in Derby are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Derby work in a labourer occupation.In 2021, 78.00% of the homes in Derby were owner-occupied compared with 74.70% in 2016.

Derby has 255 properties. Over the last 5 years, Houses in Derby have seen a 49.28% increase in median value. As at 31 July 2026:

  • The median value for Houses in Derby is $429,699 while the median value for Units is $508,381.
There are currently 6 properties listed for sale, and 1 property listed for rent in Derby on OnTheHouse. According to Cotality's data, 9 properties were sold in the past 12 months in Derby.

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Andrew Bennett
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Erica Davis
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Harcourts North East
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