1/79 Nixon Street, Devonport, TAS 7310 | Unit for sale | OnTheHouse
 
FOR SALE
Offers Over $385,000

1/79 Nixon Street
Devonport TAS 7310

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 159m2
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Investment Opportunity

Opportunities like this do not come along often, three fully leased units on separate titles, positioned on a combined 645m² allotment in a proven Devonport location.
With two units now under offer, this offering already reflects strong market demand, leaving one remaining opportunity for investors to secure an income-producing asset with future flexibility.
The unit is currently leased at $456 per week on a secure two-year agreement, delivering immediate income from day one.
All three dwellings sit on separate titles, giving you control over your future decisions. Whether you choose to retain, sell, refinance or restructure over time, you are not locked into a single exit strategy.
The site spans approximately 645m² in total, adding a solid land holding component that supports long-term positioning.
The unit itself is neat, light filled and practical. A modernised kitchen and bathroom provide comfortable living, while a functional floorplan, private courtyard and car accommodation support strong tenant retention. Low maintenance construction keeps ongoing upkeep manageable.
Nixon Street sits within easy reach of local primary and secondary schools, sporting facilities and everyday shopping. The Devonport CBD is only minutes away, giving tenants quick access to supermarkets, medical services, cafés and the waterfront precinct. This is an established residential pocket where rental demand has remained steady, supported by proximity to employment hubs and essential services.
For investors, that consistency in location is just as important as the numbers.
If you are looking to strengthen your portfolio with a proven, income producing asset that still offers flexibility, this remaining opportunity deserves serious consideration.
For more information or to book a private inspection, please contact the listing agent Kurt Knowles today.
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Property Details for 1/79 Nixon St, Devonport

1/79 Nixon St, Devonport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 159m2 and floor size of 63m2. The place is currently for sale with Harcourts Ulverstone & Penguin.

Building Type
Unit
Year Built
1979
Floor Size
63m2
Land Size
159m2
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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 2016 was 13759 people. By 2021 the population was 14481 showing a population growth of 5.2% 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 community and personal service occupation.In 2021, 61.00% of the homes in Devonport were owner-occupied compared with 59.40% in 2016.

Devonport has 7,671 properties. Over the last 5 years, Houses in Devonport have seen a 63.94% increase in median value, while Units have seen a 54.93% increase. As at 31 March 2026:

  • The median value for Houses in Devonport is $570,701 while the median value for Units is $434,860.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 44 properties listed for sale, and 15 properties listed for rent in Devonport on OnTheHouse. According to Cotality's data, 382 properties were sold in the past 12 months in Devonport.

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Kurt Knowles
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Harcourts Ulverstone & Penguin
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