13 Fenton Street, Devonport, TAS 7310 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,275,000

13 Fenton Street
Devonport TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 432m2
Land area: 615m2
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Excellent Investment Opportunity Devonport CBD

Halliwell Property Agents is pleased to present this unique investment opportunity to the market. 13 Fenton St, located in the heart of the Devonport CBD enjoys a strong position close to the Rooke St Mall and neighbouring both a Toyota dealership and the prominent Gateway Hotel.
This premises has been occupied by the same tenant for well over a decade and currently enjoys a favourable lease and strong relationship with that tenant. Modern and spacious, the premises comprises of approximately 432 m2 and is in excellent condition.
Many commercial premises in Devonport do not come with the luxury of parking, 13 Fenton St however has ample off-street parking at the rear for clients and staff. The tenancy is currently in a 5-year lease expiring mid-2027 with another 5-year option beyond that.
This is a very stable opportunity with an excellent tenant in place, perfect to add to a portfolio or purchase as part of a super-fund.
A copy of the lease and other particulars can be made available upon request.
Nett annual rent: $74,500 plus GST + Outgoings

Property Details for 13 Fenton St, Devonport

Building Type
Commercial
Floor Size
432m2
Land Size
615m2
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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 7,667 properties. Over the last 5 years, Houses in Devonport have seen a 70.19% increase in median value, while Units have seen a 44.42% increase. As at 30 November 2025:

  • The median value for Houses in Devonport is $518,083 while the median value for Units is $378,379.
  • Houses have a median rent of $470 while Units have a median rent of $378.
There are currently 49 properties listed for sale, and 13 properties listed for rent in Devonport on OnTheHouse. According to Cotality's data, 344 properties were sold in the past 12 months in Devonport.

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Alan Halliwell
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