14 Broadhurst Avenue, Devonport, TAS 7310 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Offers over $1,650,000

14 Broadhurst Avenue
Devonport TAS 7310

Bedrooms: 8
Bathrooms: 5
Car spaces: 8
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Five Income Streams. One Exceptional Investment.

Positioned in one of Devonport's most convenient and well-connected locations, 14 Broadhurst Avenue presents a rare opportunity to secure a fully leased multi-unit investment offering immediate income, strong returns and long-term security.
Comprising five self-contained apartments, the complex is currently fully occupied and delivers a gross yield of over 6%, making it an attractive proposition for investors seeking both cash flow and future growth potential.
The property consists of one spacious three-bedroom apartment, one two-bedroom apartment, and three versatile one-bedroom-plus-study apartments. The upper-level residences offer flexible floorplans, with the additional room providing the perfect space for a second bedroom, home office or study.
Many areas throughout the complex have been updated to enhance tenant appeal, featuring modern kitchens, renovated bathrooms and bright open-plan living spaces designed to maximise natural light.
Constructed from solid, low-maintenance materials and benefiting from five separate income streams, this investment offers a level of security rarely found in single-tenancy properties. Multiple leases help reduce vacancy risk, provide greater income stability and create resilience through changing market conditions.
Located just moments from Devonport's CBD, shopping precincts, schools, public transport and essential services, the property continues to attract strong tenant demand and has enjoyed an excellent occupancy history.
Investments of this scale, with established tenancies and a gross yield exceeding 6%, are seldom offered in such a tightly held Devonport location. Whether you're looking to expand your portfolio or secure a high-performing asset from the outset, 14 Broadhurst Avenue is an opportunity not to be missed.
*McGrath Devonport believes the information contained is accurate; however, interested parties should rely upon their own enquiries. Plans are indicative only.

Property Details for 14 Broadhurst Ave, Devonport

14 Broadhurst Ave, Devonport is a 8 bedroom, 5 bathroom BlockOfUnits with 8 parking spaces. The place is currently for sale with MCGRATH DEVONPORT.

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About Devonport 7310

The size of Devonport is approximately 10.2 square kilometres. There are 15 parks, covering nearly 13.3% of the 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 7,674 properties. Over the last 5 years, Houses in Devonport have seen a 58.60% increase in median value, while Units have seen a 53.38% increase. As at 31 May 2026:

  • The median value for Houses in Devonport is $588,525 while the median value for Units is $441,338.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 54 properties listed for sale, and 12 properties listed for rent in Devonport on OnTheHouse. According to Cotality's data, 364 properties were sold in the past 12 months in Devonport.

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