29-31 Elizabeth Street, Devonport, TAS 7310 | House for sale | OnTheHouse
 
FOR SALE
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29-31 Elizabeth Street
Devonport TAS 7310

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 152m2
Land area: 1915m2
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Versatile Opportunity on 1,915m² - Live, Lease or Develop (STCA)

Positioned in a highly accessible pocket of Devonport, 29-31 Elizabeth Street presents a rare and flexible opportunity for investors, developers, and owner-occupiers alike. Set on a substantial 1,915m² parcel of land and zoned "Light Industrial", this property offers immediate usability with exciting future potential.
The existing dwelling is a classic weatherboard home featuring three bedrooms and one bathroom, complemented by timber windows and an iron roof that reflect its original character. Inside, the home is kept comfortable with wood heating, and with a touch of refurbishment, it could be readily brought up to a rentable standard providing an income stream while you plan your next move.
Externally, the property truly comes into its own. With ample parking, a large workshop, and four additional sheds, there is no shortage of storage or workspace options ideal for trades, small business operators, or those seeking extra room for equipment and projects. The land is fully fenced and benefits from connected utility services, making it both practical and functional from day one.
The Light Industrial zoning opens the door to a wide range of possibilities (STCA), including redevelopment, business use, or potential subdivision. With its generous land size and strategic positioning, this is a property that can adapt to your vision whether that's holding as an investment, operating from home, or unlocking its development potential.
Key Features:
- 1,915m² (approx.) fully fenced allotment
- Light Industrial zoning with development/subdivision potential (STCA)
- Weatherboard home with 3 bedrooms, 1 bathroom
- Timber windows and iron roof
- Wood heating
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Property Details for 29-31 Elizabeth St, Devonport

29-31 Elizabeth St, Devonport is a 3 bedroom, 1 bathroom House. The property has a land size of 1915m2 and floor size of 152m2. The place is currently for sale with MCGRATH DEVONPORT.

Building Type
House
Floor Size
152m2
Land Size
1915m2
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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 7,673 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 46 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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Vanessa Goodwin
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Jamie Goodwin
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MCGRATH DEVONPORT
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