38 Steele StreetDevonport TAS 7310
Property Details for 38 Steele St, Devonport
Last Listing description (September 2025)
Halliwell Property Agents is pleased to present shops 1 & 2 38 Steele St, Devonport.
This site has been home to the well-known Laneway Caf for many years and is also home to the General Store specialising in homewares and premium local produce.
Shop 1 is into the first year of a five-year lease whilst shop 2 will be commencing a five-year lease on the 1st of July. The property is over 100 years old and was once a bakery which gives plenty of character rand old-world charm.
Both shops paying a total nett rent of $77,000 excluding outgoings. This expresses a yield of approx. 7.8% based on the asking price.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Property measurements, including square footage, room dimensions, and land size, are approximate and may vary.
Buyers are encouraged to conduct their own inspections and due diligence to confirm the accuracy of all details.
Property History for 38 Steele St, Devonport, TAS 7310
- 16 Jun 2025Listed for Sale $990,000
- 17 Jun 2013Listed for Sale $40,000
- 07 Dec 2011Listed for Rent - Price not available
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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 7,663 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.
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