42 Rooke StreetDevonport TAS 7310
Property Details for 42 Rooke St, Devonport
Last Listing description (February 2026)
Heres your chance to own a well-established and profitable fully licensed caf in one of Devonports busiest locations!
Situated within the bustling Hub Arcade, Libbys Caf has been serving satisfied customers for a very long time and current owners since 2012, and now the current owner is ready to move on and explore new ventures and divest.
With thousands of daily visitors passing through the Arcade, this prime spot guarantees a steady flow of customers, making it a fantastic opportunity for any prospective owner. The caf boasts a fully licensed premises with seating for approximately 36 people indoors and 18 outdoor seats.
Why is this a great opportunity?
Strong Customer Base: Loyal repeat customers keep the caf thriving.
Untapped Marketing Potential: With minimal investment in marketing so far, there is significant room for growth by implementing strategic promotions.
Consistent Profits: This business already offers reliable income, perfect for someone seeking a profitable venture.
Flexible Operating Hours: The current owner enjoys shorter working hours, leaving plenty of room for you to expand operations, particularly through the promotion of alcoholic beverages.
This caf is ideally suited for a full-time owner or a couple looking to achieve higher returns on investment or someone looking for a work-life balance with further growth potential through effective marketing and increased hours of operation.
Dont miss out on the opportunity to take this thriving business to the next level!
Enquire today for a confidential discussion, information will be supplied to qualified buyers only. Do not hesitate to contact Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@tasbps.com.au
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
NOTE: All figures are approximate.
Property Code: 2011
Property History for 42 Rooke St, Devonport, TAS 7310
- 08 Jan 2026Listed for Sale OFFERS OVER $75,000+SAV
- 28 Jan 2025Listed for Sale OFFERS OVER $82,000+SAV
- 14 Jun 2023Listed for Rent $13,500 / year
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0About 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 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.
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