42 Rooke Street, Devonport, TAS 7310 | Commercial for sale | OnTheHouse
FOR SALE
OFFERS OVER $75,000+SAV

42 Rooke Street
Devonport TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Long Established Fully Licensed Libby's Cafe In Hub Arcade T/O $7,300+ per week

Here’s your chance to own a well-established and profitable fully licensed café in one of Devonport’s busiest locations!
Situated within the bustling Hub Arcade, Libby’s Café 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 café 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 café 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 café 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.
Don’t miss out on the opportunity to take this thriving business to the next level!
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Property Details for 42 Rooke St, Devonport

Building Type
Commercial
Floor Size
1m2
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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 72.10% increase in median value, while Units have seen a 39.97% increase. As at 31 October 2025:

  • The median value for Houses in Devonport is $510,694 while the median value for Units is $373,064.
  • Houses have a median rent of $470 while Units have a median rent of $370.
There are currently 49 properties listed for sale, and 13 properties listed for rent in Devonport on OnTheHouse. According to Cotality's data, 346 properties were sold in the past 12 months in Devonport.

Suburb Insights for Devonport 7310

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Paul Scott
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Praveen Pant
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.