117 William StreetDevonport TAS 7310
Property Details for 117 William St, Devonport
117 William St, Devonport is a 16 bedroom, 9 bathroom House with 6 parking spaces and was built in 1970. The property has a land size of 2001m2 and floor size of 697m2. While the property is not currently for sale or for rent, it was last sold in November 2013.
Last Listing description (May 2020)
8 Separate Units
6.9% Gross Income Fully Tenanted
6 X 2 Bedroom 1 Bathroom Units with carports
1 X 2 Bedroom 1 Bathroom Unit with car spaces
Low Vacancy rates in a strong rental market
Close to CBD Shopping Centres and Food Outlets
Essential Housing Option
3 Fully Renovated Units
Devonport is the Living City with infrastructure continuing beyond the already completed Paranaple Centre, Multi Level Car Park and Providore Place with a new Waterfront Hotel next in line. It is the gateway to Tasmania with The Spirit of Tasmania ferries sailing up the Mersey River twice daily delivering a steady stream of cargo and passengers directly to the City.
This is a unique opportunity to purchase a whole complex of 8 units. Providing a hefty 6.9% gross income the return here is much better than bank interest. These units offer an essential and affordable option in a Devonport rental market that is currently extremely buoyant and on the rise with minimal vacancy rates in the area. Four of the units have enjoyed recent upgrades internally and maintenance completed on roofing and heating.
The property encompasses 6 separate, 2 bedroom units and a house that has two separate tenancies. The house has been extensively renovated with a new kitchen and bathroom in unit 1, and updates currently continuing in Unit 2. Unit 2 has 2 living areas, 4 bedrooms and 2 bathrooms. Two of the rear units have been completely renovated with the others having upgrades including fresh paint, bathrooms and carpets maintained over the past few years. Roofing has also been replaced where required. Vacancy rates are very low.
Property History for 117 William St, Devonport, TAS 7310
- 29 Aug 2019Listed for Sale $1,500,000
- 18 Apr 2015Listed for Sale $1,030,000
- 05 Nov 2013Sold for $8,000
Recent sales nearby
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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 7,663 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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