18/18a-B Turton St, Devonport is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 911m2 and floor size of 139m2.
From its elevated vantage in this prestige location, these two co-joined apartments (one title) offer executive style living only one block from the Devonport CBD and waters edge. Its sophisticated heritage style interior offers large bedrooms, flat living, with full embracement of a 900+ square metre block. You can sit and watch the Spirit of Tasmania sail in the mouth of the river, walk to work in the Devonport CBD or visit the array of restaurants and shopping only one block away.
There is off street parking for at least two vehicles and the true value of this property comes from the option to develop the backyard by building and/or subdividing subject to council approval.
This property was previously operated as Heritage Hill accommodation with a rental income of up to $54,000 a year. With long term leases currently in place the rental income is approximately $25,000 per year. The zoning allows for the property to be used as either commercial or residential, so the sky is the limit when it comes to investment opportunity.
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 7,659 properties. Over the last 5 years, Houses in Devonport have seen a 72.41% increase in median value, while Units have seen a 49.57% increase. As at 31 December 2025:
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