23 Hillcrest RoadDevonport TAS 7310
Property Details for 23 Hillcrest Rd, Devonport
Last Listing description (November 2023)
After establishing themselves over 45 years ago and maintaining a thriving, profitable business throughout, the owner of Stewart's Sewing Machine Centre is now looking to retire, and allow another mechanically minded purchaser to take the reigns.
Providing an unrivalled service in the North of Tasmania, the business supplies both domestic and industrial sewing equipment, machinery, parts and accessories to both a statewide and national market, having the benefit of being only one of two of it's type in the industry across Tasmania.
The COVID environment has resulted in further demand and subsequent profitability, with Stewart's operating across the State and providing services to some significant entities, ensuring a consistent yet ever-increasing income for the business.
Stewart's Sewing Machine Centre are proud stockists of household brands such as Janome, Brother, Bernina and others.
The site is available both freehold or leasehold with the business, either option by negotiation. Comprised of warehouse/showroom and amenities, the property is well presented and benefits from being in an easy to find location, with substantial exterior space for parking, deliveries etc.
The business will likely suit those who are mechanically minded, with repairs and servicing of the machines being a large part of the operation, both domestic and in industrial environments. Training will be provided. Equally, the business may suit a similar type looking to expand into Tasmania.
With great turnover via its various income streams, the business is a fantastic opportunity for those in the market, and is priced to sell at a reduced rate of $170,000 for stock and equipment.
For further information relating to the business, financials and the premises, please contact the listing agent, Colin Rowlands, of Halliwell Property Agents.
Property History for 23 Hillcrest Rd, Devonport, TAS 7310
- 22 Jan 2025Sold for $320,000
- 30 Nov 2022Listed for Sale $170,000 wiwo
- 12 Jul 1989Sold for $66,000
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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.
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