3/79 Nixon StreetDevonport TAS 7310
Property Details for 3/79 Nixon St, Devonport
3/79 Nixon St, Devonport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 229m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
Last Listing description (February 2026)
Opportunities like this do not come along often, three fully leased units on separate titles, sitting on a combined 645m2 allotment in a proven Devonport location.
1, 2 & 3/79 Nixon Street delivers immediate income with long-term flexibility, the combination serious investors look for.
Each unit is currently leased at $456 per week on secure two year agreements, generating a combined $1,368 per week or $71,220 per annum gross. The income is established and in place from day one.
All three dwellings are on separate titles, giving you control over your future decisions. Sell one and retain two. Refinance individually. Restructure your portfolio over time. You are not locked into a single exit strategy.
The site spans approximately 645m2 in total, adding a solid land holding component that strengthens long-term positioning.
The units themselves are neat, light filled and practical. Modernised kitchens and bathrooms provide comfortable living, while functional floorplans, private courtyards and car accommodation support strong tenant retention. Low maintenance construction keeps ongoing upkeep manageable.
Nixon Street sits within easy reach of local primary and secondary schools, sporting facilities and everyday shopping. The Devonport CBD is only minutes away, giving tenants quick access to supermarkets, medical services, cafs and the waterfront precinct. This is an established residential pocket where rental demand has remained steady, supported by proximity to employment hubs and essential services.
For investors, that consistency in location is just as important as the numbers.
If you are looking to strengthen your portfolio with a proven, income producing asset that offers flexibility as well as scale, this deserves serious consideration.
For more information or to book a private inspection please call the listing agent Kurt Knowles today!
Disclaimer:
While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 3/79 Nixon St, Devonport, TAS 7310
- 19 Feb 2026Listed for Sale $400,000-$425,000 each
- 08 Aug 2017Sold for $182,000
- 04 Aug 2017Listed for Sale Not Disclosed
Recent sales nearby
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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 7,664 properties. Over the last 5 years, Houses in Devonport have seen a 70.83% increase in median value, while Units have seen a 52.37% increase. As at 31 January 2026:
- The median value for Houses in Devonport is $554,435 while the median value for Units is $416,843.
- Houses have a median rent of $480 while Units have a median rent of $400.
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