42 Rooke Street, Devonport, TAS 7310 | Property Value & History | OnTheHouse
OFF MARKET

42 Rooke Street
Devonport TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1050m2
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Property Details for 42 Rooke St, Devonport

Building Type
Commercial
Land Size
1050m2
Local Government
Devonport
Lot/Plan
3/225929

Last Listing description (February 2026)

Heres your chance to own a well-established and profitable fully licensed caf in one of Devonports busiest locations!

Situated within the bustling Hub Arcade, Libbys Caf 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 caf 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 caf 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 caf 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.

Dont miss out on the opportunity to take this thriving business to the next level!

Enquire today for a confidential discussion, information will be supplied to qualified buyers only. Do not hesitate to contact Praveen Pant on 0432 256 682 or contact Paul Scott on 0477 771 098 email: pauls@tasbps.com.au

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

NOTE: All figures are approximate.

Property Code: 2011

Property History for 42 Rooke St, Devonport, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$530,000
21 Apr 1986
Listed for Rent
$14k/w
14 Jun 2023
  • 08 Jan 2026
    Listed for Sale OFFERS OVER $75,000+SAV
  • 28 Jan 2025
    Listed for Sale OFFERS OVER $82,000+SAV
  • 14 Jun 2023
    Listed for Rent $13,500 / year
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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 7,669 properties. Over the last 5 years, Houses in Devonport have seen a 63.94% increase in median value, while Units have seen a 54.93% increase. As at 31 March 2026:

  • The median value for Houses in Devonport is $570,701 while the median value for Units is $434,860.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 45 properties listed for sale, and 14 properties listed for rent in Devonport on OnTheHouse. According to Cotality's data, 385 properties were sold in the past 12 months in Devonport.

Suburb Insights for Devonport 7310

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Cotality Copyright and Legal Disclaimers about Property Data
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.