47-49 Don Road, Devonport, TAS 7310 | Property Value & History | OnTheHouse
 
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47-49 Don Road
Devonport TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1033m2
Land area: 1687m2
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Property Details for 47-49 Don Rd, Devonport

Building Type
Commercial
Year Built
1979
Floor Size
1033m2
Land Size
1687m2
Local Government
Devonport
Lot/Plan
1/148543

Last Listing description (May 2019)

Knight Frank are pleased to offer for sale a high profile and well-positioned showroom facility located at 47-49 Don Road, Devonport. The property is fully leased to RSEA Pty Ltd. RSEA is the largest independent safety business in Australia and has in excess of 40 retail stores around Australia, including 4 in Tasmania.
The property is located on the Southern side of Don Road and holds a high profile position, Don Road forms an east-west thoroughfare accessing the core trade, commercial and light industrial area of Devonport, with unencumbered access to Bass Highway.
The Property is offered for sale subject to a lease to RSEA Safety Pty Ltd, which commenced on 1 May 2017 for a period of six (6) years, plus a further option period of six (6) years. The current rental (from 1 May 2018) is $86,700, net of GST and statutory outgoings. In addition to this rental, the tenant pays $991.66 per month ($59,500) in sixty equal monthly instalments across the first term of the lease.

47-49 Don Road, Devonport is offered for sale by Expressions of Interest closing Thursday, 28 February 2019 at 3:00 pm AEST).

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Property History for 47-49 Don Rd, Devonport, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$1,685,000
02 Oct 2023
Listed for Rent
06 Jun 2017
  • 02 Oct 2023
    Sold for $1,685,000
  • 04 Mar 2019
    Sold for $1,158,000
  • 31 Jan 2019
    Listed for Sale EXPRESSIONS OF INTEREST
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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 7,662 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.
There are currently 35 properties listed for sale, and 14 properties listed for rent in Devonport on OnTheHouse. According to Cotality's data, 353 properties were sold in the past 12 months in Devonport.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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