71-75 Rooke StreetDevonport TAS 7310
Property Details for 71-75 Rooke St, Devonport
Last Listing description (January 2019)
Investments like this in Devonport are hard to come by. Strong national long-term tenant, solid lease and prime CBD location in the heart of the Rooke St Mall. The tenant Suzanne Grae has been an occupant of this site for many years and continues to have a vibrant and strong retail presence in Devonport. Having just signed a new 3 year lease strengthens their commitment to the site and makes this investment quite attractive
The property is surrounded by many busy national and local retailers, banks and service providers which make up the busiest business hub in Devonport. The location is ideally situated in the centre of the Mall and is ideally poised to take advantage of the Devonport City Councils current 'Living City' project which aims to draw more retail business to the CBD. This property represents a great opportunity for first time commercial investors or for seasoned investors looking to add to their portfolio. The tenant could be classified as 'A-grade' as rents and outgoings are always paid on time and presentation of the site is always kept immaculate
7% Yield
National brand
Solid lease
Fantastic CBD location
Poised to take advantage of the 'Living City' project
Easily re-lettable
Property History for 71-75 Rooke St, Devonport, TAS 7310
- 22 Jun 2017Listed for Sale $499,000
- 11 Aug 2006Sold for $1,360,000
Recent sales nearby
See more recent sales nearby
/assets/perm/jgs7vltz2ii6zivbiolizf2m6q?signature=975e26a8d97a1eeb61eb5ee7a31159b037b772f07e699fc9561a83e5acd90061){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 7,663 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.
Suburb Insights for Devonport 7310
Market Insights
Devonport Trends for Houses
N/A
N/A
View TrendN/A
N/A
Devonport Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
