98 Best StreetDevonport TAS 7310
Property Details for 98 Best St, Devonport
Last Listing description (October 2020)
Knight Frank is pleased to offer for sale by Expressions of Interest this exceptional property located on a premier corner at 98 Best Street, Devonport
This is a superb opportunity to purchase an office building which was extensively renovated in 2019, and has a long term lease in place.
The property is fully leased to national engineering and consulting practice 'Pitt & Sherry' on a 10 year lease, expiring 30 November 2029 with two further options of five years. Annual rental increases are adjusted to the greater of 3.00% or CPI.
The building provides a modern level of office amenity and services within a very popular and well frequented central location. Properties in the immediate vicinity include major retailers, Coles/K-Mart and Woolworths. Other businesses include offices, retail, allied health and car dealerships.
For Sale by Expressions of Interest Closing 15 October 2020. For further information or to inspect please contact Nicholas Bond or Rob Dixon of Knight Frank.
Property History for 98 Best St, Devonport, TAS 7310
- 20 Oct 2020Sold for $1,150,000
- 09 Sep 2020Listed for Sale EOI Closing 15 October 2020
- 14 Oct 2015Sold for $415,000
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0About 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 65.47% increase in median value, while Units have seen a 55.14% increase. As at 28 February 2026:
- The median value for Houses in Devonport is $560,235 while the median value for Units is $419,351.
- Houses have a median rent of $480 while Units have a median rent of $400.
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