Investment Security Meets Future Lifestyle Potential
Address: 1 Park View, Devonport TAS 7310
Price: $475,000
Lease: Currently leased until 30 June 2026
Rental Return: Currently is $344 per week as of 01 July 2026 it becomes $465 per week (with potential for future increase)
Land Size: Approx. 670 m²
Building Size: Approx. 98 m²
Bedrooms: 3 Bathrooms: 1 Off Street Parking: 2 Roof: Tile
Set in one of Devonport's most convenient and family-friendly pockets, 1 Park View represents a rare blend of secure investment and future lifestyle opportunity.
This charming three-bedroom home sits proudly on a spacious 670 m² block and is currently leased until 30 June 2026, providing guaranteed income and peace of mind for investors.
Beyond the lease term, the property opens the door to your next chapter - continue earning solid rental returns, or move in and make it your own coastal home.
• Three spacious bedrooms, each filled with natural light.
• Well-maintained kitchen and living areas designed for easy everyday living.
• Generous 670 m² block with space for a garden, entertaining or future enhancements.
• Solid brick construction (circa 1976) - sturdy, low-maintenance and built to last.
• Off-street parking.
• Fully Fenced Yard - divided into 2 separate yard areas including rear outdoor patio area
• Quiet Street surrounded by quality homes, parks and local amenities.
• Current rent includes an annual government subsidy.
• From 01 July 2026 returns from $465 per week, with strong potential for rental growth
given Devonport's rising demand.
• Secure lease through to mid-2026 ensures guaranteed income from day one.
• Low vacancy rates in Devonport make this a smart, long-term investment.
• Option to move in after the lease ends, turning your investment into a personal residence.
• Located close to Devonport CBD, schools, shops, cafes, and waterfront walking tracks.
• Council Rates 2025-26 - $1,736.00
Perfectly positioned near Devonport's key lifestyle attractions - from Bluff Beach and the Mersey River foreshore to Coles Beach, local parks, and the Spirit of Tasmania terminal.
Residents enjoy a relaxed coastal lifestyle with all conveniences close at hand, including reputable schools, public transport and major retail centers.
Whether you're a seasoned investor seeking a "set and forget" property, or a future homeowner planning ahead for a move-in date, this home ticks every box.
With a strong lease in place, excellent tenant, and flexible post-lease options, 1 Park View is a standout in the current Devonport market.
For further information or to arrange an inspecton please contact us:
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Features
Entertainment Area, Garden Shed, Level Lawn, Storage Area, Close to Parklands, Close to Schools, Close to Shops, Close to Transport, Near Waterfront, Quiet Location, Air Conditioning, Built-ins, Internal Laundry, Courtyard, Workshop, Secure Parking, Fully Fenced
