29-31 Elizabeth Street, Devonport, Tas 7310

$660,000

House
Type
3
Bedrooms
1
Bathrooms
1,915 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 29-31 Elizabeth Street, Devonport, Tas 7310)

$660,000

Vanessa Goodwin Principal/Licensed Real Estate Agent
Jamie Goodwin Director/Property Portfolio Manager
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property on a substantial land parcel in Devonport offering development potential, a comfortable weatherboard home, and extensive storage options.

🏡 Property Highlights

  • Generous 1,915m² fully fenced allotment with development potential
  • Strategic Light Industrial zoning suitable for redevelopment or subdivision (STCA)
  • Classic weatherboard home featuring three bedrooms and one bathroom
  • Ample storage and workspace with a large workshop and four additional sheds
  • Connected utilities and fully fenced land for practicality and security
  • Flexible opportunity for investors, developers, and owner-occupiers

✨ Key Features

  • Waterfront / Views
  • Garage / Secure Parking
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Home Office / Study
  • Shed
  • Built-in Robes
  • Ensuite
  • Air Conditioning
  • Heating (Ducted/Split)

Devonport is a vibrant coastal town renowned for its rich maritime history, scenic waterfront, and strong community spirit. It offers excellent connectivity, a range of local amenities, and a growing demand for development opportunities. The area combines a relaxed lifestyle with strategic accessibility, making it ideal for investors and families alike. With its proximity to natural attractions and ongoing infrastructure improvements, Devonport presents a promising environment for long-term growth.

What are the development possibilities for this property under the Light Industrial zoning?
The Light Industrial zoning allows for redevelopment, subdivision (STCA), and various business uses, providing flexibility for future projects.
Is the property suitable for rental income while planning future development?
Yes, the existing weatherboard home can be renovated and leased to generate income during your planning and development phases.
What utilities are connected to the property?
The property benefits from connected utility services, including water, electricity, and possibly sewerage, ensuring immediate usability.
Are there any restrictions or approvals required for subdivision or redevelopment?
Yes, subdivision and redevelopment are subject to council approval and planning permits (STCA).
What is the condition of the existing dwelling and sheds?
The weatherboard home is in original condition with scope for refurbishment, and the sheds are functional, offering ample storage and workspace.
Are there any existing planning or zoning restrictions that could limit redevelopment or subdivision? What are the potential costs associated with connecting or upgrading utilities? Are there any easements, covenants, or restrictions on the land that could affect development plans? Has a recent pest and building inspection been conducted on the existing dwelling? Are there any nearby construction or development projects that could impact the property’s value or environment? What are the long-term plans for infrastructure or road upgrades in the area? Is there any history of flooding or bushfire risk associated with the property or land? Are there any strata or body corporate considerations if parts of the property are subdivided? What are the current council rates and any additional costs for development approval? Are there any environmental or heritage considerations affecting the property?

29-31 Elizabeth Street, Devonport, Tas 7310 - More Details

$660,000

Positioned in a highly accessible pocket of Devonport, 29-31 Elizabeth Street presents a rare and flexible opportunity for investors, developers, and owner-occupiers alike. Set on a substantial 1,915m² parcel of land and zoned "Light Industrial", this property offers immediate usability with exciting future potential.

The existing dwelling is a classic weatherboard home featuring three bedrooms and one bathroom, complemented by timber windows and an iron roof that reflect its original character. Inside, the home is kept comfortable with wood heating, and with a touch of refurbishment, it could be readily brought up to a rentable standard providing an income stream while you plan your next move.

Externally, the property truly comes into its own. With ample parking, a large workshop, and four additional sheds, there is no shortage of storage or workspace options ideal for trades, small business operators, or those seeking extra room for equipment and projects. The land is fully fenced and benefits from connected utility services, making it both practical and functional from day one.

The Light Industrial zoning opens the door to a wide range of possibilities (STCA), including redevelopment, business use, or potential subdivision. With its generous land size and strategic positioning, this is a property that can adapt to your vision whether that's holding as an investment, operating from home, or unlocking its development potential.

Key Features:

- 1,915m² (approx.) fully fenced allotment
- Light Industrial zoning with development/subdivision potential (STCA)
- Weatherboard home with 3 bedrooms, 1 bathroom
- Timber windows and iron roof
- Wood heating
- Large workshop plus four additional sheds
- Ample onsite parking
- Connected utilities
- Scope to renovate and lease the dwelling

Opportunities of this scale and flexibility are becoming increasingly rare. Whether you're looking to invest, develop, or secure a property with long-term upside, 29-31 Elizabeth Street is well worth your consideration.
Type
House
Bedrooms
3
Bathrooms
1
Area
1,915 m²
House Size
152 m²

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