5 Charles Street, Devonport, Tas 7310

Under Contract

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
1,336 m²
Area

Last updated on Monday, June 22, 2026 ( See property details for 5 Charles Street, Devonport, Tas 7310)

Under Contract

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 3-bedroom home on a substantial land parcel with development potential, located close to Devonport's town centre and currently generating rental income.

🏡 Property Highlights

  • Large 1,336m² flat, usable land parcel with development potential (STCA).
  • Prime location just 4 minutes' drive to Devonport CBD.
  • Existing 3-bedroom, 1-bathroom home with modern updates including kitchen and bathroom (2020).
  • Currently leased until October 2026, providing immediate income stream.
  • Potential for subdivision, redevelopment, or renovation to add value.
  • Includes a single garage, additional storage, and a separate shed for versatile use.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Home Office / Study
  • Shed
  • External Laundry
  • Security Screens / Gates
  • Fly Screens

Devonport offers a vibrant coastal lifestyle with close proximity to beaches, parks, and local amenities. The suburb boasts excellent connectivity to Tasmania’s main transport routes, making it ideal for both investors and families. Its strong community spirit and ongoing development projects enhance its appeal. With a mix of historic charm and modern growth, Devonport is a sought-after location for property investment. The area provides easy access to schools, shopping, and recreational facilities, ensuring a convenient and enjoyable lifestyle.

What are the future development possibilities for this property?
The property has potential for subdivision or redevelopment (STCA), offering opportunities for investors or developers to maximise its value.
Is the current lease on the property long-term?
Yes, the property is leased until October 2026, providing a stable income stream for the current owner.
What updates have been made to the home recently?
The kitchen and bathroom were updated in 2020, with new benchtops, appliances, and modern fixtures, along with updated floor coverings and carpet in recent years.
Are there any external works needed?
Yes, external and modernisation works are recommended to enhance the property's appeal and value, reflecting its potential for renovation.
What are the zoning and planning restrictions?
Potential buyers should verify with local council regarding zoning, planning approvals, and subdivision requirements (STCA) to ensure compliance.
Are there any hidden costs associated with subdivision or redevelopment approvals? Has the property been affected by any flooding or bushfire risks? Are there any easements, covenants, or zoning restrictions that could impact development plans? Is there any ongoing or upcoming construction or planning activity nearby that could affect the property? Are there any strata or body corporate considerations, if applicable?

5 Charles Street, Devonport, Tas 7310 - More Details

Under Contract

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
1,336 m²

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