{"Slug":"house-168-steele-street-devonport-tas-7310-4","CanonicalUrl":"https://realsearch.com.au/house-168-steele-street-devonport-tas-7310-4","Address":"168 Steele Street, Devonport, Tas 7310","Suburb":"Devonport","State":"TAS","Postcode":"7310","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"168 Steele Street presents an exceptional opportunity for both investors and families, offering multiple income streams, flexible living arrangements, and a central Devonport location.For investors, the property is configured to maximise returns with three distinct rental options. A self-contained studio with private entry, open plan living, one bedroom, one bathroom, and off-street parking is currently leased at $280 per week, with a confirmed increase to $350 per week from 14/7/26. The 11m x 6m external shed also has a lease in place and is achieving $99 per week.The main residence is tenanted with an agreement in place until November this year and is achieving $525 per week. Designed for comfortable living, it features three bedrooms, a study, a modern kitchen, an updated bathroom, and sun-drenched living spaces that embrace the north-facing aspect and capture beautiful water views. Combined, the property offers the potential to generate a return of over 6.3%, representing a strong yield and secure income-producing asset. Beyond its investment credentials, the property also caters beautifully to lifestyle buyers. Families with older children or those seeking multi-generational living will appreciate the independence of the separate studio and flat, while still enjoying the connection of a shared home. The internal staircase links to a versatile lower-level rumpus or home office, alongside the main laundry and single garage, adding further flexibility.Practical features such as an 11 x 6 metre shed with an extra-height roller door, a secure yard, and extensive off-street parking further enhance the property's appeal. This substantial brick home offers immediate rental income, long-term growth prospects, and a layout that suits both investors and families looking for adaptable living.With multiple income streams, modern updates, and a prime location, 168 Steele Street is the ideal choice for investors or families seeking flexibility and long-term growth.**McGrath Devonport believes the information contained is accurate; however, interested parties should rely upon their own enquiries. Plans are indicative only.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Best Offers Over $799,000"},"Bedrooms":"4","Bathrooms":"2","Parking":"2","Features":[{"Name":"Bedrooms","Value":"4"},{"Name":"Bathrooms","Value":"2"},{"Name":"Carports","Value":"2"},{"Name":"Area","Value":"961 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-41.17859166,"Longitude":146.34137637,"Agent":{"Name":"Annouka Barr","CanonicalUrl":"https://realsearch.com.au/agent/annouka-barr-2"},"Agency":{"Name":"McGrath Devonport","CanonicalUrl":"https://realsearch.com.au/agency/mcgrath-devonport"},"CreatedAt":"2026-06-17T14:23:17.2445689","UpdatedAt":"2026-06-17T14:23:17.4097409"}