Packed with potential and offering multiple future options, 5 Charles Street is a smart acquisition.
Positioned on a substantial 1,336m² parcel of land, this property offers a rare chance to secure a development site (STCA) within close proximity to Devonport's town centre.
The existing home is a 3-bedroom, 1-bathroom property with separate toilet, featuring an updated kitchen and bathroom (installed 2020). The kitchen includes Milano appliances, new benchtops, and a walk-in pantry, while the home is kept comfortable with a heat pump. Two original fireplaces remain in place (currently not in use). Updated floor coverings and carpet in rooms within the last few years.
A large laundry/mudroom, outhouse toilet, and single garage with additional storage, plus a separate shed, provide functional space for tenants or future works.
**The home is currently leased until October 2026, providing immediate holding income while you plan your next move.**
The property does require further work externally and moderni