Opportunities like this do not come along often, three fully leased units on separate titles, positioned on a combined 645m² allotment in a proven Devonport location.
With two units now under offer, this offering already reflects strong market demand, leaving one remaining opportunity for investors to secure an income-producing asset with future flexibility.
The unit is currently leased at $456 per week on a secure two-year agreement, delivering immediate income from day one.
All three dwellings sit on separate titles, giving you control over your future decisions. Whether you choose to retain, sell, refinance or restructure over time, you are not locked into a single exit strategy.
The site spans approximately 645m² in total, adding a solid land holding component that supports long-term positioning.
The unit itself is neat, light filled and practical. A modernised kitchen and bathroom provide comfortable living, while a functional floorplan, private courtyard and car accommodation support strong tenant retention. Low maintenance construction keeps ongoing upkeep manageable.
Nixon Street sits within easy reach of local primary and secondary schools, sporting facilities and everyday shopping. The Devonport CBD is only minutes away, giving tenants quick access to supermarkets, medical services, cafés and the waterfront precinct. This is an established residential pocket where rental demand has remained steady, supported by proximity to employment hubs and essential services.
For investors, that consistency in location is just as important as the numbers.
If you are looking to strengthen your portfolio with a proven, income producing asset that still offers flexibility, this remaining opportunity deserves serious consideration.
For more information or to book a private inspection, please contact the listing agent Kurt Knowles today.
Disclaimer:
While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
