74 Forbes Street, Devonport TAS 7310

Sounds interesting... I agree. This is a brilliant opportunity for someone who would like to develop this fantastic parcel of land that currently has one dwelling comprising of a fully renovated 3 bedroom, 1 bathroom home and a 1 bedroom, 1 bathroom flat. Currently they are tenanted with 11 months left on the 12 month lease at a return of $600 per week or $31,200 per annum.
So, let's talk about the land... With a total land size of 2427m2 there is approx. 600m2 around the house with a separate driveway which leaves approx. 1827m2 to develop, including driveway frontage. (STCA). The land has been cleared and some of the fences have been replaced.
The land faces onto the Reece High School reserve so it has quite a pleasant appeal for building facing onto the reserve. (STCA).
Now let's talk about the house... Built in 1965 this home has undergone a complete transformation.
The house comprises of:
- 3 bedrooms the main with a built-in robe
- Brand new bathroom with bath, separate shower and vanity
- Separate toilet
- Stunning new kitchen with an island bench, quality joinery, Milano appliances including a dishwasher
- New reverse cycle air conditioner
- Stunning polished floorboards throughout
- Professionally painted throughout including all the timber window frames
- Fully rewired with a separate meter
- Single car garage and private access
- New window furnishings

The unit comprises of:
- 1 bedroom
- Brand new bathroom with bath, separate shower and vanity
- Separate toilet
- Stunning new kitchen with a breakfast bench, quality joinery, Milano appliances
- New reverse cycle air conditioner
- Stunning polished floorboards throughout
- Professionally painted throughout including all the timber window frames
- Fully rewired with a separate meter
- Single car garage and private access
- New window furnishings
- Rear deck with ramp access
With the land size being so large and plenty of street access there is also a possibility that the house could be subdivided separately and sold, and the land developed into units. (STCA).
The location is excellent for re-development with other unit developments nearby and the CBD being a short walk away. There is also quick access to the main highway and Schools, shops and public transport are close by.
So please phone the listing agent Wendy Squibb for further information and to arrange your private inspection.