14 Broadhurst Avenue
Devonport, TAS 7310

Located in one of Devonport's most accessible and well-connected areas, 14 Broadhurst Avenue offers a unique investment opportunity with a fully leased multi-unit complex that provides immediate income, strong returns, and long-term security.

This property comprises five self-contained apartments, currently fully occupied, delivering a gross yield exceeding 6%. It is an appealing option for investors seeking consistent cash flow alongside potential for future capital growth.

The complex includes a spacious three-bedroom apartment, a two-bedroom apartment, and three versatile one-bedroom-plus-study apartments. The upper-level units feature flexible layouts, with the additional room ideal for use as a second bedroom, home office, or study space.

Several areas within the complex have been updated to boost tenant appeal, showcasing modern kitchens, renovated bathrooms, and bright open-plan living areas designed to maximize natural light throughout.

Constructed with solid, low-maintenance materials and benefiting from five separate income streams, this investment offers a level of security rarely found in single-tenancy properties. The multiple leases reduce vacancy risk, enhance income stability, and provide resilience against market fluctuations.

Situated just moments from Devonport's central business district, shopping centers, schools, public transport, and essential services, the property enjoys strong tenant demand and a history of excellent occupancy.

Investments of this scale, with established tenancies and a gross yield above 6%, are rarely available in such a sought-after Devonport location. Whether expanding an existing portfolio or acquiring a high-performing asset, 14 Broadhurst Avenue represents a compelling opportunity.

• Information is considered accurate; however, prospective buyers should conduct their own inquiries. Plans are indicative only.