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Glenstone Road
Bridgewater TAS 7030

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Land area: 70390m2
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HUGE DEVELOPMENT SITE - OVER 7 HECTARES

• Bridgewater is booming and available industrial sites of this size are few and far between. The rapidly emerging new Bridgewater Bridge replacement infrastructure (nearly
$800 million project) will only further enhance the appeal and importance of this major general industrial/logistics precinct when completed.
• Strategic elevated position opposite the Toll Tasmania intermodal transport hub and nearby major new industrial premises and developments.
• Dual road entrances to this sprawling site (70,390 square meters approx) provides many options for traffic flows or future subdivision.
• Extensive bulk earthworks already completed offer massive savings to development costs. Offered with compaction certification at sub-grade level.
• Added bonus of mooted green hydrogen network on adjoining land with potential zero carbon footprint.
• Title expected late 2024.
For Sale by Expressions of Interest - Closing 2.00pm Monday 25th March 2024.

Property Details for 1/221 Glenstone Rd, Bridgewater

Building Type
Commercial
Land Size
70390m2

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About Bridgewater 7030

The size of Bridgewater is approximately 16.5 square kilometres. It has 10 parks covering nearly 6.3% of total area. The population of Bridgewater in 2011 was 4,124 people. By 2016 the population was 4,040 showing a population decline of 2.0% in the area during that time. The predominant age group in Bridgewater is 0-9 years. Households in Bridgewater are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bridgewater work in a labourer occupation. In 2011, 47.1% of the homes in Bridgewater were owner-occupied compared with 44.3% in 2016.

Bridgewater has 2,046 properties. Over the last 5 years, Houses in Bridgewater have seen a 77.43% increase in median value, while Units have seen a 59.02% increase. As at 31 October 2024:

  • The median value for Houses in Bridgewater is $473,632 while the median value for Units is $412,448.
  • Houses have a median rent of $440 while Units have a median rent of $400.
There are currently 21 properties listed for sale, and 4 properties listed for rent in Bridgewater on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Bridgewater.

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Leslie Simpson
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Raine & Horne Commercial Hobart
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