FOR SALE
UNDER OFFER

27 Cherokee Drive
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
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Land area: 6889m2
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PRIZED INDUSTRIAL ALLOTMENT - 6,889m2

Raine & Horne Commercial is delighted to offer for sale one of few available lots in the Airport Industrial Estate at Cambridge.
Features include;
• Large vacant allotment (6,889 square meters) in the nearly sold out 62 lot Airport Industrial Estate. Few remaining lots are indicative of a likely land shortage in this high growth area in the short-medium term.
• Potential to purchase the adjoining lot (4,451 square meters) and create an amalgamated site of over 1.1 hectares.
• Close to Hobart International Airport (5 mins approx.) and only 15 mins approx. to Hobart CBD.
• Adjacent to Cambridge Aerodrome and a host of leading national and local occupiers drawn to Cambridge, arguably greater Hobart's strongest industrial-commercial growth precinct
• Street frontage of some 104 metres provides many development options for single or multiple occupiers in an area of sustained demand.
• Versatile "Light Industrial" zoning provides many possible uses STCA.

Property Details for 27 Cherokee Dr, Cambridge

Building Type
Commercial
Land Size
6889m2

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About Cambridge 7170

The size of Cambridge is approximately 50.1 square kilometres. It has 9 parks covering nearly 15.9% of total area. The population of Cambridge in 2011 was 747 people. By 2016 the population was 1,124 showing a population growth of 50.5% in the area during that time. The predominant age group in Cambridge is 50-59 years. Households in Cambridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cambridge work in a professional occupation. In 2011, 84.1% of the homes in Cambridge were owner-occupied compared with 85.5% in 2016.

Cambridge has 1,289 properties. Over the last 5 years, Houses in Cambridge have seen a 45.46% increase in median value, while Units have seen a 72.30% increase. As at 31 October 2024:

  • The median value for Houses in Cambridge is $861,361 while the median value for Units is $523,702.
  • Houses have a median rent of $498.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Cambridge on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Cambridge.

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Leslie Simpson
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Raine & Horne Commercial Hobart
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.