OFF MARKET

1/14 Kennedy Drive
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 328m2
Land area: 362m2
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Property Details for 1/14 Kennedy Dr, Cambridge

Building Type
Commercial
Year Built
2012
Floor Size
328m2
Land Size
362m2
Local Government
Clarence
Lot/Plan
1/163835

Last Listing description (October 2021)

Situated in Kennedy Drive in a 10 unit complex this industrial unit offers quality space of modern appearance in an established location in the Cambridge Industrial precinct.
The unit , of concrete tilt panel construction, offers, on the ground floor, a reception/office area and amenities plus on a mezzanine floor two (2) partitioned offices and a meeting room.
The warehouse is clear span with roller door access (5 metes high) and three phase power.

There are three (3) parking spaces on site and the unit also has 4kw solar panel system, two (2) heat pumps and has great exposure as being located on the front corner of the complex.
The unit is zoned "Commercial" under the Clarence City Council Interim Planning Scheme 2015. Uses permitted under this zone include bulky goods sales, general retail and hire and passive recreation with other uses permitted STCA.

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Property History for 1/14 Kennedy Dr, Cambridge, TAS 7170

A timeline of how this property has performed in the market
Last Sold
$635,000
17 Nov 2020
Listed for Rent
$862/w
28 Oct 2021
  • 02 Feb 2021
    Listed for Rent $45,000 / year
  • 17 Nov 2020
    Sold for $635,000
  • 09 Nov 2015
    Sold for $455,000
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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 1,285 properties. Over the last 5 years, Houses in Cambridge have seen a 44.24% increase in median value, while Units have seen a 31.24% increase. As at 31 August 2024:

  • The median value for Houses in Cambridge is $853,748 while the median value for Units is $546,488.
  • Houses have a median rent of $498.
There are currently 16 properties listed for sale, and 10 properties listed for rent in Cambridge on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Cambridge.

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