OFF MARKET

1/237 Kennedy Drive
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 1/237 Kennedy Dr, Cambridge

Building Type
Commercial
Local Government
Clarence

Last Listing description (March 2020)

This quality industrial unit is located in the heart of the Cambridge Industrial Estate.
The unit is one of three and is of concrete slab construction with aluminium roof.
Currently occupied by Ventia the unit is now available for immediate occupation.

The building comprises a clear span warehouse of approximately 508 square metres with single roller door access and high bay lighting.
The showroom/office comprises approximately 86 square metres and has good exposure to Kennedy Drive.
The rental is $65,000 per annum plus statutory outgoings currently estimated at approximately $13,000 per annum plus GST.
Some parking can be provided on site.

Property History for 1/237 Kennedy Dr, Cambridge, TAS 7170

A timeline of how this property has performed in the market
Listed for Rent
$1.25k/w
20 Feb 2020
  • 03 Jan 2020
    Listed for Rent $65,000 / year
  • 11 Apr 2019
    Listed for Rent - Price not available
  • 12 Feb 2019
    Listed for Rent - Price not available
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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.

Suburb Insights for Cambridge 7170

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Disclaimer
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.