OFF MARKET

1063 Cambridge Road
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9082m2
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Property Details for 1063 Cambridge Rd, Cambridge

Building Type
Land
Year Built
1994
Land Size
9082m2
Local Government
Clarence
Lot/Plan
1/178348

Last Listing description (May 2017)

Knight Frank are pleased to offer for sale the final lot of the 3 lot subdivision of 1063 Cambridge Road, Cambridge, previously occupied by Tasmanian Timber Engineering on behalf of BK Hamilton and Associates.

Lot 1, 1063 Cambridge Road is a substantial 7,900m + property with a large 3 bay, 4.5m clearance workshop of some 2,290m and free standing office building of some 220m. The property is level, with substantial cleared areas with gravel parking and hardstand.

The property is situated on Cambridge Road, backing on to and having high exposure to the Tasman Highway, a major traffic throughfare from Hobart to the Hobart International Airport, and the southern suburbs.

This property would suit owner occupiers or developers, who require storage or manufacturing facilities, handy to the CBD/major transport routes.

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Property History for 1063 Cambridge Rd, Cambridge, TAS 7170

A timeline of how this property has performed in the market
Last Sold
$4,950,000
23 Nov 2021
  • 23 Nov 2021
    Sold for $4,950,000
  • 20 Aug 2019
    Sold for $2,900,000
  • 21 Feb 2013
    Listed for Sale For Sale by Offer

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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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