OFF MARKET

11 Runway Place
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6332m2
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Property Details for 11 Runway Pl, Cambridge

Building Type
Commercial
Land Size
6332m2
Local Government
Clarence
Lot/Plan
0/174852

Last Listing description (May 2019)

Cambridge Park close to Homemaker Centre
Cambridge Park is recognised as the fastest growing commercial/industrial precinct in Hobart. It's easy access to the city, proximity to Hobart International Airport and level builder-friendly land are amongst it's attractions.
Runway place is a cul-de-sac opposite the Harvey Norman Homemaker Centre, the major drawcard in the area housing a range of bulky goods and other retailers.

11 Runway Place is a level, rectangular block of 6332sqm (about 1.5 acres), ready to be developed and/or with potential for further subdivision (subject to relevant approvals).
Plans have been prepared for a possible warehouse/showroom development and are available for perusal. Note that plans are conceptual only.
FOR SALE BY NEGOTIATION NOW! IMMEDIATE POSSESSION AVAILABLE OR OWNER WILL DEVELOP TO SUIT.
For further information contact Leslie Simpson on 0419 339 826

Property History for 11 Runway Pl, Cambridge, TAS 7170

A timeline of how this property has performed in the market
  • 13 Jul 2012
    Listed for Sale $750,000
  • 24 Jul 2009
    Listed for Sale 750000

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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.

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.