SOLD
RECENT ADVICE
Sold on 09 Oct 2024 - Price Unavailable

115 Kennedy Drive
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: 70
Floor area: 2854m2
Land area: 45.04ha
Improve this data
Share
Save

Property Details for 115 Kennedy Dr, Cambridge

Building Type
Commercial
Floor Size
2854m2
Land Size
45.04ha
Local Government
Clarence
Lot/Plan
1/166935

Last Listing description (October 2024)

Raine & Horne Commercial Hobart is privileged to offer for sale the freehold land comprising Cambridge Aerodrome in Southern Tasmania.

Comprising over 45 hectares with approximately 196 metres frontage to Kennedy Drive, the site represents an important infrastructure facility whilst offering massive potential for industrial subdivision (STCA), further aviation development, or a combination of both.

Key features include;

• Within arguably Tasmania's highest growth industrial-commercial precinct featuring frontage to Kennedy Drive, the main thoroughfare through this booming sector

• 15 minutes approx. to Hobart CBD and 5 minutes approx. to Hobart International Airport

• Tasmania's busiest airport by air traffic movements as at June 2023 supporting emergency services, tourism/wilderness flights and pilot training

• Improvements include four hangars, supplementary offices, two runways, taxi-ways, aircraft parking areas, above-ground aviation fuel stations, extensive vehicle parking,
and an old Aero Club building

• Incorporates various zonings including Light Industrial, Utilities, and Open Space with potential to re-zone subject to relevant approvals

• Offered subject to a short term lease-back providing holding income

• Additional adjoining land currently available for separate purchase providing opportunities to re-locate or increase aviation infrastructure

• Huge aviation and/or development options to value-add

Show More

Property History for 115 Kennedy Dr, Cambridge, TAS 7170

A timeline of how this property has performed in the market
Last Sold
09 Oct 2024
  • 09 Oct 2024
    Listed for Sale EOI Closing Tues 9th July 2024 at 2pm
  • 09 Oct 2024
    Sold
  • 31 May 2024
    Listed for Sale EOI Closing Tues 9th July 2024 at 2pm
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 16 properties listed for sale, and 9 properties listed for rent in Cambridge on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Cambridge.

Cambridge Profile Page

Suburb Insights for Cambridge 7170

Visit Cambridge profile page
Market Insights
Cambridge Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Cambridge Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Cambridge profile page
Contact agent
Leslie Simpson
Show contact details
Call agent
Raine & Horne Commercial Hobart
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED