OFF MARKET

14 Runway Place
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 10440m2
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Property Details for 14 Runway Pl, Cambridge

Building Type
Land
Floor Size
250m2
Land Size
10440m2
Local Government
Clarence
Lot/Plan
12/147492

Last Listing description (April 2022)

Knight Frank presents to the market for sale this unique land parcel located at 14 Runway Place, Cambridge.

Comprising 10,040sqm of land, the site is one of the last large undeveloped land parcels in Cambridge. The land is favourably zoned being Light Industrial under the Clarence Local Provisions Schedule presenting the opportunity for a range of development options including large warehouses, a strata unit development, factory, distribution centre or self-storage facilities (STCA).


The Cambridge Industrial precinct has developed rapidly over recent years and Cambridge is now recognised as one of the leading Industrial and Commercial hubs within Greater Hobart. Cambridge also benefits from being on the doorstep of the Hobart International Airport, and has excellent access to main arterial road, the Tasman Highway, connecting Cambridge to Hobart and beyond.

For Sale by Expressions of Interest closing Monday 28th March 2022 at 12:00pm AEDT.

Property History for 14 Runway Pl, Cambridge, TAS 7170

A timeline of how this property has performed in the market
Last Sold
$3,250,000
30 Mar 2022
Listed for Rent
$613/w
08 Mar 2017
  • 30 Mar 2022
    Sold for $3,250,000
  • 17 Mar 2022
    Listed for Sale Contact agent
  • 16 Mar 2017
    Listed for Sale $410,000 PLUS GST
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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.