OFF MARKET

2/225 Kennedy Drive
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 523m2
Land area: 1872m2
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Property Details for 2/225 Kennedy Dr, Cambridge

Building Type
Commercial
Year Built
2001
Floor Size
523m2
Land Size
1872m2
Local Government
Clarence
Lot/Plan
2/156139

Last Listing description (June 2017)

This good size warehouse/workshop is located in the heart of the Cambridge Industrial precinct.
The property was previously occupied by Paraquad Tasmania and comprises a good quality warehouse of 481 square metres of colourbond construction with steel framing, concrete floor, high bay lighting and dual sliding door access. Minimum internal height is 6 metres and maximum is 6.5 metres.
The showroom/office area of approximately 25 square metres is located on the western end of the building and comprises an open plan area with heat pump and separate access.

Amenities including toilet (disabled access) and kitchen are also available.
Parking is available on site.
The rental is $40,000 per annum plus current approximate rates of $3,704 per annum, current approximate land tax of $1,097 per annum, current approximate water and sewerage of $926 per annum, current approximate body corporate fees of $1,935 per annum plus power and GST.

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Property History for 2/225 Kennedy Dr, Cambridge, TAS 7170

A timeline of how this property has performed in the market
Last Sold
$1,200,000
22 Dec 2011
Listed for Rent
$767/w
14 Jun 2017
  • 01 Dec 2016
    Listed for Rent $40,000 / year
  • 15 Sep 2016
    Listed for Rent $45,000 / year
  • 22 Dec 2011
    Sold for $1,200,000

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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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