OFF MARKET

229 Kennedy Drive
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1370m2
Land area: 3956m2
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Property Details for 229 Kennedy Dr, Cambridge

Building Type
Commercial
Year Built
2002
Floor Size
1370m2
Land Size
3956m2
Local Government
Clarence
Lot/Plan
27/135339

Last Listing description (February 2018)

Colliers International are pleased to present this prime industrial asset to the market for sale individually or as part of a combined Secure 7 industrial portfolio leased to Cope Sensitive Freight.Key selling features:- 10 year WALE- Net rent of $122,300 p.a.- Unique triple net lease offering- Total building area of 1,223sqm- Low site coverage of 31%This outstanding opportunity is being offered for sale via Expressions of Interest closing at 4pm AEST on Wednesday 2nd August, 2017.To arrange an inspection, request an Information Memorandum or for further information, please contact one of the exclusive marketing agents.S7

Property History for 229 Kennedy Dr, Cambridge, TAS 7170

A timeline of how this property has performed in the market
Last Sold
$2,800,000
03 Nov 2022
  • 03 Nov 2022
    Sold for $2,800,000
  • 06 Oct 2022
    Listed for Sale Contact Agent
  • 16 Oct 2021
    Sold for $2,857,459
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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.