4/5 Runway PlaceCambridge TAS 7170
Property Details for 4/5 Runway Pl, Cambridge
Last Listing description (May 2015)
Investor Opportunity - Cambridge Warehouse and Office - Excellent Main Road Exposure
For Sale - $484,000 with three year lease at $39.950 per annum excluding GST and outgoings - Unit 4, 5 Runway Place, Cambridge TAS - Warehouse and Office - 347 m2 plus 46 m2 mezzanine *
Built and occupied in 2011 by well known builders, Andrew Lyden Builders, this tilt-up concrete office and warehouse includes excellent fitout and amenities with very good street exposure to busy Kennedy Drive.
Upstairs includes two good sized rooms and a storage or utility area. The ground floor amenities include a kitchen area and toilet. In addition there is warehouse mezzanine storage space of approximately 46 m2 and parking for 3 cars with additional parking for visitors.
The facility is close to the Tasman Highway, Hobart International Airport and is located approximately 15 kilometres or about 12 minutes from the Hobart CBD.
(*areas approximate)
Inspection by appointment only.
Property History for 4/5 Runway Pl, Cambridge, TAS 7170
- 19 May 2022Sold for $600,000
- 08 Sep 2015Sold for $484,000
- 13 Feb 2015Listed for Rent - Price not available
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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 1,289 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.
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