4 Lamb PlaceCambridge TAS 7170
Property Details for 4 Lamb Pl, Cambridge
Last Listing description (July 2018)
4 CONCRETE WAREHOUSES ON 4 SEPARATE TITLES EACH WITH SECURE TENANCY
SOLID PASSIVE INVESTMENT OPPORTUNITY - 4 INDIVIDUAL LOTS or ALL IN ONE LINE - Total annual Net Income $192,000+
Forming part of the significant Sullivans Cove Whisky Distillery' complex these securely leased warehouses are located within the expanding Cambridge Industrial precinct which is experiencing strong development growth, all within close proximity to Hobart International Airport and Hobart City CBD.
* The warehouse complex has a prominent corner position extending across 4 warehouse lots, complete with continuous hardstand areas for fork lift operational use and visitor/ tourist parking;
* Built in 1997 the solid concrete Warehouses are occupied entirely by Sullivans Cove Whisky' (Australia's most decorated whisky brand and awarded the World's Best Whisky in 2014);
* The facility provides bulk storage and Bond Store' use for storage of special Oak Casks:-
LOT 1: - WAREHOUSE No 1
: - Current Annual Net Rental $100,980 + GST + Outgoings
: - GLA approx 915m2
: - Strata Title Land Size 1,878m2
: - Visitor entry to Reception, Showroom, Distillery, Bond Store + Mezzanine Level with sample tasting area, offices, staff room & amenities
LOT 2: - WAREHOUSE No 2
: - Current Annual Net Rental $31,110 + GST + Outgoings
: - GLA approx 240m2
: - Strata Title Land Size 261m2
: - Bond Store + Office + Mezzanine Level
LOT 3: - WAREHOUSE No 3
: - Current Annual Net Rental $29,417.52 + GST + Outgoings
: - GLA approx 240m2
: - Strata Title Land Size 264m2
: - Bond Store + Office + Mezzanine Level
LOT 4: - WAREHOUSE No 4
: - Current Annual Net Rental $30,500 + GST + Outgoings
: - GLA approx 240m2
: - Strata Title Land Size: 332m2
: - Bond Store + Office + Mezzanine Level
* Additional Site Improvements include security fencing, 3 phase power supply to the site, new digital internal warehouse lighting plus separate vehicular road access to Unit 4 including extra roller door entry;
* Being offered for sale as individual Lots or in one-line as one entire parcel; all Warehouse Units are currently leased until 2019 with Options to extend through to 2023.
For Sale by Negotiation
Inspection strictly by appointment only
All enquiries contact John Barwick
Property History for 4 Lamb Pl, Cambridge, TAS 7170
- 21 Jun 2018Sold for $935,000
- 08 Aug 2017Listed for Sale By Negotiation
- 23 Jan 2017Listed for Sale Not Disclosed
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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.
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