57 Cherokee DriveCambridge TAS 7170
Property Details for 57 Cherokee Dr, Cambridge
Last Listing description (September 2023)
POTENTIAL CAMBRIDGE AIRPORT ACCESS - TITLE ISSUED - MANY DEVELOPMENT OPTIONS
Premium industrial lot within the thriving and high demand Cambridge industrial-commercial precinct.
Comprises 1,847m2 of vacant land (title issued) within the booming Airport Industrial Estate subdivision adjacent to Cambridge Airport.
Potential Cambridge Airport access, subject to agreement with airport owner. Site adjoins taxiway close to main airport infrastructure.
Easy access to Kennedy Drive and Tasman Highway. Approximately 15 minutes from Hobart CBD and 5 minutes to Hobart International Airport.
Zoned "Light Industrial", opportunities exist for a wide range of possible uses subject to relevant approvals.
Nearby businesses include Hydro Tas, Par Avion, Helicopter Resources, Veolia, Reece Civil, Bidfood, TasNetworks and The Cambridge Centre incorporating Harvey Norman.
Featuring a premium position, versatile zoning, and the potential to utilize Cambridge Airport this offering provides many development options for single or multiple occupiers in an area where demand continues to surge, and supply of existing land is limited.
Property History for 57 Cherokee Dr, Cambridge, TAS 7170
- 03 Jul 2023Sold for $935,000
- 16 Mar 2023Listed for Sale Sold - Contact Agent
- 26 May 2021Sold for $374,000
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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 1,289 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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