OFF MARKET

7 Cherokee Drive
Cambridge TAS 7170

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4097m2
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Property Details for 7 Cherokee Dr, Cambridge

Building Type
Land
Land Size
4097m2
Local Government
Clarence
Lot/Plan
15/176911

Last Listing description (August 2024)

Commanding corner position at the entrance to the booming 62 lot Airport Industrial Estate.

Within the thriving Cambridge industrial-commercial precinct, the property is nearby leading local and national occupiers, and adjacent Cambridge Aerodrome.

Nearby businesses include Hydro Tas, Par Avion, Helicopter Resources, Veolia, Reece Civil, Bidfood, Tasnetworks, Juicy Isle and The Cambridge Centre incorporating Harvey Norman.

Easy access to Kennedy Drive and the Tasman Highway. Approximately 15 minutes from Hobart CBD and 5 minutes to Hobart International Airport.

Comprises 7,495m2 of vacant land on two titles zoned "Light Industrial".

Approximately 117 metres frontage to Cherokee Drive, over 67 metres facing Cessna Way, plus over 15 metres splayed corner frontage.

Provides many development options for single or multiple occupiers in an area where demand continues to surge.

Offers considered for the whole site or individual titles.

Property History for 7 Cherokee Dr, Cambridge, TAS 7170

A timeline of how this property has performed in the market
Last Sold
$75,000
01 Jun 2023
  • 14 Aug 2024
    Listed for Sale Contact Agent
  • 16 Feb 2024
    Listed for Sale Contact Agent
  • 01 Jun 2023
    Sold for $75,000
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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.

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.