Property Details for Lot 38 Spark Dr, Cambridge
Last Listing description (June 2023)
Knight Frank is pleased to offer for sale a high-profile land parcel in Cambridge, a leading industrial precinct on Hobart's Eastern Shore, located 15kms* from the Hobart CBD.
The land is favourably zoned being Light Industrial under the Clarence Local Provisions Schedule presenting the opportunity for a range of development options including large warehouses, a strata unit development, factory, distribution centre or self-storage facilities (STCA).
The Cambridge Industrial precinct has developed rapidly over recent years and Cambridge is now recognised as one of the leading Industrial and Commercial hubs within Greater Hobart. Cambridge also benefits from being on the doorstep of the Hobart International Airport, and has excellent access to main arterial road, the Tasman Highway, connecting Cambridge to Hobart and beyond.
Leading local businesses including Harvey Norman, Tas Networks, CoatesHire, Reece Plumbing, Juicy Isle are all within 1km*.
For Sale by Offer.
*Approximate
Property History for Lot 38 Spark Dr, Cambridge, TAS 7170
- 20 Feb 2023Listed for Sale Offers over $1,450,000
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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 1,287 properties. Over the last 5 years, Houses in Cambridge have seen a 32.67% increase in median value, while Units have seen a 12.94% increase. As at 31 December 2024:
- The median value for Houses in Cambridge is $849,939 while the median value for Units is $514,217.
- Houses have a median rent of $498.
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