SOLD
Sold on 24 Oct 2023 for $1,500,100

52-54 Innovation Drive
Dowsing Point TAS 7010

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 492m2
Land area: 4001m2
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Property Details for 52-54 Innovation Dr, Dowsing Point

Building Type
Commercial
Floor Size
492m2
Land Size
4001m2
Local Government
Glenorchy
Lot/Plan
1/32472

Last Listing description (October 2023)

Knight Frank are pleased to offer for sale, 52 54 Innovation Drive, Dowsing Point, a warehouse/manufacturing facility, situated on a substantial waterfront landholding within the Tasmanian Technopark precinct.

The property is currently occupied by Wonders Building Company Pty Ltd on a five-year lease with 9 months remaining, at a net rental of $102,000 per annum + GST, providing fantastic scope for an owner occupier or investor to capitalise on Hobart's strong industrial sector.


The building consists of a large 511 sqm*, clearspan warehouse, with various offices and staff amenities and 14 on-site parks. There is further development potential, with a proposed zoning amendment increased to 12m height, broadened use options and higher densities, allowing for the potential of additional facilities to be constructed on the substantial 4001 sqm* site (STCA).

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Property History for 52-54 Innovation Dr, Dowsing Point, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$1,500,100
24 Oct 2023
Listed for Rent
$1.42k/w
13 Oct 2017
  • 24 Oct 2023
    Sold for $1,500,100
  • 20 Sep 2023
    Listed for Sale Contact Agent
  • 25 Sep 2017
    Listed for Rent $74,000 / year
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About Dowsing Point 7010

The size of Dowsing Point is approximately 0.6 square kilometres. It has 2 parks covering nearly 4.7% of total area. The population of Dowsing Point in 2011 was 1,132 people. By 2016 the population was 67 showing a population decline of 94.1% in the area during that time. The predominant age group in Dowsing Point is 30-39 years. Households in Dowsing Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dowsing Point work in a clerical occupation. In 2011, 49.8% of the homes in Dowsing Point were owner-occupied compared with 60% in 2016.

Dowsing Point has 52 properties. Over the last 5 years, Houses in Dowsing Point have seen a 43.08% increase in median value. As at 31 August 2024:

  • The median value for Houses in Dowsing Point is $541,835.
There are currently 1 property listed for sale, and no properties listed for rent in Dowsing point on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Dowsing point.

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