OFF MARKET

45 Patriarch Drive
Huntingfield TAS 7055

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2182m2
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Property Details for 45 Patriarch Dr, Huntingfield

Building Type
Land
Land Size
2182m2
Local Government
Kingborough
Lot/Plan
36/153698

Last Listing description (November 2023)

Knight Frank proudly present to market for sale, one of the last large undeveloped land parcels in the Huntingfield and Kingston industrial precinct.

45 Patriarch Drive is the ultimate opportunity for industrial development comprising an impressive site area of 2,182 sqm*. Positioned in close proximity to renowned retail giants such as Clennett's Mitre 10, Bunnings, and the bustling Kingston Shopping Centre, this prime location offers unparalleled convenience and potential for various business ventures.

The rarity of this offering cannot be overstated. With the industrial market remaining strong and available industrial land becoming increasingly scarce, securing this parcel is a strategic move, making it an ideal investment opportunity.

The site is zoned light industrial lending itself to a wide range of uses such as, but not limited to equipment hire, manufacturing, storage, distribution and service (STCA). There is also the added benefit of short-term holding income, with the property on a licence agreement to Kingston Panel and Paint, with a net annual income of $24,210 plus outgoings and GST.

For Sale for Offers Over $1,000,000.

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Property History for 45 Patriarch Dr, Huntingfield, TAS 7055

A timeline of how this property has performed in the market
Last Sold
$393,800
23 Mar 2015
Listed for Rent
$958/w
05 Dec 2013
  • 24 May 2023
    Listed for Sale Contact Agent
  • 23 Mar 2015
    Sold for $393,800
  • 23 Jul 2013
    Listed for Rent - Price not available
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About Huntingfield 7055

The size of Huntingfield is approximately 3.2 square kilometres. It has 2 parks covering nearly 67.4% of total area. The population of Huntingfield in 2011 was 414 people. By 2016 the population was 444 showing a population growth of 7.2% in the area during that time. The predominant age group in Huntingfield is 30-39 years. Households in Huntingfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Huntingfield work in a clerical occupation. In 2011, 76.1% of the homes in Huntingfield were owner-occupied compared with 76% in 2016.

Huntingfield has 334 properties. Over the last 5 years, Houses in Huntingfield have seen a 58.79% increase in median value, while Units have seen a 53.24% increase. As at 31 August 2024:

  • The median value for Houses in Huntingfield is $661,038 while the median value for Units is $567,661.
  • Houses have a median rent of $375.
There are currently 1 property listed for sale, and 1 property listed for rent in Huntingfield on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Huntingfield.

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