65 Patriarch DriveHuntingfield TAS 7055
Property Details for 65 Patriarch Dr, Huntingfield
Last Listing description (February 2021)
Leaseback to the largest privately owned, independent 'service industrial' operator in Tasmania
Outstanding family-business established and operating successfully over 40 years
Offered with new 7-year lease on settlement, plus 2 further 7-year options
• Total land area of almost 2 acres, providing easy access and egress for its large removalist delivery fleet/building area approximately 1,655m2
Estimated annual net income of $190,000, backed by personal guarantees and substantial security bond
Prime location in one of Greater Hobart's most popular industrial estates and fastest growing residential areas in Tasmania only 15kms from Hobart. (20 minutes)
Zoned 'Light industrial' Kingborough Council Interim Planning Scheme (2015)
Highly Desirable 'SET & FORGET' Investment!
Contact Alan Clark Commercial Consultant for IM and to arrange an inspection.
PLEASE NOTE - On instruction from the owners all prospective buyers must sign a Confidentiality Agreement before receiving a copy of the IM.
Property History for 65 Patriarch Dr, Huntingfield, TAS 7055
- 23 Nov 2020Listed for Sale For Sale by Expressions of Interest
- 09 Jun 2016Sold for $1,500,000
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0About 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 335 properties. Over the last 5 years, Houses in Huntingfield have seen a 56.00% increase in median value, while Units have seen a 49.58% increase. As at 31 October 2024:
- The median value for Houses in Huntingfield is $671,059 while the median value for Units is $564,018.
- Houses have a median rent of $375.
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