Here is a prime site warehouse in the middle of the Kings Meadows close to the city and the Launceston Airport for freight consignments and pickups.
With approximately 700 sq m2 of flat floor space and easy access through three high roller doors this could be a great investment. The current tenant has indicated a desire to continue and the lease arrangements are available to any prospective purchaser.
The warehouse is in excellent condition and has a new reception area and office plus a kitchenette of approximately 60 sq m2.
The size of Kings Meadows is approximately 5 square kilometres. It has 8 parks covering nearly 20.2% of total area. The population of Kings Meadows in 2011 was 3,371 people. By 2016 the population was 3,684 showing a population growth of 9.3% in the area during that time. The predominant age group in Kings Meadows is 20-29 years. Households in Kings Meadows are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kings Meadows work in a professional occupation. In 2011, 63.9% of the homes in Kings Meadows were owner-occupied compared with 64.6% in 2016.
Kings Meadows has 2,308 properties. Over the last 5 years, Houses in Kings Meadows have seen a 59.52% increase in median value, while Units have seen a 56.27% increase. As at 31 October 2024:
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