OFF MARKET

42 Appledore Street
Miandetta TAS 7310

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1140m2
Land area: 5554m2
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Property Details for 42 Appledore St, Miandetta

Building Type
Commercial
Year Built
1970
Floor Size
1140m2
Land Size
5554m2
Local Government
Devonport
Lot/Plan
9/96144

Last Listing description (April 2019)

Knight Frank is pleased to offer for sale, a prominent asset, subject to a strong lease covenant to a leading Tasmania based construction company, Vos Construction & Joinery Pty Ltd. 42 Appledore Street, Miandetta (a suburb of Devonport) provides a well-positioned workshop and office facility, established on a significant land parcel of some 5,554 sqm (approx).
The property is ideal for investors seeking a fully leased, strategically positioned, workshop and office facility, situated on a valuable landholding which has identifiable 'future-use'?? development potential (STCA) provided by its zoning as 'General Residential' under the Devonport Interim Planning Scheme 2013.
- A dominant location close to Devonport and major road networks

- A predominantly level landholding, with improvements beneficial to the Lessee's operation
- Fully leased on a 5+5 year term commenced 1 November 2017
- Lessee pays all statutory outgoings. Council rates; Land Tax (single holding), Taswater.
- Current net passing income $122,186.91 (before owner's outgoings)
- A 'General Residential' landholding with identifiable 'future-use' development potential (STCA)
For further details or to inspect, please contact Nicholas Bond or David Webster of Knight Frank.

Property History for 42 Appledore St, Miandetta, TAS 7310

A timeline of how this property has performed in the market
Last Sold
$1,250,000
25 Feb 2019
Listed for Rent
$130k/w
15 Feb 2024
  • 25 Feb 2019
    Sold for $1,250,000
  • 16 Nov 2018
    Listed for Sale Not Disclosed
  • 04 Feb 2016
    Sold for $762,500

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About Miandetta 7310

The size of Miandetta is approximately 1.7 square kilometres. It has 6 parks covering nearly 15.4% of total area. The population of Miandetta in 2011 was 1,711 people. By 2016 the population was 1,846 showing a population growth of 7.9% in the area during that time. The predominant age group in Miandetta is 0-9 years. Households in Miandetta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Miandetta work in a trades occupation. In 2011, 76.5% of the homes in Miandetta were owner-occupied compared with 71.6% in 2016.

Miandetta has 867 properties. Over the last 5 years, Houses in Miandetta have seen a 66.40% increase in median value, while Units have seen a 75.69% increase. As at 31 October 2024:

  • The median value for Houses in Miandetta is $489,050 while the median value for Units is $434,152.
  • Houses have a median rent of $450 while Units have a median rent of $280.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Miandetta on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Miandetta.

Suburb Insights for Miandetta 7310

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.