OFF MARKET

5 Spring Street
Sheffield TAS 7306

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 115m2
Land area: 37200m2
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Property Details for 5 Spring St, Sheffield

Building Type
Land
Year Built
1995
Floor Size
115m2
Land Size
37200m2
Local Government
Kentish
Lot/Plan
12/149305

Last Listing description (May 2019)

One of two remaining Light Industrial Allotments retaining in this strategically located new subdivision in Sheffield. Generous land allocation of 1628 square metres, with all services - power (single and three phase), water, sewage all connected. The sites are located in a secure and highly visible location.
The Lots are available for purchase freehold with gravel hardstand, or land and shed packages are available with both Lease and Lease-Purchase options, with the Lease-Purchase option being with the inclusion of a 24 metre X 12 metre colourbond shed. Packages may vary according to the level of fit out required and whether to be completed by the vendor or tenant / purchaser. Further details of Terms and Packages available with land and shed, as well as Lease and Lease-Purchase options are available upon request.

This is an ideal opportunity to establish a base in a very central location with the opportunity to service rural and town community of Northern Tasmania at a central gateway for local and transit trade. Half this subdivision has already been developed with long term North West businesses recognising the strategic benefits of the location, and are the sites depicted with existing sheds (The sites avaialble are awaiting development and are without existing shed facilities constructed).

Property Code: 207

Property History for 5 Spring St, Sheffield, TAS 7306

A timeline of how this property has performed in the market
Last Sold
$245,000
20 Dec 2004
  • 08 Mar 2016
    Listed for Sale $60,000 plus GST if applicable
  • 20 Dec 2004
    Sold for $245,000

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About Sheffield 7306

The size of Sheffield is approximately 60.9 square kilometres. It has 5 parks covering nearly 11.1% of total area. The population of Sheffield in 2011 was 1,538 people. By 2016 the population was 1,566 showing a population growth of 1.8% in the area during that time. The predominant age group in Sheffield is 60-69 years. Households in Sheffield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sheffield work in a managers occupation. In 2011, 72.1% of the homes in Sheffield were owner-occupied compared with 71.6% in 2016.

Sheffield has 907 properties. Over the last 5 years, Houses in Sheffield have seen a 71.82% increase in median value, while Units have seen a 55.95% increase. As at 31 August 2024:

  • The median value for Houses in Sheffield is $463,124 while the median value for Units is $330,499.
  • Houses have a median rent of $398.
There are currently 11 properties listed for sale, and no properties listed for rent in Sheffield on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Sheffield.

Suburb Insights for Sheffield 7306

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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.