OFF MARKET

226 Mill Road
Wesley Vale TAS 7307

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 999m2
Land area: 561100m2
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Property Details for 226 Mill Rd, Wesley Vale

Building Type
Commercial
Year Built
1970
Floor Size
999m2
Land Size
561100m2
Local Government
Latrobe
Lot/Plan
1/182276

Last Listing description (April 2019)

Those manufacturing operations were closed in March 2010. The site land area measures 56.11 hectares* or 561,100 m2* and is zoned General Industrial under the Latrobe Interim Planning Scheme 2013.
The site incorporates improvements with a total area of 29,891 m2* including a large industrial building under one roof; various industrial storage and engineering workshop buildings; an internal road network; a two-level administration building; staff canteen; clarifier; a large water reservoir; and a waste disposal infrastructure. Part of the site is planted with pine plantation timber (20.4 hectares).
The zoning provides flexibility for a variety of uses including equipment and machinery sales and hire; manufacturing and processing; research and development; service industry; storage; transport depot and distribution and resource processing (STCA).

The property is located on the northern coast of Tasmania and is approximately 10 kilometres east of the City of Devonport. The Devonport Airport is approximately 2 kilometres west of the site.
# There are a number of short-term leases in place although the subject property can be offered with vacant possession at settlement excluding long terms leases to NBN and Telstra.
*Approximate

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Property History for 226 Mill Rd, Wesley Vale, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$1,742,000
13 Feb 2019
  • 13 Feb 2019
    Sold for $1,742,000
  • 12 Nov 2018
    Listed for Sale Not Disclosed
  • 17 Feb 2017
    Listed for Sale For Sale by EOI
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About Wesley Vale 7307

The size of Wesley Vale is approximately 28.7 square kilometres. The population of Wesley Vale in 2011 was 438 people. By 2016 the population was 442 showing a population growth of 0.9% in the area during that time. The predominant age group in Wesley Vale is 60-69 years. Households in Wesley Vale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wesley Vale work in a managers occupation. In 2011, 81.3% of the homes in Wesley Vale were owner-occupied compared with 80.8% in 2016.

Wesley Vale has 247 properties. Over the last 5 years, Houses in Wesley Vale have seen a 100.10% increase in median value, while Units have seen a 99.78% increase. As at 31 August 2024:

  • The median value for Houses in Wesley Vale is $672,814 while the median value for Units is $460,091.
There are currently 1 property listed for sale, and no properties listed for rent in Wesley vale on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Wesley vale.

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