OFF MARKET

329 Mill Road
Wesley Vale TAS 7307

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 11900m2
Land area: 184100m2
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Property Details for 329 Mill Rd, Wesley Vale

Building Type
Commercial
Year Built
1963
Floor Size
11900m2
Land Size
184100m2
Local Government
Latrobe
Lot/Plan
1/86717

Last Listing description (October 2017)

This expansive industrial complex is strategically located on Tasmania's North West Coast in very close proximity to airport and deepwater port facilities at Devonport and the A1 State highway system. Previously the site of a particle board/timber veneer processing mill, the property has a 'General Industrial' zoning overlay (Latrobe Interim Planning Scheme 2013) to accommodate an array of industrial operations or agribusinesses such as manufacturing and processing, recycling, research and development, warehousing and storage, transport depot, resource processing, export facility, service industries and more (stca). Buildings total almost 11,900sqm gross floor area and comprise three main warehouses/factories, workshops, stores, admin offices, and ancillary facilities.
Services to the property include mains water, natural gas (reconnection required) and a significant power supply.
For the larger format industrial business sector this property to be sold on vacant possession basis has considerable logistical advantages and presents as a rare opportunity to decentralize and save.

FOR FURTHER DETAILS AND INSPECTIONS CONTACT IAN SINGLINE
SUB DIVIDING TO SELL IN SMALLER LOTS AND LEASING ALSO CONSIDERED.

Property History for 329 Mill Rd, Wesley Vale, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$2,750,000
24 Jul 2017
  • 24 Jul 2017
    Sold for $2,750,000
  • 28 Jan 2016
    Listed for Sale EXPRESSIONS OF INTEREST

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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.

Suburb Insights for Wesley Vale 7307

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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.