1080 Cambridge Road,
Cambridge, TAS 7170
Warehouse, Factory & Industrial
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Elders Real Estate - Hobart
5 Victoria StreetHOBART, TAS 7000
03 6220 69...
1080 Cambridge Road
Cambridge, TAS 7170
Map of 1080 Cambridge Road
Dual income producing industrial asset with future development potential
- Estimated net annual income: $206,348*
- Substantial 5,546sqm land parcel
- Immediate rental uplift
We have the exclusive privilege to offer for sale a multi-tenanted, industrial investment for all investors, future owner occupiers and developers.
1080 Cambridge Road is situated on the northern side of Cambridge Road, within the established industrial precinct of Cambridge, approximately 13kms east of Hobart’s CBD. The site has substantial road frontage of 55m* and sits on an exceptional 5,546sqm* land parcel.
The property includes a well-presented warehouse and showroom occupied by local tenant Wonderful Wardrobes and benefits from 75 individual shipping containers at the rear, fully leased for short-term storage on month-to-month arrangements with an estimated combined net annual income of $206,348 pa.
This property should be strongly considered by all savvy investors or future owner occupiers, looking to secure a sought-after income producing asset with flexibility for significant rental uplift in the short to medium term, and future development potential.
1080 Cambridge Road is situated on the northern side of Cambridge Road, within the established industrial precinct of Cambridge, approximately 13kms east of Hobart’s CBD. The site has substantial road frontage of 55m* and sits on an exceptional 5,546sqm* land parcel.
The property includes a well-presented warehouse and showroom occupied by local tenant Wonderful Wardrobes and benefits from 75 individual shipping containers at the rear, fully leased for short-term storage on month-to-month arrangements with an estimated combined net annual income of $206,348 pa.
This property should be strongly considered by all savvy investors or future owner occupiers, looking to secure a sought-after income producing asset with flexibility for significant rental uplift in the short to medium term, and future development potential.
Cambridge, 7170 demographic data
The median household income for Cambridge is $2,048, 33% higher than Greater Hobart's household income of $1,542. Cambridge has an older age profile compared to the rest of Greater Hobart (median age 41 vs 39). Property ownership data shows 52% of property owners in Cambridge have a mortgage.
1,454
Population
$2,048 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
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