Knight Frank is excited to offer for sale a high quality, strata titled warehouse built circa 2014 complimented by reception, 3 first floor offices and ample on-site parking.
Unit 1, 18 Kennedy Drive is well located within the popular mixed-use locality of Cambridge approximately 13 kilometres east of Hobart's city centre.
The property has superb street presence being situated at the front of the development, exposed to all traffic from Kennedy Drive, and is highly accessible being just off the Tasman Highway.
Unit 1, 18 is being sold with vacant possession and is ready for immediate occupation, while investors should take comfort in Hobart's extremely low industrial vacancy rate.
For further information please contact the exclusive selling agents.
For Sale by Expressions of Interest closing 9 March 2023 at 4:00pm AEDT
The size of Cambridge is approximately 50.1 square kilometres. There are 9 parks, covering nearly 15.9% of the total area. The population of Cambridge in 2016 was 1161 people. By 2021 the population was 1454 showing a population growth of 25.2% in the area during that time. The predominant age group in Cambridge is 60-69 years. Households in Cambridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cambridge work in a professional occupation.In 2021, 85.00% of the homes in Cambridge were owner-occupied compared with 85.50% in 2016.
Cambridge has 1,325 properties. Over the last 5 years, Houses in Cambridge have seen a 26.00% increase in median value, while Units have seen a 22.12% increase. As at 31 July 2026:
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