Property Details for 1 Corvalis Lane, Cambridge
Last Listing description (January 2024)
8 Sold only 4 remaining - Light Industrial Units
Knight Frank is pleased to offer to market for sale Stage 1 of Corvalis Lane, Cambridge, developed and constructed by Direen Homes, one of Hobart's leading building companies.
Stage 1 consists of 6 concrete tilt slab warehouses ranging from 301 379 sqm (approximately) inclusive of reception, amenities and mezzanine office space. Each unit is complimented by 2-3 car spaces appropriate for staff or customers.
Upon completion the strata unit development will occupy a dominant position on Corvalis Lane capturing all passing traffic from Cherokee Drive and is conveniently located in proximity to the Tasman Highway and Hobart International Airport.
Investors should expect a net rental for units 1-6 in the vicinity of $45,000 to $60,000 per annum. Completion of Stage 1 is expected to be October 2023 with titles issued shortly thereafter.
For Sale by Offer.
*Approx
Property History for 1 Corvalis Lane, Cambridge, TAS 7170
- 08 Jun 2022Listed for Sale Contact Agents
Recent sales nearby
See more recent sales nearby
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Cambridge 7170
The size of Cambridge is approximately 50.1 square kilometres. It has 9 parks covering nearly 15.9% of 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 1,321 properties. Over the last 5 years, Houses in Cambridge have seen a 27.27% increase in median value, while Units have seen a 35.73% increase. As at 31 March 2026:
- The median value for Houses in Cambridge is $943,652 while the median value for Units is $654,348.
- Houses have a median rent of $498.
Suburb Insights for Cambridge 7170
Market Insights
Cambridge Trends for Houses
N/A
N/A
View TrendN/A
N/A
Cambridge Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
