2/11 Mcrorie CourtCambridge TAS 7170
Property Details for 2/11 Mcrorie Ct, Cambridge
Last Listing description (May 2023)
Knight Frank is pleased to offer to market Unit 2, 11 McRorie Court, Cambridge. The property is currently occupied by Ventia with them beginning a new 3 year + 3 year lease commencing 13 July 23.
Ventia are an ASX listed company and are one of the largest essential infrastructure service providers in Australia and New Zealand.
Unit 2 has a commanding position on McRorie Court including warehousing and two levels of office with seven car spaces.
The leases are landlord favourable with the tenant paying all statutory outgoings, body corporate which includes building insurance, and a management fees (8% of annual rental) to the landlord each year.
As an investment property, this offering presents a unique opportunity for savvy investors to secure a stable rental income from a blue-chip tenant within a recently completed development.
Please note Unit 5 is also for sale and is also leased to Ventia.
Property History for 2/11 Mcrorie Ct, Cambridge, TAS 7170
- 17 May 2023Sold for $2,126,000
- 19 Apr 2023Listed for Sale Expression of Interest
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0About Cambridge 7170
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 1,322 properties. Over the last 5 years, Houses in Cambridge have seen a 25.84% increase in median value, while Units have seen a 26.39% increase. As at 30 April 2026:
- The median value for Houses in Cambridge is $966,792 while the median value for Units is $671,162.
- Houses have a median rent of $498.
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