RWC Tasmania has been appointed to offer for sale Unit 4, 14 Kennedy Drive, Cambridge. This property represents an unbeatable 'low touch' investment for commercial property buyers, backed by a brand new, 5 year lease. Returning a net annual income of $60,000 plus GST, the lease features annual CPI reviews and a further 5 year option, providing secure, inflation protected growth.
Key Property Features Include:
+ Secure 5 year lease locked in with a further 5 year option to Tasmanian Hi-Tec Painting Pty Ltd
Perfect for first time investors or an addition to an existing portfolio, please contact the undersigned agents for more information.
For Sale by expressions of interest, closing Thursday 18 June 2026 at 4pm.
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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