Knight Frank is pleased to offer for sale this unique land opportunity in Launceston's premier Industrial Precinct at Connector Park, Kings Meadows.
The site at 2 Dolerite Drive comprises 3,458 sqm* of land with DA in place to build an industrial facility including showroom, warehouse and offices of 842 sqm* taking full advantage of the effective site area of 1,950 sqm*.
Connector Park is tightly held with limited development opportunities available for purchase.
A well located site with good profile and proximity to the State Highway System.
The size of Kings Meadows is approximately 5.0 square kilometres. There are 8 parks, covering nearly 20.2% of the total area. The population of Kings Meadows in 2016 was 3670 people. By 2021 the population was 4359 showing a population growth of 18.8% in the area during that time. The predominant age group in Kings Meadows is 20-29 years. Households in Kings Meadows are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kings Meadows work in a professional occupation.In 2021, 63.00% of the homes in Kings Meadows were owner-occupied compared with 64.60% in 2016.
Kings Meadows has 2,333 properties. Over the last 5 years, Houses in Kings Meadows have seen a 52.80% increase in median value, while Units have seen a 53.00% increase. As at 30 June 2026:
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