42 Appledore StreetMiandetta TAS 7310
Property Details for 42 Appledore St, Miandetta
Last Listing description (April 2019)
Knight Frank is pleased to offer for sale, a prominent asset, subject to a strong lease covenant to a leading Tasmania based construction company, Vos Construction & Joinery Pty Ltd. 42 Appledore Street, Miandetta (a suburb of Devonport) provides a well-positioned workshop and office facility, established on a significant land parcel of some 5,554 sqm (approx).
The property is ideal for investors seeking a fully leased, strategically positioned, workshop and office facility, situated on a valuable landholding which has identifiable 'future-use'?? development potential (STCA) provided by its zoning as 'General Residential' under the Devonport Interim Planning Scheme 2013.
- A dominant location close to Devonport and major road networks
- Fully leased on a 5+5 year term commenced 1 November 2017
- Lessee pays all statutory outgoings. Council rates; Land Tax (single holding), Taswater.
- Current net passing income $122,186.91 (before owner's outgoings)
- A 'General Residential' landholding with identifiable 'future-use' development potential (STCA)
For further details or to inspect, please contact Nicholas Bond or David Webster of Knight Frank.
Property History for 42 Appledore St, Miandetta, TAS 7310
- 16 Sep 2024Sold for $1,465,000
- 25 Feb 2019Sold for $1,250,000
- 16 Nov 2018Listed for Sale Not Disclosed
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About Miandetta 7310
The size of Miandetta is approximately 1.7 square kilometres. It has 6 parks covering nearly 15.4% of total area. The population of Miandetta in 2016 was 1852 people. By 2021 the population was 1822 showing a population decline of 1.6% in the area during that time. The predominant age group in Miandetta is 60-69 years. Households in Miandetta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Miandetta work in a trades occupation.In 2021, 73.40% of the homes in Miandetta were owner-occupied compared with 71.60% in 2016.
Miandetta has 863 properties. Over the last 5 years, Houses in Miandetta have seen a 68.30% increase in median value, while Units have seen a 49.96% increase. As at 31 March 2026:
- The median value for Houses in Miandetta is $608,877 while the median value for Units is $466,603.
- Houses have a median rent of $490 while Units have a median rent of $450.
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