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269 Kennedy Drive, Cambridge TAS 7170

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$2.75M - $3M Medium Confidence Calculated based on our search observations.

Land 6.18 acres

Listed: 16 days ago

Updated: 2 hours ago

Overview

Situated within one of Southern Tasmania’s most rapidly expanding industrial hubs, this premium property at 269 Kennedy Drive offers an exceptional opportunity for substantial industrial development. Boasting a significant landholding of approximately 2.5 hectares, the site uniquely combines extensive Light Industrial zoned land alongside adjoining waterfront and open space, providing a rare blend of operational versatility and appealing natural outlooks.

The Light Industrial zoned portion of around 1.5 hectares presents a well-positioned platform ideal for the construction of warehousing, logistics, or trade and service industry premises. This land also lends itself to storage and distribution centers, industrial investment developments, or the establishment of owner-occupier headquarters and business operations, subject to council approval (STCA). Complementing this, the adjoining 1 hectare waterfront area adds further operational options, potentially accommodating vehicle circulation, staff and visitor parking, landscaping, stormwater infrastructure, and other ancillary uses, enhancing the property's functional capacity.

Key advantages of the site include significant frontage and exposure along Kennedy Drive, which increases accessibility and visibility, as well as excellent connectivity to major transport infrastructure including Hobart Airport, Tasman Highway, and the Hobart CBD. The waterfront aspect is a noteworthy premium seldom available within industrial precincts, creating further value for prospective developers, investors, or owner-occupiers looking to establish a landmark industrial facility in a market characterized by limited availability of larger parcels.

Cambridge has established itself as Tasmania’s premier industrial and logistics center due to airport-related growth and ongoing infrastructure investment, making this property especially attractive in a constrained supply environment. The existing warehouse development approval, valid until November 2026, reinforces the potential for rapid commencement of projects, further appealing to buyers prepared to seize this rare market opportunity.

Local Market Insights

In Cambridge, Quiet Listings observed 3 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $1,725,000. The property type mix of listed properties is predominantly Houses at 73%, followed by land (27%). The most active agency for land in the Cambridge area is currently Harcourts, representing 33% of new listings, followed by Fall Real Estate with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.