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Elders Real Estate - Devonport

52-54 Wilson Street Burnie, TAS 7320

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52-54 Wilson Street,
Burnie, TAS 7320

Shops & Retail

Key property information

Floor area

Zoning

Tenure type

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Elders Real Estate - Devonport
Rob Dixon
Nicholas Bond

Elders Real Estate - Devonport

4 Stewart Street
DEVONPORT, TAS 7310
Elders Real Estate - Devonport
52-54 Wilson Street
Burnie, TAS 7320

Map of 52-54 Wilson Street

Directions

Prized CBD Investment

This property presents an outstanding opportunity to purchase a slice of Burnie’s CBD that is 100% leased to a well-established retailer ‘Not Just Books’, which has traded from this site under two owners since 2006.

The property is superbly located in Burnie’s main street ‘Wilson Street’, set within many CBD buildings, car parking, local/national retailers and public facilities. The building provides a wide frontage (circa 9.5m) to Wilson Street with a modern and well-proportioned layout.

The property is offered with a 5+5+5 year lease in place from 1 July 2018, generating an estimated net income of $85,284 p/a.

Investors will benefit from the excellent return being generated by this core CBD freehold property.

For more detail or to inspect, please contact Nicholas Bond of Knight Frank.

Burnie, 7320 demographic data

The median household income for Burnie is $1,064, 13% lower than Regional Tasmania's household income of $1,225. Burnie has a younger age profile compared to the rest of Regional Tasmania (median age 42 vs 45). Property ownership data shows 34% of property owners in Burnie have a mortgage.

693
Population
$1,064 per week
Median household income
42 years
Median age
Renters
Most residents
Singles
Most households

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