10-11 Bass Highway,
Burnie, TAS 7320
Warehouse, Factory & Industrial
Key property information
Floor area
Zoning
Tenure type
Sold on
Map of 10-11 Bass Highway
INVESTMENT
INTRODUCTION
Raine & Horne Hobart is delighted to offer For Sale a prize industrial investment situated at the eastern entrance to the city of Burnie.
Comprising an Equipment Hire Depot leased to Sherrin Hire Pty Ltd now trading as Boom Sherrin, the property represents a versatile industrial complex with a new 5 year lease covenant and significant development potential at lease end.
Features include:
* Major industrial site (4212m) surrounded by leading businesses
* Versatile improvements suited to a range of occupiers
* Convenient heavy vehicle access and traffic flow through the property
* Ample on site parking
* New 5 year lease term to the sitting national tenant
* Includes vacant rear land with a separate Right of Way access for future development at lease end
In short, the property is highly recommended to the passive property investor or those looking to add value through further development at lease end.
Raine & Horne Hobart have been instructed by the Vendor to offer the property For Sale by Private Treaty subject to the existing lease.
Price $470,000 exclusive of GST.
Raine & Horne Hobart is delighted to offer For Sale a prize industrial investment situated at the eastern entrance to the city of Burnie.
Comprising an Equipment Hire Depot leased to Sherrin Hire Pty Ltd now trading as Boom Sherrin, the property represents a versatile industrial complex with a new 5 year lease covenant and significant development potential at lease end.
Features include:
* Major industrial site (4212m) surrounded by leading businesses
* Versatile improvements suited to a range of occupiers
* Convenient heavy vehicle access and traffic flow through the property
* Ample on site parking
* New 5 year lease term to the sitting national tenant
* Includes vacant rear land with a separate Right of Way access for future development at lease end
In short, the property is highly recommended to the passive property investor or those looking to add value through further development at lease end.
Raine & Horne Hobart have been instructed by the Vendor to offer the property For Sale by Private Treaty subject to the existing lease.
Price $470,000 exclusive of GST.
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
03 6231 00...
10-11 Bass Highway
Burnie, TAS 7320
Raine & Horne - Hobart119 Harrington Street
HOBART, TAS 7000
HOBART, TAS 7000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
