93 - 95 Wilson Street,
Burnie, TAS 7320
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Elders Real Estate - Devonport
4 Stewart StreetDEVONPORT, TAS 7310
93 - 95 Wilson Street
Burnie, TAS 7320
Map of 93 - 95 Wilson Street
Fully Leased ASX Backed Investment - Westpac Burnie
- Westpac - top 5 ASX listed company
- Five year lease to 2027 + Option
- Estimated Net income $98,248 pa
Elders Commercial are pleased to offer 93 - 95 Wilson Street, Burnie, Tasmania for sale by Private Treaty at $1,365,000 + GST (if applicable).
Leased to Westpac, a top 5 ASX listed company with a market cap of 133.33* billion and situated in the heart of the Burnie CBD, this asset provides a perfect mix of quality lease covenant and highly identifiable, ‘main street’ CBD exposure.
• Five-year lease to June 2027, plus tenant option to 2032
• Net lease structure (excludes land tax)
• Westpac pays rates, water and building insurance
• Annual 3.00% fixed increases, market review at option
• Highly visible 654 sqm * 'main street' branch
• Next closest Westpac branch ~ 47.5* km east in Devonport
• Estimated Net income $98,248.86* pa excl. GST (before owners outgoings)
For further information or to arrange an inspection, please contact Clinton O'Keefe or Nicholas Bond.
*Approximately
Leased to Westpac, a top 5 ASX listed company with a market cap of 133.33* billion and situated in the heart of the Burnie CBD, this asset provides a perfect mix of quality lease covenant and highly identifiable, ‘main street’ CBD exposure.
• Five-year lease to June 2027, plus tenant option to 2032
• Net lease structure (excludes land tax)
• Westpac pays rates, water and building insurance
• Annual 3.00% fixed increases, market review at option
• Highly visible 654 sqm * 'main street' branch
• Next closest Westpac branch ~ 47.5* km east in Devonport
• Estimated Net income $98,248.86* pa excl. GST (before owners outgoings)
For further information or to arrange an inspection, please contact Clinton O'Keefe or Nicholas Bond.
*Approximately
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
Elders Real Estate - Devonport4 Stewart Street
DEVONPORT, TAS 7310
DEVONPORT, TAS 7310
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