FOR SALE
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3 Gilbert Street
Burnie TAS 7320

Bedrooms: 16
Bathrooms: 8
Car spaces: 12
Floor area: 337m2
Land area: 1064m2
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Exceptional Investment Opportunity: 3 Gilbert Street, Burnie

Welcome to 3 Gilbert Street, Burnie - an outstanding property offering spectacular ocean views and a versatile investment opportunity in the heart of Tasmania's vibrant coastal town. This well-maintained complex comprises 8 modern apartments, each thoughtfully designed for comfort and convenience. Whether you're seeking long-term tenants, looking to capitalize on the growing demand for short-stay accommodations, or aiming to operate a successful Airbnb, this property offers flexibility to suit your goals.
Property Features:
• Spacious Apartments: Each unit features 2 comfortable bedrooms, 1 modern bathroom, and 1 off-street parking space, making them ideal for singles, couples, or small families.
• Flexible Use Options: Perfect for long-term tenancies, Airbnb, or short-term accommodations, ensuring multiple income streams and maximizing occupancy rates.
• Disabled-Friendly Unit 1: One of the apartments is designed with accessibility in mind, featuring wider doorways and a fully accessible bathroom, ensuring inclusivity for all potential tenants or guests.
• Two Stand-Alone Laundries: The complex includes two separate laundry facilities, providing added convenience for residents or guests and reducing the need for in-unit laundry appliances.
• Prime Location: Located just minutes from Burnie's bustling town center, residents or guests will enjoy easy access to local shops, cafes, beaches, and public transport, offering the best of both lifestyle and convenience.
• Off-Street Parking: Every apartment includes secure off-street parking, adding to the property's appeal for tenants and short-stay guests alike.
• Low maintenance: Full double bricked through out the entire building with a colorbond roof.
• North Facing: Watch a beautiful sunrise and capture the natural light all day.
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Property Details for 3 Gilbert St, Burnie

3 Gilbert St, Burnie is a 16 bedroom, 8 bathroom BlockOfUnits with 12 parking spaces. The property has a land size of 1064m2 and floor size of 337m2. The place is currently for sale with Roberts Real Estate Burnie.

Building Type
BlockOfUnits
Floor Size
337m2
Land Size
1064m2

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About Burnie 7320

The size of Burnie is approximately 1.4 square kilometres. It has 3 parks covering nearly 7.6% of total area. The population of Burnie in 2011 was 696 people. By 2016 the population was 616 showing a population decline of 11.5% in the area during that time. The predominant age group in Burnie is 60-69 years. Households in Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Burnie work in a professional occupation. In 2011, 43.8% of the homes in Burnie were owner-occupied compared with 46.3% in 2016.

Burnie has 867 properties. Over the last 5 years, Houses in Burnie have seen a 80.04% increase in median value, while Units have seen a 64.00% increase. As at 31 October 2024:

  • The median value for Houses in Burnie is $455,105 while the median value for Units is $341,956.
  • Houses have a median rent of $370 while Units have a median rent of $278.
There are currently 13 properties listed for sale, and no properties listed for rent in Burnie on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Burnie.

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Jake Hedrick
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