FOR SALE

115 Wilson Street
Burnie TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 504m2
Land area: 504m2
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Property Details for 115 Wilson St, Burnie

Building Type
Commercial
Year Built
1966
Floor Size
504m2
Land Size
504m2
Local Government
Burnie
Lot/Plan
1/125838

Last Listing description (October 2023)

- Outstanding high profile location with Burnie's new courthouse development proposed for across the street, with first class quality fit out
- National firm tenancy since 2006
- Net income $92,979 excl GST

- Tenant pays all outgoings, including municipal rates, water and land tax
- Annual rent review
- Building and land 504 sqm

The property consists of a formal reception and waiting area, large board room and multiple meeting rooms, offices throughout, kitchen and lunch room, bathroom facilities all of which are in excellent condition as the property was extensively refurbished primarily at the tenants expense.

While we use all reasonable endeavours to verify the information contained herein, we cannot guarantee that it is entirely accurate. The information provided is obtained through various sources, all of which we consider to be reliable however given the nature of 'buyer beware' in Tasmania, it is recommended that prospective purchasers conduct their own investigations in addition to information provided to them by the agency.

Property History for 115 Wilson St, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$515,000
13 Jan 2005
  • 19 Oct 2023
    Listed for Sale $1,400,000
  • 13 Jan 2005
    Sold for $515,000
  • 24 Jul 1997
    Sold for $325,000

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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 868 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 1 property listed for rent in Burnie on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Burnie.

Suburb Insights for Burnie 7320

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.