17-19 Wilmot StreetBurnie TAS 7320
Property Details for 17-19 Wilmot St, Burnie
Last Listing description (October 2018)
17-19 Wilmot Street offers a well located retail building currently occupied by Maggie's Cards and Gifts on monthly lease paying $1,968.18 per month ($23,618.18 p/a) plus GST and Outgoings. The building is located adjacent to the side entrance of City Square which is next to Wilkinson s Pharmacy (trading 7 days). Wilmot Street provides access to a mix of office, retail and retail services and is well linked to Wilson Street.
Situated on a site of 176.6 sqm, the property comprises a strata concrete shop with glass and aluminum shopfront. The shop is split level with a total gross building area of 160 sqm (approx.).
17-19 Wilmot Street is ideal for investors seeking a CBD property in a high profile retail location with significant passing traffic, offering a current passing return (after building insurance $1,046 p/a) of approximately $22,572 per annum.
Property History for 17-19 Wilmot St, Burnie, TAS 7320
- 16 Aug 2018Sold for $235,000
- 12 Dec 2017Listed for Sale $245,000 + GST (if applicable)
- 11 Jan 1996Sold for $163,000
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0About 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 866 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.
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