OFF MARKET

2 Mount Street
Burnie TAS 7320

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 470m2
Land area: 860m2
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Property Details for 2 Mount St, Burnie

Building Type
Commercial
Year Built
1958
Floor Size
470m2
Land Size
860m2
Local Government
Burnie
Lot/Plan
1/252698

Last Listing description (November 2024)

Harcourts Burnie on behalf of the Vendors are pleased to present a rare commercial opportunity in 2 Mount Street, Burnie.

In a prime position across from Burnie's iconic waterfront sits this investment opportunity on a large 878sqm corner block. Currently consisting of three commercial tenancies and one residential, this is a rare offering in the Burnie CBD.


Features Include:
Total floor area of approximately 602sqm across two levels
All tenancies are separately power metered
Current Income across all tenancies approximately $101,000pa + outgoings
Current zoning is Central Business
Three, high profile commercial tenancies on the ground floor
One tenanted residential on the second floor with dual access
Residential consisting of three bedrooms, one bathroom, open plan living
Stunning ocean views from all tenancies
High profile corner block with available tenancy parking options
Large amount of foot traffic between the Burnie foreshore and the CBD

For a copy of the full information memorandum please contact either Sarah or Maddison today!

*Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.*

Property History for 2 Mount St, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$325,000
10 Dec 1999
Listed for Rent
$450/w
07 Mar 2023
  • 09 Sep 2024
    Listed for Sale Best Offer Over $1,400,000
  • 10 Feb 2023
    Listed for Rent $450 / week
  • 10 Dec 1999
    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 14 properties listed for sale, and 1 property listed for rent in Burnie on OnTheHouse. According to CoreLogic's data, 27 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.