OFF MARKET

29 Wilmot Street
Burnie TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 316m2
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Property Details for 29 Wilmot St, Burnie

Building Type
Commercial
Year Built
1938
Land Size
316m2
Local Government
Burnie
Lot/Plan
1/52717

Last Listing description (October 2023)

Knight Frank is pleased to present an upcoming retail leasing opportunity, centrally positioned in Burnie's CBD.

Shop 1, 29 Wilmot Street comprises a north facing retail premises and benefits from at grade access and large window display areas. To the rear of the main showroom area sits a number of private changerooms, storeroom and staff area. Toilet amenities and additional storage is available on the upper floor, via secure access.

The store offers a fantastic opportunity to secure a centrally located shopfront, complete with a good quality apparel based fitout, providing significant initial cost savings to an incoming tenant.

The premises will be available from late July 2023 and all inspections are strictly by appointment only.

Property History for 29 Wilmot St, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$525,000
28 Jul 1997
Listed for Rent
$33k/w
11 Oct 2023
  • 18 May 2023
    Listed for Rent - Price not available
  • 28 Jul 1997
    Sold for $525,000

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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 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.
There are currently 11 properties listed for sale, and no properties listed for rent in Burnie on OnTheHouse. According to CoreLogic's data, 29 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.