OFF MARKET

74-76 Mount Street
Burnie TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 153m2
Land area: 1482m2
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Property Details for 74-76 Mount St, Burnie

Building Type
Commercial
Year Built
1979
Floor Size
153m2
Land Size
1482m2
Local Government
Burnie
Lot/Plan
1/145970

Last Listing description (July 2018)

Brand new 15 year lease to 2032 plus options to 2052Rare triple net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediationGuaranteed rental growth with attractive 3% increases annuallyHigh profile corner site of 1,479 sqm with dual frontage and exposureFully refurbished in 2011, improvements comprising convenience store, attached dual canopy and underground fuel infrastructureAbsolute prime gateway location to Burnie CBD amongst McDonalds, Target, Burnie Plaza anchored by Coles & Kmart, plus surrounding Government agencies and national retailersMount Street: Burnies major thoroughfare with significant passing traffic linking residential growth areas and the CBDBurnie: Tasmanias fourth largest city with an estimated population catchment in excess of 50,000 and home to the largest cargo portRent: $240,000 pa

Property History for 74-76 Mount St, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$500,000
19 Dec 2006
  • 09 Jul 2018
    Listed for Sale Price on Request
  • 03 Oct 2017
    Listed for Sale Not Disclosed
  • 19 Dec 2006
    Sold for $500,000

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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.