OFF MARKET

93-95 Wilson Street
Burnie TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 706m2
Land area: 786m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 93-95 Wilson St, Burnie

Building Type
Commercial
Year Built
1989
Floor Size
706m2
Land Size
786m2
Local Government
Burnie
Lot/Plan
1/36686

Last Listing description (November 2023)

Knight Frank is pleased to offer 93 - 95 Wilson Street, Burnie, Tasmania for sale by Private Treaty at $1,400,000 + GST (if applicable). Leased to Westpac, a top 5 ASX listed company with a market cap of 76.46* billion and situated in the heart of the Burnie CBD, this asset provides a perfect mix of quality lease covenant and highly identifiable, 'main street' CBD exposure.

Renewed five-year lease to June 2027, plus tenant option to 2032
Net lease structure (excludes land tax)

Westpac pays rates, water and building insurance
Annual 3.00% fixed increases, market review at option
Highly visible 654 sqm * 'main street' branch
Incorporates retail and business banking services
Key branch servicing the CBD and large rural catchment
Next closest Westpac branch ~ 47.5* km east in Devonport
Estimated Net income $93,082.13 pa excl. GST (before owners outgoings)

For further information or to arrange an inspection, please contact Clinton O'Keefe or Nicholas Bond of Knight Frank.

Show More

Property History for 93-95 Wilson St, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$590,000
12 May 2000
  • 20 Sep 2023
    Listed for Sale $1,400,000 + GST (if applicable)
  • 12 May 2000
    Sold for $590,000
  • 14 Dec 1988
    Sold for $125,000

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.

Burnie Profile Page

Suburb Insights for Burnie 7320

Visit Burnie profile page
Market Insights
Burnie Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Burnie Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Burnie profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED