Located within the well-known and popular South Burnie commercial precinct, this property has good access to major arterial roads including the Bass Highway. The building comprises a concrete block and metal clad warehouse with office, storeroom, tearoom, toilet and wash bay and is in an ideal location close to the highway and the CBD. A new tenant has recently been secured on the following terms -
- 3 years from 15 August 2018
- 3 year option period
The size of South Burnie is approximately 1.7 square kilometres. It has 4 parks covering nearly 4.5% of total area. The population of South Burnie in 2011 was 366 people. By 2016 the population was 317 showing a population decline of 13.4% in the area during that time. The predominant age group in South Burnie is 50-59 years. Households in South Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Burnie work in a professional occupation. In 2011, 70% of the homes in South Burnie were owner-occupied compared with 68.1% in 2016.
South Burnie has 335 properties. Over the last 5 years, Houses in South Burnie have seen a 84.95% increase in median value, while Units have seen a 57.65% increase. As at 31 October 2024:
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