1/36 Wellington StreetSouth Burnie TAS 7320
Property Details for 1/36 Wellington St, South Burnie
Last Listing description (October 2018)
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
- 3.00% annual rental increases
- Gross Building Area 328 sqm (approx.)
- Land area 333 sqm (approx.)
Unit 1 32 to 36 Wellington Street (also known as 10 Hopkinson Street) is offered for sale at $200,000 + GST. (if applicable). To inspect this property or receive additional information, please contact Nicholas Bond of Knight Frank.
Property History for 1/36 Wellington St, South Burnie, TAS 7320
- 11 Sep 2018Sold for $200,000
- 01 Aug 2018Listed for Rent $16,000 / year
- 16 May 2018Listed for Rent $16,000 / year
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0About South Burnie 7320
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:
- The median value for Houses in South Burnie is $406,002 while the median value for Units is $343,330.
- Houses have a median rent of $410.
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