OFF MARKET

1/36 Wellington Street
South Burnie TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 318m2
Land area: 333m2
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Property Details for 1/36 Wellington St, South Burnie

Building Type
Commercial
Year Built
1974
Floor Size
318m2
Land Size
333m2
Local Government
Burnie
Lot/Plan
1/164949

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

- Rental - $16,000 + GST and Outgoings
- 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

A timeline of how this property has performed in the market
Last Sold
$200,000
11 Sep 2018
Listed for Rent
20 Aug 2018
  • 11 Sep 2018
    Sold for $200,000
  • 01 Aug 2018
    Listed for Rent $16,000 / year
  • 16 May 2018
    Listed for Rent $16,000 / year
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About 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.
There are currently 4 properties listed for sale, and 2 properties listed for rent in South burnie on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in South burnie.

Suburb Insights for South 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.