OFF MARKET

16-18 Wellington Street
South Burnie TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 376m2
Land area: 812m2
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Property Details for 16-18 Wellington St, South Burnie

Building Type
Commercial
Year Built
2004
Floor Size
376m2
Land Size
812m2
Local Government
Burnie
Lot/Plan
1/141033

Last Listing description (December 2016)

ARGUABLY ONE OF SOUTH BURNIE S MOST WELL FITTED BUILDINGS, THIS PROPERTY IS SUITABLE FOR THE ASTUTE INVESTOR OR AN OWNER-OCCUPIER LOOKING TO ACQUIRE A NEW HIGH QUALITY HOME FOR THEIR BUSINESS.SITUATED ON A SITE OF 812 SQM, THE PROPERTY COMPRISES A MODERN, WELL MAINTAINED BUILDING CONSTRUCTED CIRCA 2004, COMPRISING AN OFFICE AREA OF 183 SQM (APPROX), WITH A WORKSHOP OF 204 SQM (APPROX), MEZZANINE STORAGE, BITUMEN PAVED PARKING AND DUAL ROLLER DOOR ACCESS TO THE WORKSHOP.THE MAIN OFFICE AREA INCLUDES A RECEPTION, FOUR OFFICES, MANAGER S OFFICE, FILE ROOM, BOARDROOM, STAFFROOM/KITCHENETTE, SERVER CUPBOARD, MALE/FEMALE TOILETS AND HALLWAY. THE WORKSHOP AREA COMPRISES AN OPEN PLAN AREA WITH SKYLIGHTS, TWO MOTORISED ROLLER DOORS, A CAGED STORE AREA AND OFFICE WITH MEZZANINE STORAGE ABOVE.THIS WELL-BUILT AND MODERN FACILITY IS LOCATED IN THE HEART OF THE SOUTH BURNIE COMMERCIAL PRECINCT AND WILL BE OFFERED FOR SALE WITH A SUBSTANTIAL FIT OUT AND ASSORTED EQUIPMENT.TO INSPECT THIS PROPERTY OR RECEIVE ADDITIONAL INFORMATION, PLEASE CONTACT KNIGHT FRANK.

Property History for 16-18 Wellington St, South Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$383,000
07 Feb 2017
Listed for Rent
$400k/w
22 Dec 2016
  • 07 Feb 2017
    Sold for $383,000
  • 19 Jan 2017
    Listed for Sale OFFERS OVER $400,000 PLUS GST
  • 22 Dec 2016
    Listed for Sale FOR SALE OFFERS OVER $400,000
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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.