OFF MARKET

51 Marine Terrace
South Burnie TAS 7320

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 278m2
Land area: 809m2
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Property Details for 51 Marine Tce, South Burnie

Building Type
Commercial
Floor Size
278m2
Land Size
809m2
Local Government
Burnie
Lot/Plan
1/101890

Last Listing description (May 2015)

This 65m2 commercial building is located on the corner of Marine Terrace and Ladbrooke Street. Inside contains a roomy open space with a storage area, kitchenette and toilet facility. The property is well suited to owner occupiers looking for business exposure, investors searching for an affordable, freehold property and developers on the lookout for outstanding value. Currently operating as retail shop but has further scope to be utilised in the office or even medical professions. This great opportunity should not be missed! For further information, please contact Tim Barrett.

Property History for 51 Marine Tce, South Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$550,000
20 Jun 2023
  • 20 Jun 2023
    Sold for $550,000
  • 25 Jan 2013
    Listed for Sale Make An Offer
  • 12 Jul 2012
    Listed for Sale $129,000
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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 84.86% increase in median value, while Units have seen a 67.55% increase. As at 31 July 2024:

  • The median value for Houses in South Burnie is $394,543 while the median value for Units is $337,429.
  • 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, 11 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.