Tenancy B, 54 Marine Terrace will provide a brand new showroom tenancy within a precinct situated on a major highway approach to the Burnie CBD.
This proposed development located on the corner of Marine Terrace and Hale Street is located within South Burnie's Bulky Goods/Showroom Precinct. With leasing pre-commitments to KFC and Bennett's Petroleum (Mood Food), this development provides one final leasing opportunity of a proposed 253 sqm showroom.
The tenancy to be completed will comprise concrete panel construction, glazed frontage, double glass auto doors and access to a shared highway pylon signage. Internal fit-out can be designed to suit tenant requirements. 23 shared car spaces will be available within the complex. With limited leasing opportunities available in this precinct, building B provides an ideal leasing opportunity amongst two high profile tenants.
For more details, please contact Knight Frank. All details noted for this proposed development are as provided at the time of publication and are subject to change.
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:
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