OFF MARKET

54 Marine Terrace
South Burnie TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 904m2
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Property Details for 54 Marine Tce, South Burnie

Building Type
Commercial
Land Size
904m2
Local Government
Burnie
Lot/Plan
1/170719

Last Listing description (August 2023)

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.

Property History for 54 Marine Tce, South Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$900,000
18 Oct 2019
Listed for Rent
$68k/w
27 Nov 2023
  • 15 Jun 2023
    Listed for Rent - Price not available
  • 14 Dec 2021
    Listed for Rent - Price not available
  • 18 Oct 2019
    Sold for $900,000

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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.