17 Main RoadWivenhoe TAS 7320
Property Details for 17 Main Rd, Wivenhoe
Last Listing description (April 2021)
Secure 7 year lease to 2026 plus two (2) further five (5) year options to 2036.
Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $97 million**.
FY21 Sales up 18.2%.
Prominent Main Road position Bunnings, Mitre 10, Reece Plumbing and Impact fertilisers all within 1km*.
Guaranteed rental growth with annual fixed 3% rent increases.
Net lease, tenant responsible for council rates, land tax and insurances according to the lease.
Burnie: Second largest City on North West TAS, major service centre for 100,000+ people.
Commsec ranks Tasmania as Australia best performing economy in key indicators***.
Net Rent $71,823* pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 31 March 2021
Southbank, Crown Casino, Melbourne
2 other Nubco- Coventry Group Ltd freehold investments also available.
Contact sales team for more details.
**Coventry Group Ltd
***Clarence City Council
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 17 Main Rd, Wivenhoe, TAS 7320
- 31 Mar 2021Sold for $1,250,000
- 04 Mar 2021Listed for Sale Price on Request
- 26 Apr 2002Sold for $901,000
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0About Wivenhoe 7320
The size of Wivenhoe is approximately 1.5 square kilometres. It has 5 parks covering nearly 39.9% of total area. The population of Wivenhoe in 2011 was 450 people. By 2016 the population was 223 showing a population decline of 50.4% in the area during that time. The predominant age group in Wivenhoe is 50-59 years. Households in Wivenhoe are primarily single parents and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Wivenhoe work in a sales workers occupation. In 2011, 74% of the homes in Wivenhoe were owner-occupied compared with 54% in 2016.
Wivenhoe has 231 properties. Over the last 5 years, Houses in Wivenhoe have seen a 86.52% increase in median value. As at 31 October 2024:
- The median value for Houses in Wivenhoe is $391,648 while the median value for Units is $140,665.
- Houses have a median rent of $230.
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