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Prized CBD Investment

52-54 Wilson Street, BURNIE TAS, 7320

For Sale

Property for Sale in 52-54 Wilson Street, BURNIE TAS, 7320

Knight Frank Tasmania (Devonport)

48-54 Oldaker Street, Devonport, TAS 7310

Listing ID:
11368905
Status:
Active
For:
Sale
Price:
$1,150,000 + GST (if Applicable)
Last Updated:
27/02/2020
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

480 SQM
Icon parking

Parking

N/A

Prized CBD Investment

This property presents an outstanding opportunity to purchase a slice of Burnie’s CBD that is 100% leased to a well-established retailer ‘Not Just Books’, which has traded from this site under two owners since 2006.

The property is superbly located in Burnie’s main street ‘Wilson Street’, set within many CBD buildings, car parking, local/national retailers and public facilities. The building provides a wide frontage (circa 9.5m) to Wilson Street with a modern and well-proportioned layout.

The property is offered with a 5+5+5 year lease in place from 1 July 2018, generating an estimated net income of $85,284 p/a.

Investors will benefit from the excellent return being generated by this core CBD freehold property.

For more detail or to inspect, please contact Nicholas Bond of Knight Frank.

For more details, please email agent

Knight Frank Tasmania (Devonport)

48-54 Oldaker Street, Devonport, TAS 7310


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