59 Strahan Street, South Burnie, TAS 7320 | House for sale | OnTheHouse
FOR SALE
$599,000

59 Strahan Street
South Burnie TAS 7320

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 228m2
Land area: 493m2
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MIXED TENANCY INVESTMENT - 6.5% RETURN!

Situated in the heart of South Burnie's commercial precinct,
59 Strahan Street presents a unique opportunity to acquire a fully tenanted, mixed-use property with a robust return. This versatile asset comprises:
Residential Component: A two-bedroom residence offering steady rental income.
Commercial Frontages: Two prominent shopfronts with high visibility, catering to established local businesses.
Signage Tenancies: Two dedicated signage spaces providing additional revenue streams.
The property's strategic location ensures consistent foot and vehicular traffic, enhancing its appeal to both tenants and investors.
Positioned directly across from Bunnings Warehouse and on the same block as the proposed Woolworths development, this property is set to benefit from significant infrastructural growth in the area.
Woolworths Development: A $20 million investment is proposed for a new Woolworths supermarket on Marine Terrace, encompassing approximately 4,000 square meters of retail space. This development is anticipated to be completed in the 2026–2027 financial year, further boosting the area's commercial appeal.
These developments are expected to increase consumer traffic and demand for retail and residential spaces in the vicinity, potentially enhancing property values and rental yields.
DISCLAIMER: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters

Property Details for 59 Strahan St, South Burnie

59 Strahan St, South Burnie is a 2 bedroom, 1 bathroom House. The property has a land size of 493m2 and floor size of 228m2. The place is currently for sale with Elders Real Estate Burnie.

Building Type
House
Floor Size
228m2
Land Size
493m2
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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 2016 was 331 people. By 2021 the population was 348 showing a population growth of 5.1% in the area during that time. The predominant age group in South Burnie is 30-39 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 community and personal service occupation.In 2021, 69.20% of the homes in South Burnie were owner-occupied compared with 68.10% in 2016.

South Burnie has 333 properties. Over the last 5 years, Houses in South Burnie have seen a 86.55% increase in median value, while Units have seen a 40.16% increase. As at 30 November 2025:

  • The median value for Houses in South Burnie is $452,187 while the median value for Units is $366,747.
  • Houses have a median rent of $410.
There are currently 2 properties listed for sale, and no properties listed for rent in South burnie on OnTheHouse. According to Cotality's data, 15 properties were sold in the past 12 months in South burnie.

Suburb Insights for South Burnie 7320

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Jo Walker
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Elders Real Estate Burnie
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.