203 Mount Street, Upper Burnie, TAS 7320 | Commercial for sale | OnTheHouse
FOR SALE
$880,000

203 Mount Street
Upper Burnie TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
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Multi-Tenant Investment 6.6% yield

We are please to bring to the market this multi-tenant commercial investment opportunity. Comprising of three commercial tenancies and one residential tenancy the property offers a good spread of risk across the title. This site has access from the rear and affords off-street parking for all the tenants in question. The tenancy mix is one resident, a popular Thai restaurant, a modern laundromat, and a work shed of approx. 150m2 at the rear.
• Land size: 1,062m2 (approx.)
• Building size 179m2 (approx.)
• Work shed 150m2 (approx.)
• Total nett income: $57,912.96
• Approx yield based on asking price: 6.6%
• High exposure
• Off-Street parking
• Single title
• Copies of leases available upon application

Property Details for 203 Mount St, Upper Burnie

Building Type
Commercial
Floor Size
140m2
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About Upper Burnie 7320

The size of Upper Burnie is approximately 1.2 square kilometres. It has 1 park covering nearly 6.9% of total area. The population of Upper Burnie in 2016 was 1821 people. By 2021 the population was 1891 showing a population growth of 3.8% in the area during that time. The predominant age group in Upper Burnie is 60-69 years. Households in Upper Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Upper Burnie work in a trades occupation.In 2021, 57.40% of the homes in Upper Burnie were owner-occupied compared with 56.70% in 2016.

Upper Burnie has 980 properties. Over the last 5 years, Houses in Upper Burnie have seen a 78.89% increase in median value, while Units have seen a 65.00% increase. As at 31 October 2025:

  • The median value for Houses in Upper Burnie is $428,571 while the median value for Units is $353,413.
  • Houses have a median rent of $410 while Units have a median rent of $320.
There are currently 3 properties listed for sale, and no properties listed for rent in Upper burnie on OnTheHouse. According to Cotality's data, 50 properties were sold in the past 12 months in Upper burnie.

Suburb Insights for Upper Burnie 7320

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Alan Halliwell
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Halliwell Property Agents Pty Ltd
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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.