29 Main Road, Wivenhoe, TAS 7320 | Commercial for sale | OnTheHouse
 
FOR SALE
Private Treaty

29 Main Road
Wivenhoe TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 658m2
Land area: 1411m2
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Multi-tenanted Investment - Strong net return

RWC Tasmania jointly with Elders Commercial are pleased to offer to the market this multi-tenanted, mixed-use investment located in Wivenhoe, in Tasmania's thriving North West region.
The property is 100% leased to four (4) mixed-use tenants, anchored by well-known local hospitality operator, Leonardoz. The property has a passing net rental of $152,942* + GST, with tenants responsible for all statutory outgoings and building insurance.
Key Property Highlights:
+ Substantial 1,411sqm* 'Local Business' allotment, with dual street access, 22* on-site car parks and key Bass Highway Exposure.
+ Diverse mix of tenant's - Restaurant (Leonardoz), Hair Salon (Immerse Hair Studio), Chiropractor (Burnie Bayside Chiropractic) and a Residential apartment, all contained with a gross building area of 658sqm*
+ Net income of $152,942* per annum + GST with all commercial tenants on annual fixed 5% increases providing guaranteed rental growth.
+ Net leases - Commercial tenants pays all council rates, land tax, TasWater and building insurance.
+ Premium main road location with excellent exposure, surrounded by Bunnings, Nubco, Reece Plumbing, residential and various mixed-use assets (all within 2km*)
+ Burnie: Second largest City on the North-West of Tasmania and home to one of the State's key deep-water ports and Tasmania's largest general cargo port.
* Approx

Property Details for 29 Main Rd, Wivenhoe

Building Type
Commercial
Floor Size
658m2
Land Size
1411m2
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About 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 2016 was 220 people. By 2021 the population was 235 showing a population growth of 6.8% in the area during that time. The predominant age group in Wivenhoe is 50-59 years. Households in Wivenhoe are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Wivenhoe work in a labourer occupation.In 2021, 59.30% of the homes in Wivenhoe were owner-occupied compared with 54.00% in 2016.

Wivenhoe has 225 properties. Over the last 5 years, Houses in Wivenhoe have seen a 79.33% increase in median value. As at 30 November 2025:

  • The median value for Houses in Wivenhoe is $422,573 while the median value for Units is $425,447.
There are currently 1 property listed for sale, and 1 property listed for rent in Wivenhoe on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Wivenhoe.

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Trevor Fox
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Claude Alcorso
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