140-142 Mount St, Burnie is a 15 bedroom, 8 bathroom Unit. The property has a land size of 725m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 15 bedroom Unit sold in Burnie in the last 12 months.
Unlock the potential for lucrative returns with this fully tenanted complex, offered as a single investment package. Unlock immediate rental income and strong long-term capital growth! Excellent long term tenants in place. Located in the heart of Hillcrest, the unit complex benefits from close proximity to the Burnie CBD, Upper Burnie shopping, medical facilities, both primary and high schools, recreational activities and public transport almost at your front door. Whether you're a seasoned investor looking to expand your portfolio or a developer seeking your next project, this is a rare opportunity to miss! The building is very solid, maintenance has been kept up with minimal money needed to be spent on the building. Offering a great investment opportunity:
Unit 1, Unit 2, Unit 3 and Unit 4 - Located on the upper level, are all complete with:
2 bedrooms, with built in wardrobes
Spacious separate lounge room
Electric wall heater
Combined kitchen and dining area
Separate laundry with external access
Bathroom consists of a shower over the bath and toilet
Unit 5, Unit 6 and Unit 7 - Located on bottom level, are complete with:
2 bedrooms with built in wardrobes
Combined kitchen, dining and laundry
Electric wall heater
Bathroom consisting of a shower over the bath
Separate toilet
Private fenced backyard
Unit 8 - Located on bottom level consists of:
1 bedroom with a built in wardrobe
Electric wall heater
Combined wet room consisting of bathroom and laundry
Combined kitchen and lounge area
Separate toilet
Location:
Situated just a short drive/ stroll (only 1km!) from Burnie's CBD, the residents benefit from easy access to essential services, including shopping centres, medical facilities, and recreational activities. The location offers convenient access to public transportation, enhancing connectivity for residents without private vehicles! Be quick to seize this outstanding opportunity!
Size:539m2 (approx.)
Land Size: 725m2 (approx.)
Beds: 15
Baths: 8
Year Built: 1960
One Agency Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
The size of Burnie is approximately 1.4 square kilometres. It has 3 parks covering nearly 7.6% of total area. The population of Burnie in 2016 was 596 people. By 2021 the population was 693 showing a population growth of 16.3% in the area during that time. The predominant age group in Burnie is 20-29 years. Households in Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Burnie work in a professional occupation.In 2021, 48.30% of the homes in Burnie were owner-occupied compared with 46.30% in 2016.
Burnie has 858 properties. Over the last 5 years, Houses in Burnie have seen a 74.45% increase in median value, while Units have seen a 68.21% increase. As at 31 January 2026:
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