35-37 Mount StreetBurnie TAS 7320
Property Details for 35-37 Mount St, Burnie
Last Listing description (November 2025)
Situated in a high-visibility position in the heart of Burnie's retail and business precinct, 35-37 Mount Street offers investors a blue-chip commercial holding underpinned by a nationally recognised tenant and long-term lease security.
This substantial two-level property forms part of the Burnie Plaza Arcade complex, fronting bustling Mount Street and benefitting from consistent pedestrian and vehicle exposure.
Investment Highlights:
- Fully leased to a national pharmacy operator with long trading history
- Currently returning $157,379pa (approximate)
- Tenant pays 100% of outgoings
- Annual CPI rent reviews and market reviews at each option renewal
- Zoned Central Business
Strategic Location: Just minutes from Burnie's foreshore, the University of Tasmania campus, and major retail destinations, the property benefits from strong pedestrian flow, public parking access, and proximity to key amenities.
Purchase Options: Set across three purchase options, there is an opportunity to purchase 33 Mount Street, 35-37 Mount Street, and 42-44 Wilson Street, offering scope for future expansion, redevelopment, or portfolio consolidation in Burnie's commercial core.
For further information or to request a copy of the Information Memorandum, contact Sarah Elphinstone at Harcourts Burnie.
*Harcourts 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. All measurements are approximate. *
Property History for 35-37 Mount St, Burnie, TAS 7320
- 20 Nov 2025Listed for Sale Best Offer Over $2,000,000
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0About Burnie 7320
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 857 properties. Over the last 5 years, Houses in Burnie have seen a 73.55% increase in median value, while Units have seen a 56.50% increase. As at 30 November 2025:
- The median value for Houses in Burnie is $479,416 while the median value for Units is $362,589.
- Houses have a median rent of $385 while Units have a median rent of $330.
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