93-95 Wilson StreetBurnie TAS 7320
Property Details for 93-95 Wilson St, Burnie
Last Listing description (November 2023)
Knight Frank is pleased to offer 93 - 95 Wilson Street, Burnie, Tasmania for sale by Private Treaty at $1,400,000 + GST (if applicable). Leased to Westpac, a top 5 ASX listed company with a market cap of 76.46* billion and situated in the heart of the Burnie CBD, this asset provides a perfect mix of quality lease covenant and highly identifiable, 'main street' CBD exposure.
Renewed five-year lease to June 2027, plus tenant option to 2032
Net lease structure (excludes land tax)
Annual 3.00% fixed increases, market review at option
Highly visible 654 sqm * 'main street' branch
Incorporates retail and business banking services
Key branch servicing the CBD and large rural catchment
Next closest Westpac branch ~ 47.5* km east in Devonport
Estimated Net income $93,082.13 pa excl. GST (before owners outgoings)
For further information or to arrange an inspection, please contact Clinton O'Keefe or Nicholas Bond of Knight Frank.
Property History for 93-95 Wilson St, Burnie, TAS 7320
- 20 Sep 2023Listed for Sale $1,400,000 + GST (if applicable)
- 12 May 2000Sold for $590,000
- 14 Dec 1988Sold for $125,000
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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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