230 Mount StreetUpper Burnie TAS 7320
Property Details for 230 Mount St, Upper Burnie
Last Listing description (August 2016)
Renewed 20 year lease to 2031 plus options to 2051.
Burnie, a major commercial centre and Tasmania's major port, has an estimated catchment population in excess of 50,000.
Freestanding building of 5,639 sqm, comprising supermarket of 3,989 sqm and 1,650 sqm reserve area, plus a large car park of 195 on title spaces, all fully leased to Woolworths.
Readily accessible location strategically central to Burnie's residential population.
Single tenant easily managed investment property.
Huge income tax saving depreciation benefits.
Net rental: $1,236,483 pa plus GST.
For Sale by Expressions of Interest
Closing 4pm AEDT Wednesday 3 March 2016
Property History for 230 Mount St, Upper Burnie, TAS 7320
- 07 Mar 2016Sold for $18,100,000
- 29 Jan 2016Listed for Sale Not Disclosed
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0About 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 81.99% increase in median value, while Units have seen a 56.83% increase. As at 30 November 2025:
- The median value for Houses in Upper Burnie is $443,994 while the median value for Units is $355,829.
- Houses have a median rent of $420 while Units have a median rent of $328.
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