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Elders Real Estate - Devonport

14 Wellington Street South Burnie, TAS 7320

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14 Wellington Street,
South Burnie, TAS 7320

Warehouse, Factory & Industrial

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Elders Real Estate - Devonport
Nicholas Bond
Clinton O'Keefe

Elders Real Estate - Devonport

4 Stewart Street
DEVONPORT, TAS 7310
Elders Real Estate - Devonport
14 Wellington Street
South Burnie, TAS 7320

Map of 14 Wellington Street

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Fully Leased Warehouse in South Burnie

  • Tightly held precinct close to Port
  • New 3+3+3 yr lease ~ annual CPI reviews
  • Tenant pays all statutory outgoings
We have the exclusive opportunity to offer to the market for sale 14 Wellington Street, South Burnie.

The site is situated within a tightly held, high-profile South Burnie commercial precinct, located less than 300 m* from the Bass Highway and less than 1 km* from the Burnie CBD and Port. The property comprises a warehouse with front retail showroom component and upper level offices and storage. The site is complemented by onsite sealed carparking and roller door loading entry.

The building is currently occupied by 'Tas Bearing & Chain' (Howard Bearings Pty Ltd), who have a new three year lease to 29 June 2026 with annual CPI increases and two further terms of three (3) years each. The property provides investors a rare opportunity to secure an investment property in one of Burnie's premier commercial locations. The asset provides an estimated net income of approximately $77,183.66* + GST (before owners outgoings).

Tas Bearing & Chain have traded from this site since approx. 2011* (under different business ownerships).

* Approx

Property ID: 504369952Last Updated: 30 Apr 2024

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