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Elders Real Estate - Devonport

17-19 Wilmot Street Burnie, TAS 7320

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17-19 Wilmot Street,
Burnie, TAS 7320

Shops & Retail

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Elders Real Estate - Devonport
Nicholas Bond

Elders Real Estate - Devonport

4 Stewart Street
DEVONPORT, TAS 7310
04143950...
Elders Real Estate - Devonport
17-19 Wilmot Street
Burnie, TAS 7320

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CBD Building - Core Retail Location - 9.00% + Return

17-19 Wilmot Street offers a well located retail building currently occupied by ’Maggie's Cards and Gifts’ on monthly lease paying $1,968.18 per month ($23,618.18 p/a) plus GST and Outgoings. The building is located adjacent to the side entrance of City Square which is next to Wilkinson’s Pharmacy (trading 7 days). Wilmot Street provides access to a mix of office, retail and retail services and is well linked to Wilson Street.
 
Situated on a site of 176.6 sqm, the property comprises a strata concrete shop with glass and aluminum shopfront. The shop is split level with a total gross building area of 160 sqm (approx.).
 
17-19 Wilmot Street is ideal for investors seeking a CBD property in a high profile retail location with significant passing traffic, offering a current passing return (after building insurance $1,046 p/a) of approximately $22,572 per annum.
 
The property is being offered for sale at $245,000 + GST (if applicable). To inspect this property or receive additional information, please contact Nicholas Bond of Knight Frank.

Property ID: 502657418Last Updated: 30 Apr 2024

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