93 - 95 Wilson Street,
Burnie, TAS 7320

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Map of 93 - 95 Wilson Street

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Bus stops within 5 km of 93 - 95 Wilson Street, Burnie, TAS 7320 Distance
Burnie City Terminus 119 m
Burnie - Mount St 121 m
Burnie Interchange Stop A 151 m
116 Wilson St 243 m
No.7 Wilmot Street 453 m
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Fully Leased ASX Backed Investment - Westpac Burnie

Westpac - top 5 ASX listed company
Renewed five year lease to 2027
Estimated Net income $93,082 pa

We are 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)
• Westpac pays rates, water and building insurance
• Annual 3.00% fixed increases, market review at option
• Highly visible 654 sqm * 'main street' branch
• 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.

Property ID: 504422808Last Updated: 14 Aug 2024