46 Mount Street,
Burnie, TAS 7320
Offices
Price information
Sold
Contact Agent
Key property information
Floor area
Property extent
Tenure type
NABERS
Sold on
Elders Real Estate - Devonport
4 Stewart StreetDEVONPORT, TAS 7310
04143950...
46 Mount Street
Burnie, TAS 7320
Map of 46 Mount Street
Reece House, Burnie, Tasmania: Office Investment, with Upside. Net Return: 12% or $1,000 psqm
'Reece House' is a multi-level office building, comprising basement carpark, ground floor retail and 5 upper levels of office accommodation.
The building was developed in 1975 and sections of the premises have been progressively refurbished over the past 10 years.
The property has a net lettable area of approximately 3,629 square metres, based on the current configuration, and 20 basement carparks.
The property is located on the north-west side of Mount and Cattley Streets in Burnie, adjacent to the main CBD retail area.
Burnie is a major commercial centre on the North West coast of Tasmania, with a population of over 20,000 people in the greater Burnie area.
The building is offered for sale 75% occupied,with State Goverment and a national tenant. The building has a 2.5 – star NABERS Energy rating
The current gross passing income is approximately $787,000 per annum and after deducting outgoings, a net income of approximately $440,000 per annum, is produced.
Through leasing the vacant areas, there is an opportunity to substantially increase the return.
Call Nicholas Bond of Knight Frank for further information.
The building was developed in 1975 and sections of the premises have been progressively refurbished over the past 10 years.
The property has a net lettable area of approximately 3,629 square metres, based on the current configuration, and 20 basement carparks.
The property is located on the north-west side of Mount and Cattley Streets in Burnie, adjacent to the main CBD retail area.
Burnie is a major commercial centre on the North West coast of Tasmania, with a population of over 20,000 people in the greater Burnie area.
The building is offered for sale 75% occupied,with State Goverment and a national tenant. The building has a 2.5 – star NABERS Energy rating
The current gross passing income is approximately $787,000 per annum and after deducting outgoings, a net income of approximately $440,000 per annum, is produced.
Through leasing the vacant areas, there is an opportunity to substantially increase the return.
Call Nicholas Bond of Knight Frank for further information.
Property ID: 502850874Last Updated: 30 Apr 2024
Elders Real Estate - Devonport4 Stewart Street
DEVONPORT, TAS 7310
DEVONPORT, TAS 7310
More properties from Elders Real Estate - Devonport
Other properties you might be interested in based on the location and property type you are looking at.
