High Performing Woolworths on New Old Fashioned Lease
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.
Prominent island site of 10,978 sqm with 4 street frontages.
Readily accessible location strategically central to Burnie's residential population.
Single tenant easily managed investment property.
Huge income tax saving depreciation benefits.
Expressions of Interest
Date and Time: