52 Alexander Street, BURNIE TAS 7320
Offers Over $2.0m
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- 19 Apr 2017
Significant Burnie Investment - Apartments Downtown and Burnie HQ Apartments
For sale 52 Alexander Street and 158 Wilson Street Burnie, known as the ‘Apartments Downtown’ and ‘Burnie HQ Apartments’.
This substantial residential investment opportunity provides potential investors the ability to secure a well located and significant residential investment portfolio comprising 14 apartments in total across two buildings.
52 Alexander Street is strategically located within the Burnie CBD and comprises 10 strata titled art deco apartments, landscaped courtyard on-site parking located within walking distance to Burnie’s main retail and commercial facilities and only 500 metres from West Beach.
158 Wilson Street, located just to the south of the Burnie CBD comprises 4 art deco units on one title, with duel street access and separate lock up parking, all within a tightly held and sought after residential precinct, with properties of this style and age rarely coming to market.
These unique buildings and their inherent flexibility provide numerous options for investors, developers and accommodation operators alike, who are wishing to take advantage of this significant offering within the heart of Burnie CBD:
The 10 strata titled apartments at 52 Alexander Street, will be offered in ‘one line’, with the opportunity to acquire 158 Wilson Street as part of the same transaction or separately.
- Significant improvements and inclusions
- Multiple and various letting options
- Long term hold, or option to on-sell as individual units
- Appealing beach side location
- CBD land holding which may provide for future development (STCA)
- 158 Wilson Street comprises duel street frontages and could be expanded or strata titled (STCA)
- All buildings sold fully furnished
For Sale at offers over $2.0m.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
52 Alexander Street BURNIE