Situated in a high-visibility position in the heart of Burnie's retail and business precinct, 35-37 Mount Street offers investors a blue-chip commercial holding underpinned by a nationally recognised tenant and long-term lease security.
This substantial two-level property forms part of the Burnie Plaza Arcade complex, fronting bustling Mount Street and benefitting from consistent pedestrian and vehicle exposure.
Investment Highlights:
- Prime CBD location with high pedestrian exposure
- Fully leased to a national pharmacy operator with long trading history
- Currently returning $157,379pa (approximate)
- Tenant pays 100% of outgoings
- Annual CPI rent reviews and market reviews at each option renewal
- Zoned Central Business
Strategic Location: Just minutes from Burnie's foreshore, the University of Tasmania campus, and major retail destinations, the property benefits from strong pedestrian flow, public parking access, and proximity to key amenities.
Purchase Options: Set across three purchase options, there is an opportunity to purchase 33 Mount Street, 35-37 Mount Street, and 42-44 Wilson Street, offering scope for future expansion, redevelopment, or portfolio consolidation in Burnie's commercial core.
For further information or to request a copy of the Information Memorandum, contact Sarah Elphinstone at Harcourts Burnie.
*Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. *
Added 20 November, 2025
Property ID: #L37427657