Commanding a prominent position in Burnie's retail and commercial core, 42-44 Wilson Street represents a rare multi-tenanted investment offering secure income, long-term growth potential, and exceptional exposure.
Located within the well-established Burnie Plaza Arcade, this extensive property enjoys a high-profile corner position linking Wilson and Mount Streets - a proven performer within Burnie's central business district. With eleven tenancies in total, including several long-standing occupants, the asset provides multiple income streams and diversification across retail and service sectors.
Investment Highlights:
- Currently returning $84,830pa (approximate)
- Prime Wilson Street frontage within Burnie's thriving CBD
- 11 separate tenancies providing diverse and stable income streams
- Mix of long-term tenants and flexible short-term leases allowing upside potential
- Zoned Central Business
- Strong pedestrian exposure from Burnie Plaza Arcade's internal walkway
Tenancy Overview:
- Multiple leases in place with annual CPI adjustments
- Long-term occupiers
- Opportunities to reposition or enhance income through vacancy optimisation
- Individual water, land tax, and council rates per tenancy
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: #L37427970
