51 Cattley Street, Burnie

The property comprises a Landmark “A” grade freehold office building located at 51 Cattley Street, Burnie with 3,720m2 NLA and 5 carparks onsite.

The property

Features at the time of purchase included:

  • Landmark “A” grade freehold office building.

  • 3,720m2 NLA
  • 5 carparks onsite.

The investment

The investment strategy identified at purchase highlighted:

  • The opportunity to enjoy high income returns from Federal and State Govt tenants

  • Seek lease extension and market rental reviews when major tenant leases come up for renewal.
Investment Returns$
Purchase Price / Date$10.25m / October 2021