19-23 Wilson Street
Burnie TAS 7320
Contact Elders Commercial
Auction: 10th Dec 2025 (10:00 am)
Entry Level Fast-Food Investment
Elders Commercial in conjunction with Burgess Rawson by CBRE is pleased to offer to the market the market a high profile Burnie CBD building anchored by Subway, for sale via an Investment Portfolio Auction 181.This opportunity has the following key investment highlights:
+ Renewed 3 Year Lease to Subway through to 2028* with further options
+ Subway: Globally recognised fast food brand with 37,000+* stores in over 100* countries worldwide
+ Recent significant Subway tenant-funded refurbishment
+ Subway with attractive 3.5% annual rent increases, assuring future rental growth
+ Complimented by 1st floor office tenants & additional ground floor retail shopfronts
+ Strategically positioned on a prominent CBD corner, providing highly identifiable, ‘main street’ CBD exposure
+ Burnie: home to the highest volume port in Tasmania accounting for 35.56%* of Tasmania’s total tonnage
+ Marinus Link – Major energy infrastructure project, due to commence in 2026. Forecast to support 1,400 jobs & generate $1.4 billion in additional economic activity
+ Tourism: Tasmania welcomed 1.35* million visitors to June 2025, up 3.6%*in the year ending September 2024, up 3.5% on 2023.
+ Net Income: $134,764* + GST
To be sold by Investment Portfolio Auction 181
10:30 am (AEDT) Wednesday 10 December 2025
River Room - Crown Casino, Melbourne
*Approximate
Features
General Features
- Land Area: 508sqm
- Commercial Type: Retail
- Building Area: 625sqm
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