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10-12 The Avenue
New Norfolk TAS 7140

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Floor area: 136m2
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Medical, Allied Health, Fitness, Community Service & Retail Lease Opportunities

We are delighted to announce an exciting opportunity for interested parties to secure remaining leasehold or potential strata sale options within Corumbene's upcoming 'health' hub, set to unveil its grand opening in May 2024.
Following meticulous restoration and refurbishment efforts, two iconic heritage properties, namely ‘Derwent House’ and ‘Esperance House’, located on The Avenue, are nearing completion. These buildings will serve as the cornerstone for delivering accessible and sustainable healthcare and community services to the Derwent Valley for years to come.
Situated adjacent to Corumbene’s esteemed aged care facility and Woolworths, and within a short stroll from the heart of the township, this site has undergone a remarkable transformation. Ample onsite tenant and client parking have been provided, alongside compliant access to both ground and first floors as per development approval. Furthermore, the premises boast picturesque views across open spaces to adjacent parklands, with the buildings seamlessly connected by a newly constructed glass atrium, which will house a vibrant café operator.
By becoming part of the Corumbene family, you'll have the opportunity to position your business alongside a trusted and established provider of aged and community care services.
For those looking to elevate their business within this burgeoning health hub, we invite you to seize this opportunity and contact us today to discuss leasing or purchasing options. Join us in shaping the future of healthcare and community services in the Derwent Valley.
The tenant ‘mix’ includes Pathology, Utas Rural Health, well-being centre & café. Remaining opportunities include: -
Derwent House
* NLA 136m² ground floor
* NLA 284m² first floor fully fitted, walk-in ready GP Suite
Esperance House
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Property Details for 10-12 The Avenue, New Norfolk

Building Type
Commercial
Floor Size
136m2

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About New Norfolk 7140

The size of New Norfolk is approximately 18.5 square kilometres. It has 20 parks covering nearly 9.6% of total area. The population of New Norfolk in 2011 was 5,242 people. By 2016 the population was 5,431 showing a population growth of 3.6% in the area during that time. The predominant age group in New Norfolk is 50-59 years. Households in New Norfolk are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Norfolk work in a labourer occupation. In 2011, 65.3% of the homes in New Norfolk were owner-occupied compared with 62.9% in 2016.

New Norfolk has 3,112 properties. Over the last 5 years, Houses in New Norfolk have seen a 66.07% increase in median value, while Units have seen a 91.66% increase. As at 31 October 2024:

  • The median value for Houses in New Norfolk is $468,469 while the median value for Units is $453,449.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 53 properties listed for sale, and 8 properties listed for rent in New norfolk on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in New norfolk.

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Heather Mason
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