FOR SALE
$650,000 (+GST if applicable)

00 The Avenue
New Norfolk TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 371m2
Land area: 2485m2
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Industrial Warehouse Opportunity!

This industrial/warehouse property offers a fantastic opportunity for investors or business owners looking for a spacious and well-located site. Situated on approx. 2485 sqm, the property boasts a substantial building area of approx. 371 sqm along with a high roof. This is a great investment opportunity, with its prime location and ample space, it offers endless possibilities for businesses looking to expand or establish a presence in the area. The surrounding neighborhood is vibrant and bustling, with easy access to the township of New Norfolk, take advantage of the proximity to various shops, cafes, and the many services available. Whether you're looking to set up a new business, expand your operations, or invest in a lucrative property, The Avenue is the perfect choice. Don't miss this fantastic opportunity to own a prime industrial/warehouse property in New Norfolk. Call Andrew Hills today for information on this property.
• Industrial Warehouse Opportunity
• Spacious and well-located site
• Situated on approx. 2485 sqm
• Building area of approx. 371 sqm
• Prime location and ample space
• Easy access to the township of New Norfolk
• Various shops, cafes, and many services close by
• Approx. 30 minutes to Hobart's CBD

Property Details for 00 The Avenue, New Norfolk

Building Type
Commercial
Floor Size
371m2
Land Size
2485m2

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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 3,106 properties. Over the last 5 years, Houses in New Norfolk have seen a 68.45% increase in median value, while Units have seen a 107.92% increase. As at 30 September 2024:

  • The median value for Houses in New Norfolk is $465,299 while the median value for Units is $471,430.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 48 properties listed for sale, and 8 properties listed for rent in New norfolk on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in New norfolk.

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Andrew Hills
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