FOR SALE
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2 High Street
New Norfolk TAS 7140

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 206m2
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DA Approved Commercial Development Site

We are pleased to offer for sale two commercially zoned parcels of land on the main high street of New Norfolk, a rapidly growing regional township located just 35km north-west of Hobart. These adjoining strata lots provide a combined footprint of approximately 206m² and come with Development Approval (DA) for the reconstruction of two commercial shops. Additionally, there is potential to optimise the site with a two-story development, potentially including upper-level residential units, subject to obtaining new approvals.
* Lot 5 - 71m² and Lot 6 - 135m²
* Level parcels with street frontage
* Zoned 'General Business'
* Approved plans ready to go
* Existing town water & power connections
* Located opposite Council Chambers
* Nearby businesses include Workskills, Guardian Pharmacy, Total Eye Care and Salvation Army.
This is a rare opportunity, ideal for an owner-occupier to custom design a commercial space or for a small-scale developer to capitalise on the potential and build, subject to tenant commitments.
Talk with our team today to find out more.
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Property Details for 2 High St, New Norfolk

Building Type
Commercial
Land Size
206m2

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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 3,105 properties. Over the last 5 years, Houses in New Norfolk have seen a 67.48% increase in median value, while Units have seen a 99.23% increase. As at 31 August 2024:

  • The median value for Houses in New Norfolk is $459,580 while the median value for Units is $469,454.
  • Houses have a median rent of $453 while Units have a median rent of $360.
There are currently 46 properties listed for sale, and 8 properties listed for rent in New norfolk on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in New norfolk.

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Heather Mason
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MIX Property Group
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