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New Norfolk TAS 7140

Bedrooms: -
Bathrooms: -
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Floor area: 3360m2
Land area: 7500m2
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Unlock the Potential of a Unique Investment Opportunity

Set in the charming town of New Norfolk, just 32 km northwest of Hobart and a short 24 km from the iconic MONA museum, this extraordinary property offers a rare chance to transform a piece of Tasmanian history into a lucrative modern venture.
Originally constructed in 1961 as nurses’ quarters for the former Royal Derwent Hospital, the property combines heritage charm with untapped potential. Spanning an expansive 8510 square metres, it is ready to be reimagined as a thriving investment opportunity.
Features that inspire innovation include:
- A pool precinct with multiple changing facilities.
- A fully equipped cinema and back stage areas for entertainment or events.
- An indoor basketball court for recreational or fitness-focused purposes.
- A commercial kitchen and 300-seat dining area, ideal for hospitality ventures.
- Gymnasium space for wellness or health-focused enterprises.
- Multiple meeting rooms, circulation spaces, and ancillary kitchens are available for flexible use.
- Ample storage for operational efficiency.
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Property Details for Contact Agent For Address, New Norfolk

Building Type
Commercial
Floor Size
3360m2
Land Size
7500m2

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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 3,114 properties. Over the last 5 years, Houses in New Norfolk have seen a 64.02% increase in median value, while Units have seen a 82.60% increase. As at 30 November 2024:

  • The median value for Houses in New Norfolk is $464,746 while the median value for Units is $451,003.
  • Houses have a median rent of $450 while Units have a median rent of $383.
There are currently 53 properties listed for sale, and 5 properties listed for rent in New norfolk on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in New norfolk.

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Craig Bellgrove
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Leanne Masters
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