We sell more multi-million dollar businesses than any other firm in Australia

Newly Renovated Freehold Opportunity – Prime High Street Exposure

TAS
Commercial Real Estate
Positioned in the heart of New Norfolk’s bustling retail strip, this fully renovated commercial property offers the ideal mix of charm, exposure, and functionality.
Asking Price: $299,000

About the opportunity

43 High Street, New Norfolk TAS 7140

Freshly upgraded throughout, the building is perfect for an owner-occupier or savvy buyer looking for a low-maintenance, high-exposure premises in one of Tasmania’s fastest-growing regional centres.

 

Key Features
  • Completely renovated interior –
    • Italian porcelain tile floor,
    • Freshly painted
    • Updated kitchenette and bathroom.
    • Additional hand-wash sink
    • NBN connection
    • Updated recessed lighting.
    • All new marquee signage.
  • Prime High Street position – excellent foot traffic and visibility
  • Building area: approx. 64 m²
  • Land area: approx. 190 m²
  • Dual access – front and rear entry with off-street parking
  • Flexible zoning – suitable for retail, office, or professional services
  • Vacant possession – ready for occupation or immediate lease-out
  • Potential rental return: $22,000–$25,000 p.a.
  • Indicative yield: 7.3%–8.4% based on the asking price of $299,000

 

Location

High Street is New Norfolk’s established retail and business hub, home to cafés, boutiques, and service-based enterprises. The property is within easy walking distance of the town centre, major banks, and amenities, and just 35 minutes from Hobart CBD. The Derwent Valley region continues to attract growth and new residents, underpinning strong long-term demand for well-located commercial assets.

 

Price

For Sale – $299,000 (Vacant Possession)

 

Ideal For
  • Owner-occupiers wanting a professional retail or consulting space
  • Property buyers seeking an affordable, high-yield freehold asset
  • Buyers seeking exposure in a fast-growing Tasmanian township

 

#597

Sorry, this business is currently UNDER OFFER and is closed to enquiries. Please press ‘Back to all listings’ below to browse our available listings.

Be the first to know when a new listing goes live

Fill out the form below for the inside scoop.