Contact the agent if you'd like further information.
Retail for Sale in New Norfolk
Diversified Retail Investment with Surplus Land - Buy Separately or in one line
- Building: 308m²
- Land: 1,191m²
Next Steps:
Enquire with agentRWC Tasmania is pleased to present this highly versatile retail investment opportunity, ideally positioned in the centre of New Norfolk.
Key Investment Highlights:
+ Comprising three strata-titled retail properties, available for sale individually or in one line-offering flexibility for investors
+ Fully leased across all tenancies, generating immediate income
+ Strong tenancy mix with a Weighted Average Lease Expiry (WALE) of 4.2 years as of July 2025
+ Current passing net income of approximately $104,000* + GST
+ Substantial land holding of 1,191sqm*, zoned General Business.
+ Surplus land to the rear, providing scope for future development^ and on-site parking for multiple vehicles
+ Surrounded by major national retailers including McDonald's, Woolworths, The Reject Shop, Mitre 10, Shiploads, and BWS
This is a compelling opportunity to acquire a fully leased retail asset with strong holding income and future development potential^ in a thriving regional centre.
Call the undersigned for more information.
308m²
1,191m² / 0.29 acres
'General Business' Under The Tasmanian Planning Scheme - Derwent Valley
Tenanted
Next Steps:
Enquire with agentAgents
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