About the Business

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.

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

To receive a Confidential Information Memorandum, please copy and paste the link below into your web browser, complete the Non-Disclosure Agreement and our brokers will be in touch.
https://www.mbs-public.com/public/612ae3c4-76be-48b9-afaf-99c292b5b3fd/ca

Lic #597

DRU