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38 The Avenue
new norfolk
TAS, 7140

SOLD

Sold for $280,000

listing rooms 1
listing bathrooms 1
listing parking 4
Property: 288 sqm Land: 5574 sqm

Development/Residential Opportunity (STCA)

Develop your business, invest in your future or build your new home subject to relevant council approvals. This property offers the astute investor/developer a rare opportunity to acquire a substantial piece of land near the Township of New Norfolk. This property is zoned Nursery/Retail/Roadside outlet and consists of a substantial 5574m² (approx) along with a 3 bay workshop with amenities. As the site is mainly surrounded by residential properties it may be best utilised as a multi dwelling use which would require rezoning and council approval.
• Potential development STCA
• 5574m² (approx.) Zoned Nursery/Road side outlet/Retail
• Just minutes to New Norfolk
• Neighbouring Gateway Estate
• Under 30 minutes' drive to Hobart CBD
New Norfolk is wonderfully picturesque with the Derwent River running the full length of the township with boating, fishing, kayaking and so much more on offer. Call Andrew today for a private inspection!

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About new norfolk

median house price

485000

suburb growth

6.4%

median house rent

450

suburb rental yield

4.8%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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