Tenanted Investment with Commercial Development Approval

RWC Tasmania is pleased to present 2 High Street, New Norfolk, an exceptional commercial investment in one of Tasmania's fastest-growing regional centres. Located just 30 minutes from Hobart, New Norfolk is a key hub for the Derwent Valley, benefiting from steady population growth, expanding infrastructure, and a thriving business and tourism sector.

This prime corner property spans 436m²* across four conjoined strata titles, offering flexibility for future investment strategies. The site includes a 234m² building area*, currently leased to Workskills Incorporated under a secure agreement until 31 August 2025, with a 3-year option and a market rent review upon renewal, providing strong income growth potential. Additionally, the property includes a DA-approved 206m² vacant land parcel, creating further development opportunities.

Zoned General Business, the property allows for a variety of commercial uses, making it attractive to investors, developers, and owner-occupiers alike. With dual street frontages, it enjoys excellent visibility and accessibility in the heart of New Norfolk's main retail precinct. The combination of a secure tenancy, value-add potential, and a high-exposure location makes 2 High Street a rare opportunity in a market experiencing increased demand for quality commercial assets.

For more information or to arrange an inspection, please contact the undersigned agents.

*Approximately
^Subject to Council Approval

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