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28 The Avenue, New Norfolk, TAS 7140

Light Industrial Strata Investment

Discover a prime investment opportunity in the thriving municipality of New Norfolk, Tasmania. These four conjoined light industrial units, nestled within a sought-after strata complex, offer a versatile space originally constructed for government use and now catering to mechanical, light manufacturing, and storage needs, with flexible leases in place.

Strategically located on The Avenue, amidst the region's most renowned historical sites and popular destinations like the Agrarian Kitchen, this property enjoys excellent exposure and accessibility. Boasting a combined area of 506m², the units feature a sturdy brick structure designed for low maintenance and includes the use of a common property car park to the front and rear common yard.

With the upcoming opening of Corumbene's Health Hub in Q2 of 2024 and the recent development of new homes in the vicinity, the commercial precinct, including major retailers like Woolworths and other national brands, is just a short walk away.

Features in summary are:

* Well located site, with good exposure
* Four strata titled units 506m² combined
* Solid brick structure, low maintenance in nature
* Dual roller door entry/exit for each unit
* Some office improvements/shopfronts in place
* Easy access from front 'common' car park with tenant directory
* Rear 'common' yard with secure fencing and gate entry
* Tenants in place, with owner occupier opportunities
* Future rental growth potential

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Disclaimer: Some internal photos have been digitally altered to show a vacant clean shell condition for demonstration purposes.