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48 High Street
new norfolk
TAS, 7140

$550,000 + SAV

Business + SAV - Prime Location - Situated in the Heart of New Norfolk!

For Sale: Newsagency/T.S.G Tobacconist/Newspower (Business + Stock at Value)

After 55 years of cherished family ownership, this remarkable commercial property is now up for sale! The long-established Newsagency has cultivated a loyal customer base and benefits from high foot traffic, making it a key part of the thriving New Norfolk community.
Located in a prime spot within the heart of New Norfolk, this property offers excellent visibility and easy access, creating an ideal environment to attract customers. Currently operating as a successful Newsagency and Gift Shop, this is a rare opportunity to invest in a prosperous business within a highly sought-after commercial area.
Conveniently positioned within walking distance of well-known shops and respected businesses, the location further enhances its appeal. With the Derwent Valley's infrastructure expanding and a growing housing market, this area is set for continued growth. This is a fantastic investment opportunity for anyone looking to join this vibrant community.
Investing in this business allows you to tap into the expanding local and tourist market, with its central location and flourishing economy offering strong potential for future returns. Don't miss your chance to seize this exceptional opportunity! The current owner is willing to assist during the transition, providing invaluable support. Contact us today to schedule an inspection or learn more about this prime commercial property.

Included Services:
• Tobacco Station - T.S.G.
• Golden casket scratchies
• Extensive range of exclusive giftware, toys, and assorted memorabilia
• Stationary
• Greeting cards
• Extensive range of magazines
• Jewellery
• Newspaper deliveries
• Subagents
• Parcel collection
• Trading, Monday to Friday and half day Saturday

Agents

Nearby Schools

About new norfolk

median house price

457500

median house rent

460

suburb rental yield

5.2%

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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