Lot 81 - 7 Tallow Wood Road - New Norfolk

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us* 

New Norfolk, located in the scenic Derwent Valley, offers a unique blend of natural beauty, historical charm, and modern amenities. As the second oldest settlement in Tasmania, New Norfolk's rich heritage is reflected in its well-preserved architecture and vibrant community life. For potential investors, New Norfolk presents an attractive opportunity for house and land packages, combining affordability with a high quality of life. 

One of the primary advantages of investing in New Norfolk is its strategic proximity to Hobart, Tasmania's capital city. Situated just 35 kilometres northwest of Hobart, New Norfolk is accessible via the Lyell Highway, making it an ideal location for those seeking the tranquillity of a smaller town while having access to the amenities and employment opportunities of a major city. The commute from Hobart to New Norfolk typically takes around 30 to 40 minutes, depending on traffic conditions.

• Property Type: Dual KeyRegional High-Yield Package
• Property Stage: N/A
• Price: $ 816,961.00
• Land Price: $ 215,000.00
• Build Price: $ 601,961.00
• Beds: 2+2
• Bath: 1+1
• Garage: 1+1
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Dual Villas
• Completion: N/A
• Land Size: 896
• Area Size: 190.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 1100.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 1,100.00
• Gross Per Annum: $ 57,200.00
• Gross Yield: 7.00%
• Capital Growth 12 Months: -1.03%
• Capital Growth 10 Year Annualised: 8.11%
• Vacancy Rate: 0.79%