24 Burnett StreetNew Norfolk TAS 7140
Property Details for 24 Burnett St, New Norfolk
Last Listing description (April 2025)
Welcome to 24 Burnett Street, New Norfolk - a rare and remarkable offering, this mid-century, double story property on two titles seamlessly blends commercial appeal with residential charm. Positioned in a high-profile central location, it presents an exceptional opportunity for savvy investors, business owners, or those seeking a unique live-work space.
With stunning street presence, the shopfront boasts floor-to-ceiling glazing, flooding the space with natural light and ensuring maximum exposure. Beyond, a sprawling warehouse with lofty ceilings provides limitless potential, while a rear access loading bay allows for seamless operations while minimising disruption to trading.
Upstairs, a character-filled two-bedroom apartment serves as a private retreat, featuring an original stone-clad fireplace that exudes warmth and historic charm. Whether as an owner's residence, additional rental income, or office space, the possibilities are endless.
Set in the vibrant heart of New Norfolk, this high-traffic location ensures a steady stream of customers and clients, making it an ideal setting for retail, creative studios, hospitality, or professional services. With vacant possession, you can move in immediately and easily renovate to your vision; note the partition walls in the warehouse are non structural. Reconfigure to suit your business needs, potentially creating an opening to the public green space to the side of the building (STCA).
Spanning a total of 430m - with 339m of commercial space on the lower level and 91m of residential space above.
This is a one-of-a-kind opportunity in a rapidly growing region.
Heating: Free standing wood heater
Year Built: 1960
Council Rates: $3068 pa approx.
Water rates: $1800 pa approx.
Zoning: General business
Property History for 24 Burnett St, New Norfolk, TAS 7140
- 01 Apr 2025Sold for $670,000
- 01 Mar 2025Listed for Sale Offers over $645,000
- 01 Dec 2017Sold for $297,000
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About New Norfolk 7140
The size of New Norfolk is approximately 18.5 square kilometres. There are 20 parks, covering nearly 9.6% of the total area. The population of New Norfolk in 2016 was 5432 people. By 2021 the population was 6037 showing a population growth of 11.1% in the area during that time. The predominant age group in New Norfolk is 30-39 years. Households in New Norfolk are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in New Norfolk work in a trades occupation.In 2021, 66.10% of the homes in New Norfolk were owner-occupied compared with 62.90% in 2016.
New Norfolk has 3,165 properties. Over the last 5 years, Houses in New Norfolk have seen a 33.81% increase in median value, while Units have seen a 20.62% increase. As at 31 August 2026:
- The median value for Houses in New Norfolk is $569,216 while the median value for Units is $481,258.
- Houses have a median rent of $550 while Units have a median rent of $450.
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