55 Sandown Road, Norwood, TAS 7250 | Property Value & History | OnTheHouse
 
OFF MARKET

55 Sandown Road
Norwood TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120000m2
Land area: 191743m2
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Property Details for 55 Sandown Rd, Norwood

Building Type
Commercial
Floor Size
120000m2
Land Size
191743m2
Local Government
Launceston
Lot/Plan
1/174950

Last Listing description (August 2020)

Shepherd & Heap is pleased to present to the market for LEASE a rare and exciting opportunity in the hospitality industry, the ex Stones Throw cafe located in the popular Old Mac's Farm and RV Park precinct. The site offers some 300 sq metres of fitted restaurant space complete with a bar and function area all substantially equipped and operationally functional.

Key features include:

- 300 sq metre approx* restaurant ready for occupancy
- air conditioned, light and open with panoramic views
- al fresco dining or separate function area
- full commercial kitchen with cool room,fridges, compliant grease
arrestor and new vinyl flooring
- bar and coffee service area
- 'on premises' liquor licence & 'off premises' licence
(Tas. stock)
- customer car park for 45 plus vehicles
- additional cool room/processing/storage areas to lease (optional)
- potential to specialise and cater for weddings, mini conferences,
functions and RV park clientele next door
- option to incorporate Old Mac's farm animal, lake and fitness
attractions with the lease

A new long term lease is offered providing a unique walk-in, jump start opportunity for a new operator.

Contact Ian Singline for further details.

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Property History for 55 Sandown Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$47,000
25 Jul 2018
Listed for Rent
$1.06k/w
06 Aug 2020
  • 02 Jul 2020
    Listed for Rent - Price not available
  • 25 Jul 2018
    Sold for $47,000
  • 13 Mar 2013
    Listed for Sale OFFERS AROUND $200,000
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About Norwood 7250

The size of Norwood is approximately 3.7 square kilometres. There are 10 parks, covering nearly 6.0% of the total area. The population of Norwood in 2016 was 3734 people. By 2021 the population was 3869 showing a population growth of 3.6% in the area during that time. The predominant age group in Norwood is 70-79 years. Households in Norwood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Norwood work in a professional occupation.In 2021, 75.50% of the homes in Norwood were owner-occupied compared with 77.20% in 2016.

Norwood has 1,638 properties. Over the last 5 years, Houses in Norwood have seen a 42.77% increase in median value, while Units have seen a 40.72% increase. As at 31 August 2026:

  • The median value for Houses in Norwood is $743,172 while the median value for Units is $486,450.
  • Houses have a median rent of $610 while Units have a median rent of $408.
There are currently 4 properties listed for sale, and 1 property listed for rent in Norwood on OnTheHouse. According to Cotality's data, 66 properties were sold in the past 12 months in Norwood.

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