Units 1-2 / Lot 21 Derwent Links, New Norfolk TAS 7140
New Norfolk, TAS, 7140$ 808,000
- Duplex
- Property Type
- 2+2
- Bedrooms
- 1+1
- Bathrooms
- 2
- Cars
- 217
Details
Updated on Oct 15, 2026
| Property Type: | Duplex |
|---|---|
| Price: | $ 808,000 |
| Land Price: | $ 266,000 |
| Build Price: | $ 542,000 |
| Gross Per Week: | $ 1160* |
| Gross Per Annum: | $ 60,320 |
| Gross Yield: | 7.47% |
| Capital Growth 12 Months: | 21.85% |
| 10Yr Annualised Growth: | 9.37% |
| Vacancy Rate: | 0.65% |
| Property Size: | 217 m2 |
| Land Area: | 669 m2 |
|---|---|
| Bedrooms: | 2+2 |
| Bathrooms: | 1+1 |
| Parking: | 2 |
| Title Status: | Strata titling at build completion |
| Property ID: | 41574 |
| SKU: | 1070 |
Description
This duplex in New Norfolk offers 2+2 bedrooms, 1+1 bathrooms and parking for 2, with 109 m2 per unit on a 669 m2 lot. Strata titling is lodged at build completion. Double glazed windows and a reverse cycle heat pump to each unit are part of the specification, and the package is delivered as a full turnkey finish ready for tenants.
With two self-contained dwellings, each with its own kitchen, living area and entry, the property can be leased as two separate tenancies to build income across an investment portfolio.
New Norfolk sits in the scenic Derwent Valley and is the second oldest settlement in Tasmania, with well-preserved heritage architecture and an active community. The town is about 35 km north-west of Hobart via the Lyell Highway, typically a 30 to 40 minute commute. Tenants get small-town living with access to Hobart's employment and amenities. Affordability combined with proximity to the capital makes it an attractive investment location.
Duplex Properties offer a unique investment avenue that combines aesthetic appeal with functional design, in most cases presenting two mirror-image living spaces under one roofline.
This arrangement not only maximizes land use but also provides investors with the opportunity to generate substantial rental income from two separate tenancies.
The mirrored layout ensures equality in living conditions, making each unit an attractive option for prospective tenants.
Duplexes are particularly appealing for their ability to offer substantial living spaces, representing standalone homes, which can significantly enhance the property's market value and attract a wide range of tenants.
Features
- Landscaping
- landscaping
- Duplex
- 2 Car spaces
- 2 Car Spaces
- 2+2 Bedrooms
- 1+1 Bathrooms
Inclusions
- stone benchtops
- NBN ready
- Double power points
- LED downlights throughout
- Fencing
- Stone benchtops
- Colorbond roof
- Clothesline
- Letterbox
- fencing
- NBN Ready
- Blinds
- Semi Framed Shower Screen
- LED Downlights Throughout
- Turn Key Finish
- Colorbond Roof
- 600mm Kitchen Appliances
- Fully Fenced Turfed and Basic Landscaped
- Reverse Cycle Split System Heat Pump
- Free Standing Bath
- Built In Robes
- Concrete Driveways
- Native Plant Landscaping
- Connection of All Services: Sewer Stormwater Mains Water Power and NBN
- Double Glazed Powder Coated Aluminium Windows
- Stone Benchtops
- Soft Close Drawers
- Electric Hotplate and Canopy Rangehood
- Electric Oven
- 600mm Dishwasher
- Mixer Taps
- Roller Blinds to Windows and Sliding Doors
- Separate Electrical Meter Box for Each Unit
- Bathroom Heat Lamps with Fan
- Electric Storage Hot Water
- TV Point
- Double Power Points
- Built in Robes
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Read More »Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.