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Elders Real Estate - Hobart

New Norfolk District Football Club, 21 Back River Road New Norfolk, TAS 7140

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New Norfolk District Football Club, 21 Back River Road,
New Norfolk, TAS 7140

Hotel, Motel & Leisure

Key property information

Floor area

Property extent

Tenure type

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Elders Real Estate - Hobart

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
03 6220 69...
Elders Real Estate - Hobart
New Norfolk District Football Club, 21 Back River Road
New Norfolk, TAS 7140

Map of New Norfolk District Football Club, 21 Back River Road

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New Norfolk District Football Club

Knight Frank has been instructed by the Board of the New Norfolk District Football Club Inc. to offer for sale a leasehold interest in the their clubrooms by way of expressions of interest.
The clubrooms have operated under management for some time, and whilst successful, the time is now right for suitably qualified tenants to take the business to another level.
The clubrooms have all the facilities of a standard hotel such as:

- Public bar with Keno and Tote
- Large function room
- Mezzanine function room
- Beer garden
- Pizza outlet
- Commercial kitchen
- Office
- Store areas
- Plenty of parking for patrons

Over the years the maintenance has been kept up to date whereby no capital expenditure is needed by the purchaser. All of the equipment is in excellent working order.

There is plenty of parking around the premises and part of the building could easily be converted into a drive-in bottleshop which would be attached to one end of the bar so as to minimise staff costs.

There is plenty of upside with the business which owner-operators can take full advantage of, particularly to include food sales.

The football club are not after a large ingoing in return for a 15 year lease. The plant & equipment will be included as part of the purchaser's offer.

The main priority is to secure suitable qualified tenants that will take the business to another level.

New Norfolk, 7140 demographic data

The median household income for New Norfolk is $1,112, 28% lower than Greater Hobart's household income of $1,542. New Norfolk has an older age profile compared to the rest of Greater Hobart (median age 40 vs 39). Property ownership data shows 52% of property owners in New Norfolk have a mortgage.

6,037
Population
$1,112 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Elders Real Estate - Hobart
5 Victoria Street
HOBART, TAS 7000

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