170-174 New Town Road
New Town TAS 7008
- 5 Parks
EOI closing 13th August at 4pm
Character Freehold with Mixed-Use Flexibility
170-174 New Town Road, New Town offers a substantial character freehold on a prominent corner site within New Town's established commercial precinct. The property delivers flexible ground floor commercial accommodation, with the added opportunity for two first floor residential apartments, giving buyers a mixed-use asset with existing holding income and flexibility across owner occupier and investment strategies.Positioned along the New Town Road retail strip, the property benefits from excellent exposure to passing traffic. It sits within an established mix of national retailers, local businesses and community services, including Coles, Woolworths, Kmart, New Town Plaza, Jackman & McRoss, schools, medical services and public transport. Dual street frontage and five on-site rear car parks add further accessibility and functionality.
Short-term occupancy arrangements provide holding income while giving purchasers flexibility to occupy part of the building, retain existing uses, or reconfigure the accommodation over time^. Supported by 'Urban Mixed Use' zoning, the property suits a broad range of commercial, retail, office, hospitality and residential uses^.
Key Highlights
• Substantial character freehold, prominent corner
• Flexible ground floor commercial accommodation
• 425 sqm* site, 361 sqm* building
• Five* on-site rear car parks
• Opportunity for two first floor residential apartments and three commercial tenancies
• Existing holding income, mixed-use flexibility
• ‘Urban Mixed-Use’ zoning
• Steps from Coles, Woolworths, Kmart, New Town Plaza
170-174 New Town Road, New Town is offered for sale by Expressions of Interest closing Thursday 13 August 2026 at 4:00 pm (AEST).
For further information or to arrange an inspection, please contact James Black or George Burbury.
^STCA
* Approximate
Features
General Features
- Land Area: 429sqm
- Commercial Type: Retail
- Building Area: 361sqm
- Zoning: Urban Mixed Use
- Car Spaces: 5
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