170-174 New Town Road New Town, TAS, 7008

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
• Mixed-use configuration; opportunity for two residential apartments & three commercial tenancies^
• 425 sqm* site with 361 sqm* building and five* rear car parks
• Short-term holding income with owner occupier and value-add potential
• ‘Urban Mixed-Use’ zoning supporting a range of commercial and residential uses^
• Positioned within New Town's established retail and commercial precinct
• Walking distance to Coles, Woolworths, Kmart and 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