Two Separately Titled Homes in Sought-After Newstead
Two independent Newstead homes on separate titles offer a combined potential rental income of approximately $1,030 per week. Offered together as one package, this versatile property suits investors, multigenerational families or buyers wanting to live in one home while rental income from the other helps with holding costs.
The main residence (Unit 1) provides approximately 170 sqm over two levels with four bedrooms, multiple living areas and a bathroom on each floor. A well-appointed timber kitchen adjoins the dining area with access to a substantial undercover entertaining deck overlooking established greenery. Downstairs, a bedroom, lounge and bathroom create an ideal teenage retreat or guest space while an additional room offers storage or home gym options.
The independent second home (Unit 2) offers approximately 87 sqm with two bedrooms, generous living, a separate dining area adjoining the kitchen and a two-way bathroom with ensuite-style access. Outdoor decks provide space to enjoy the leafy surroundings. This separate residence allows extended family to live close while maintaining privacy or offers an attractive rental opportunity.
Both homes feature rendered brick veneer construction, tiled roofs, reverse-cycle air conditioning and covered parking for two cars each. Unit 1 also has an additional off-street parking space. Separate titles add flexibility for buyers seeking family accommodation, a home with supplementary income or a dual-income investment.
Key Features:
• Two separately titled homes offered together as one package
• Six bedrooms and three bathrooms across both residences
• Unit 1: approximately 170 sqm over two levels
• Four bedrooms with a bathroom on each level
• Well-appointed timber kitchen with generous bench space and storage
• Separate living and dining areas upstairs
• Lower-level bedroom, lounge, bathroom and additional storage or home gym room
• Unit 2: approximately 87 sqm with two bedrooms
• Two-way bathroom providing ensuite-style access from one bedroom
• Spacious living area with adjoining deck and separate dining space
• Reverse-cycle air conditioning in both homes
• Rendered brick veneer construction with tiled roofs
• Substantial undercover entertaining deck for Unit 1
• Established gardens and leafy outdoor spaces
• Carport accommodation for two cars per unit
• Additional off-street parking space for Unit 1
• Walking distance to Scotch Oakburn College's Penquite campus
• Close to public and private schools including Queechy High School and Punchbowl Primary School
• Conveniently close to Newstead shops, supermarkets, cafés and everyday services
• Approximately 6 minutes' drive to Launceston's CBD
Whether you are building an investment portfolio, accommodating extended family or seeking a home with a separate rental opportunity, this two-home package offers flexibility now and into the future. Contact Jeremy Wilkinson - Harcourts Launceston to arrange your inspection of Units 1 and 2, 14 Barossa Place, Newstead.
Rental return: Unit 2 currently leased until 28/5/2027 at $450 pw
Rental estimate: Unit 1 - Up to $580 pw
House size: Unit 1 - 170 sqm; Unit 2 - 87 sqm
Land size: Unit 1 - 393 sqm; Unit 2 - 354 sqm
Built: 1980
Council rates: $3,863 pa (combined total for both units)
Zoning: General Residential
Council: Launceston
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Features
6 bedrooms
3 bathrooms
directions_car4 carspaces
directions_car4 carport spaces
257 m² floor area
crop_free747 m² lot size
cottageDuplex Semi-Detached
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