Back 15/86 Elphin Road
Off Market

15/86 Elphin Road

Newstead TAS 7250

3
1
1
95 m²
Apartment

Overview

Your Very Own Penthouse... This Hidden Gem Makes For The Perfect Find!

Located on the third floor of this highly secure apartment building in an extremely sought-after location is this fully renovated, modern and stylish unit with all the conveniences of a central townhouse. Fully carpeted throughout with a new inverter heat pump in the main living area complemented by under-floor tiles in the immaculately refurbished bathroom, the 3 bedroom layout has a very open, spacious feel with expansive views across Elphin and East Launceston. The new kitchen by Taswood Joinery is appointed with quality fixtures including a double Fisher and Paykal dish drawer, masses of over-size soft-close drawers, large over-head units and a magic corner cupboard to provide an enormous amount of storage in a relatively small space. There is further storage in the large mirrored unit in the bathroom/laundry as well as built-in robes in Bedrooms 1 & 2. Bedroom 3, which could equally enjoyed as an office or Sunroom offers a delightful aspect, beautiful views and was formally an outdoor balcony. Please note that provision for it to be returned to this use is an option by removing the external windows and indoor carpet. The apartment feels amazingly large for its size and is currently set up to sleep 8 people comfortably; a queen in the main bedroom (2), triple bunk in the second bedroom (3), a single in the light-flooded third bedroom (1) and the super comfy lounge folds out to another queen bed that easily accommodates another pair (2). Of course this could be configured in any number of ways and provides an ideal home for a young family as easily as students, a working couple and/or retirees. Directly opposite Scotch Oakburn Junior School, the apartment has off-street parking for one large vehicle and is in walking distance to numerous cafes and eateries as well as Alps & Amici and the Launceston Aquatic Centre. Leave your vehicle safely off-street and undercover most of the time because it's also an easy stroll to the CDB, City Park, the Coles-Kmart shopping precinct and the University of Tasmania's Inveresk campus. It has been rented fully furnished for the last 2 years for $350 per week and this paid-up contract is in place until June 30th 2020, though as you may see from the images, the current tenants have now vacated. Professional real estate appraisals recently conducted indicate $400-420 per week is a very reasonable expectation. It is has been professionally cleaned, so you are welcome to inspect by arrangement at any time. All and any furniture including the lounge and TV, bedroom outfits and fully equipped kitchen (fridge, microwave, cooking utensils, crockery and cutlery etc) can be sold as a walk in - walk out package for a negotiated price, or the unit can be sold empty, as per the purchaser's preference. Most residents are owner-occupiers, so there's a very stable population of quiet and friendly neighbours making for a lovely community. Launceston City Council annual rates are >$1200 and Body Corporate fees, professionally managed by StrataTas, are $1500 per year. As it is currently vacant, the tenants are happy for the vendors to break contract now and rent the premises to the new purchaser at below market value until settlement. So yes, you could literally move in tomorrow! The Phone Code for this property is: 62900. Please quote this number when phoning or texting. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Features

3 bedrooms
1 bathroom
1 carspace
95 m² lot size
Apartment

Estimated Value

We need at least 3 similar 3 bedroom apartments sold in Newstead over the last 12 months.

Property history for 15/86 Elphin Road

2024
Rented
Undisclosed
Leased on 17 Dec 2024 by Elders Launceston
2023
Rented
Undisclosed
Leased on 24 Jul 2023 by Elders Launceston
2020
Sold
Undisclosed
Private Sale/Treaty on 23 Jul 2020

Happy sellers in Newstead

88%
88% of sellers in Newstead reported that their sale price either exceeded or met their price expectations.

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