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42 Parua Rd

Newnham TAS 7248

3
1
3
103 m²
734 m²
House
Currently for sale - view listing

Overview

Investment Opportunity – Leased Until February 2027

This solid three-bedroom brick home offers an opportunity for investors to increase their portfolio, with a lease in place until 13 February 2027 and a current rental income of $460 per week. Conveniently located close to the University of Tasmania (Newnham Campus), the Australian Maritime College, local shopping, food and public transport, this property is well positioned in an established residential area. The home offers three bedrooms, including a master with a built-in robe, an open-plan living area with new carpet and a brand-new heat pump for year-round comfort. The bathroom features a separate shower and bath, while the property also includes a single lock-up garage with additional off-street parking. Property Features • Three bedrooms • Master bedroom with built-in robe • Open-plan living • New carpet in the lounge • Brand-new heat pump • Bathroom with separate shower and bath • Single lock-up garage • Additional off-street parking • Close to the University of Tasmania (Newnham Campus), Australian Maritime College, local shopping and public transport Details: Lease until 13 February 2027 Currently returning $460 per week Rates Approx $1500 Fixed Water Charges Approx $300 per quarter Private inspections by appointment only for qualified buyers. *Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries. ** Peter Lees Real Estate complies with all applicable requirements under the AML/CTF legislation. ***Boundary lines are indicative only.

Features

3 bedrooms
1 bathroom
3 carspaces
2 open car spaces
1 garage space
103 m² floor area
734 m² lot size
House

Property history for 42 Parua Rd

2025
Rented
Undisclosed
Leased on 08 Feb 2025 by Peter Lees Real Estate
2023
Rented
Undisclosed
Leased on 11 Dec 2023 by Peter Lees Real Estate
2022
Rented
Undisclosed
Leased on 07 Apr 2022 by Peter Lees Real Estate

Happy sellers in Newnham

96%
96% of sellers in Newnham reported that their sale price either exceeded or met their price expectations.

Newnham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 37 reviews in Newnham over the last 12 months.

Local market activity for 3 bedroom houses in Newnham

In the last 12 months, 71 three-bedroom houses similar to 42 Parua Rd, have been sold.

This represents a 28% decrease in three-bedroom houses sales when compared to the previous 12 months.

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