Positioned in one of Newstead's most consistently sought-after pockets, this well-presented property represents an outstanding opportunity to secure a quality investment in a location where demand remains exceptionally strong.
Privately tucked away at the end of a quiet cul-de-sac, the home enjoys an elevated position with a prized northerly aspect, capturing all-day sunshine and pleasant views across the surrounding suburb. The light-filled open-plan living area flows effortlessly to a generous north-facing deck, creating an inviting space that tenants and future owner-occupiers alike will appreciate. A reverse cycle heat pump ensures year-round comfort, while updates to the lighting, power, plumbing, and bathroom mean there's little to do from day one.
Offering three bedrooms, including a spacious master with a walk-in robe, the home provides a practical floorplan. A fully fenced backyard and detached single garage further enhance its broad market appeal, while there remains scope to add further value over time through cosmetic updates or renovation.
Location is where this property truly shines. Within easy walking distance of Scotch Oakburn Senior School, Punchbowl Primary School, childcare, parks and local cafés, it offers the everyday convenience tenants actively seek. Newstead Shopping Centre is just minutes away, while the Launceston CBD and Launceston General Hospital are both less than three kilometres from the property, supporting strong rental demand and long-term capital growth potential.
Whether you're looking to expand your investment portfolio, secure a quality property in a blue-chip suburb or purchase with an eye to future value, this is an opportunity not to be missed.
Rental Estimate: $550/w (Currently rented for $550 p/w until October 2027)
House size: 114m2 + 20m2 detached garage
Land size: 569m2
Built: 1950
Rates: $1750 approx. p/a
Council Zoning: Residential
Council: City of Launceston
Heritage listed: No
**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.**
