SoldDec 16, 2025

3/37 Bishops Drive, Newnham, TAS, 7248

Amount undisclosed

House

Sold: Dec 16, 2025

What's around 3/37 Bishops Drive

About this property

A rare chance to own an entire complex of three co-joined two-bedroom units on individual titles - with no body corporate or strata obligations to other owners. This rare set-and-forget asset delivers a strong rental yield above 6% with tenants already in place. Each low-maintenance brick unit offers a galley kitchen, generous living, built-in storage, bathroom with laundry facilities, separate toilet, reverse cycle air conditioning and a sunny backyard plus its own carport. Set on a flat block just minutes from Mowbray's shops and services, close to TAFE, the University, the Maritime College and only ten minutes from Launceston's CBD. Three titles, three tenants - this solid brick investment delivers immediate returns without strata headaches in a sought-after rental location. Key Features: • Unique investment opportunity (3 co-joined units on individual titles) • Tenants in place - set and forget • Three low maintenance brick two-bedroom units • No body corporate fees or strata corporations to

Looking for more information on 3/37 Bishops Drive?

Explore comparables, sales history and growth for this property.
Learn more

Seller's review

5 months ago

Good sale hoping the purchaser is happy too.

I think the sale went well considering extraneous issues at the time. Respect was shown and things went as well as could be expected.

S
Seller

Similar properties sold nearby

SoldMay 5, 2026
Price not available
17 Laver Grove
Newnham TAS 7248
3
1
House
SoldMay 4, 2026
$720,000
17 Julie Cres
Newnham TAS 7248
3
1
1
House
SoldMay 3, 2026
$555,000
120 George Town Road
Newnham TAS 7248
4
1
2
House

Other properties sold by Harcourts Launceston

SoldMay 10, 2026
$1,180,000
21 Kavala Street
Legana TAS 7277
4
3
10
House
SoldMay 7, 2026
Price not available
1/8 Weedon Avenue
South Launceston TAS 7249
3
1
House
SoldMay 5, 2026
Price not available
22 Baker Court
Blackstone Heights TAS 7250
3
1
2
House

Browse properties sold in nearby areas

Email
© 2026 RateMyAgent