For Sale

5 Rex Street, New Norfolk, TAS, 7140

Offers Over $595,000

3
1
5
95 m²
1062 m²

House

•

2 days on the market

What's around 5 Rex Street

Opportunity. Location. Potential.

Positioned on a generous 1,062m² level allotment in New Norfolk, this three-bedroom home presents an appealing opportunity for homeowners, investors and those looking to secure a property with room to grow. Built in 1956, the home offers comfortable living, practical features and an expansive yard, with the added advantage of potential to explore future development possibilities, subject to relevant council and planning approvals. Inside, the home features an open-plan kitchen and living area, creating a welcoming central space for everyday living. The kitchen includes an island bench, providing additional preparation space and a natural gathering point, while reverse-cycle air conditioning ensures year-round comfort. Three bedrooms are complemented by a central bathroom and the convenience of two separate toilets, while a separate laundry adds further functionality to the home's established floor plan. Outside, the flat, spacious yard offers plenty of room to enjoy, with scope for gardens, outdoor entertaining or further improvements to suit your needs. A substantial 9m x 5m garage provides excellent space for vehicle storage, a workshop or additional storage, complemented by a separate shed, a single carport and extra off-street parking. Conveniently located close to New Norfolk's local shops, cafes, public transport, schools and everyday amenities, the property provides easy access to everything this popular township has to offer, while remaining within reach of the wider Derwent Valley and Hobart. Currently tenanted at $500 per week on a month-to-month agreement, the property presents an attractive investment opportunity with rental income already in place. Whether you are looking to expand your portfolio, secure a home with a generous yard or explore the possibilities of a sizeable allotment, this New Norfolk property offers a combination of existing functionality, space and future potential.

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