SoldJul 24, 2025

12/86 Elphin Rd, Newstead, TAS, 7250

$320,000

2
1
1
83 m²

Unit

30+ days on the market

Sold: Jul 24, 2025

What's around 12/86 Elphin Rd

Solid Investment Opportunity in a Prime Newstead Pocket

Located in one of Launceston's most desirable suburbs, this well-maintained unit presents a fantastic investment opportunity with a lease in place until February 2026. Set in a quiet, established neighbourhood and just minutes from top schools, shops, and the CBD, it offers consistent rental return and long-term growth potential in a tightly held location. • Currently tenanted until February 2026 • Prime Newstead location – within walking distance to public transport • Close to Scotch Oakburn and Grammar Junior Campuses • Just 5 minutes to Newstead Shopping Centre and the CBD • Two bedrooms, both with natural light • Living area with north-facing windows • Practical kitchen with good bench space • Carport parking for one vehicle • Quiet, established neighbourhood This light-filled unit is an ideal set-and-forget investment in a high-demand suburb. With a reliable tenancy in place and close proximity to key amenities, schools, and transport, it offers excellent value for investors seeking location, low maintenance, and immediate return. Council Rates $1350 p.a. (approx)

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