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3/1-3 Newnham Close,
Newnham 7248, Tasmania

2 bedrooms
1 bathroom
1 car space
251m² land size
75m² building size
House

Price withheld

Property details

Solid Investment Opportunity in a Convenient Newnham Location

Positioned in the ever-popular northern suburb of Newnham, this well-maintained two-bedroom unit presents an outstanding opportunity for investors seeking an affordable property with an established rental return.

Currently tenanted at $360 per week, this low-maintenance unit was built in the 1990s and offers immediate income from day one.

Conveniently located just minutes from the Mowbray Shopping Centre, the University of Tasmania's Newnham campus, the Australian Maritime College, and a reliable public bus service, the property enjoys excellent access to education, shopping, and transport, making it a consistently attractive rental proposition.

Property Features:

Two comfortable bedrooms
Solid brick construction built in the 1990s
Currently leased at $360 per week
Low-maintenance investment
Close to Mowbray Shopping Centre
Minutes to the University of Tasmania and Australian Maritime College
Situated on a reliable public transport route
Ideal addition to an investment portfolio or an affordable entry into the property market
Whether you're looking to expand your investment portfolio or secure a property in a high-demand rental location, this Newnham unit represents excellent value and strong potential.

Contact us today to arrange your inspection or request further information.

Explore the area

School catchments

  • Mowbray Heights Primary School Primary K-6 Government 0.61km
  • East Tamar Primary School Primary K-6 Government 1.2km
  • Australian Christian College - Launceston Combined Prep-10 Independent 1.4km
  • St Finn Barr's Catholic Primary School Primary Prep-6 Catholic 2.0km
  • Invermay Primary School Primary K-6 Government 2.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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