120 George Town Road, Newnham TAS 7248

This sweet 1950's lady has hit the market and is a chance for those looking for a ready-set investment opportunity to pounce. Currently tenanted at $520 per week, it's a great rental yield with lovely tenants on a 24-month lease and they would love to stay! This 3 bedroom home is in an ideal location for tenants being close to public transport and just 5 minutes from the Mowbray shopping precinct, where you'll find supermarket and all amenities. Newnham is fast becoming one of the most popular suburbs in Launceston and properties in this bracket are moving quickly. Boasting nice interior finishes, neutral colour palette, reverse cycle heating, rumpus room that could be utilised as a fourth bedroom, large fully fenced back-yard. perfect for children and pets, dual driveway access, car-port and off-street park. Don't wait!

Built: 1958
Land Size: 665m2
Building Size: 117m2
Council Rates: Approx. $1500 per year
Water Rates: Approx. $1200 per year
Currently Rented: $520 per week
Lease Ends: 8th August, 2025
Zoning: General Residential

**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**