2/73 Franmaree Road, Newnham TAS 7248

High-Yield Investment Opportunity: Prime Property Generating 5.5% Rental Yield Annually

Discover the perfect blend of convenience and location in this two-bedroom unit located in Newnham. Situated in a quiet and peaceful neighbourhood, this co-joined rear unit offers an ideal opportunity for first home buyers, investors, or retirees looking to downsize without compromising on lifestyle or amenities.

Step inside to be greeted by an open plan kitchen, living and dining area that exudes a welcoming atmosphere for family gatherings and entertaining guests. The home's original but tidy condition gives you the chance to make it your own with personal touches and updates. Complemented by updated window furnishings and a combined laundry and bathroom, this unit offers a truly functional and comfortable living space.

This low-maintenance brick unit, featuring a tile roof, is set on a 129 square metres that includes a flat yard with a lawn area and easy-care garden / lawn. A single carport and off-street parking that accommodates up to 2-3 cars provide ample space for vehicle storage and added convenience.

Located in an area with easy access to public transport and just a mere 10-minute drive from Launceston CBD, this unit ensures that you're never too far away from the action. Additionally, enjoy the proximity to TasTafe, which is only three minutes away, making it an ideal investment opportunity for those seeking rental returns from students or professionals.

Don't miss out on this unique opportunity to secure an affordable and attractive unit in a prime location. Be quick to arrange a viewing and take the first step towards owning a charming piece of Newnham real estate.

*We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.