24a Penquite Rd, Newstead TAS 7250

Here is an opportunity in a highly sort after rental area, only 5 minutes from the heart of Launceston, and a flat easy stroll to the shopping hub of Newstead. Live in one and rent the other or just sit back and collect an income!

These pleasant 2 bedroom brick units feature built in robes in main bedroom, dining room, practical kitchen, bathroom with shower and bath, separate toilet plus internal laundry. The spacious lounge with new split system heating/cooling unit opens onto a sheltered rear veranda, perfect for relaxing in privacy. The internal driveway offers both peace and privacy from local traffic. The solid double garage offers secure parking of 1 spot per unit.

Offering a stable rental return for many years, and why not? Such a low maintenance pad within walking distance of public transport, quality schools and a plethora of facilities. Unit 1 is currently rented at $250 per week, with a secure lease in place until October 2019. Unit 2 is mirror image. After recently being vacated by a long-standing tenant, it has benefitted from a fresh coat of paint and new carpet.

Newstead itself is a quality suburb with a strong reputation for premium schools including Scotch Oakburn College Primary and Senior Campus, St Thomas Mores Primary School and Punchbowl Primary. The Newstead shopping hub features Coles, major banks, doctor's surgery, restaurants, chemist, post office, florist, giftwares, hairdresser & beauty salon, bakery and liquor shop.

Units 1&2 /24A Penquite Rd at a glance:
•2 solid brick 2 bedroom units
•Easy rental income
•Double brick garage
•Easy walk to shops & services