4/72 Franmaree Road, Newnham TAS 7248

Nestled in the heart of Newnham sits this low maintenance 2 bedroom co-joined unit. Currently rented at $225 per week which equates to a solid 6% gross return. Backing onto a park area and only 4 on the block this is an opportunity to acquire a low risk investment that has never missed a days rent in years. This is a much sought after rental area and as such is a great invest opportunity.

*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.