42 Ramsay Street, Newstead TAS 7250

Currently set up as two independent rentals, this dual income property provides great rent and capital growth potential. Perhaps you are looking for a home to occupy in this lucrative suburb, easily convert back to one residence if you prefer.

Updated recently with renovations throughout; gorgeous polished floors, fresh paint, new LED lighting, electrical work, kitchen and bathroom upgrades in a clean, crisp white and neutral colour scheme. Some windows replaced with modern double glazing, roof maintenance with a fresh paint too. This should be an easy handover with little left to do for years to come.

Walking distance to almost everything you might need at Newstead including medical, shops, services, shopping, and groceries. Day care? You bet, walk there. Primary and Secondary School or college options? Walk there too. Can you walk to sports grounds, including netball, soccer, tennis… of course.

As mentioned, you could talk to us about how to occupy the home yourself, or leave the current tenants in place with a weekly income of $680 collectively.
Homes are always hard to come by in Newstead, and in particular, this pocket. Don't miss your chance!

Rent: $280pw and $400 p.w.
House size: 170m2
Land size: 759m2
Built: 1950
Rates: $2,000 p.a.
Council Zoning: Residential
Council: City Of Launceston
Heritage listed: No

**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.