5/9-11 Rintala St, Newstead TAS 7250

Investors, investors! Here is an opportunity in a highly sort after rental area, only 5 minutes from the heart of Launceston.

This pleasant 2 bedroom brick unit features a spacious lounge, built in robes in both bedrooms, combined bathroom/laundry, single carport and a good sized level garden perfect for planting veggies or relaxing in privacy.

Offering a stable rental return of $200 per week with the current tenant of two happy years hoping to be able to stay on beyond Oct 2016 when the current lease expires. And why not, such a low maintenance pad within walking distance of public transport, quality schools and a plethora of facilities.

Newstead itself is a quality suburb with a strong reputation for premium schools including Scotch Oakburn College Primary & 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, giftware?s, hairdresser & beauty salon, bakery and liquor shop.

Property Features:
- Fantastic investment opportunity
- Quality long term tenant
- Both double bedrooms have built ins
- Spacious open plan living area
- Private, fenced yard with garden shed