50 Cypress Street, Newstead TAS 7250

Nestled within the heart of Newstead, 50 Cypress Street stands as a clever opportunity for investors and renovators alike. This inviting three-bedroom house, positioned on a corner block spanning 346 square metres, presents an idyllic blend of comfort, convenience, and untapped renovation potential.

As you enter, the charm of an open-plan living area greets you, complete with a traditional fireplace to warm those cool Tasmanian evenings. The spacious kitchen, equipped with a dishwasher, is designed to cater to all your culinary needs while allowing easy interaction with family and guests. Each of the three bedrooms offers a peaceful retreat with ample space to relax and rejuvenate.

The property boasts off-street parking, ensuring vehicle security and convenience. Additionally, the enclosed yard provides an outdoor area for children to play or for hosting family barbecues and gatherings amidst the serene Tasmanian backdrop.

Beyond its current comfort, 50 Cypress Street presents remarkable renovation potential. The solid foundation invites creative updates, extensions, or modern enhancements to suit your personal style or maximize future value. Whether it’s a contemporary refresh or a full-scale transformation, this property offers endless possibilities.

Location is key, and 50 Cypress Street excels with its proximity to the bustling Newstead shopping hub, Newstead College, the prestigious Scotch Oakburn College, and the reputable East Launceston Primary School – all contributing to a lifestyle of ease and accessibility.

This home offers not just a residence but a haven for those starting their homeownership journey, renovators with a vision, or investors seeking a valuable addition to their portfolio. The property's potential is only enhanced by its setting in a sought-after suburb, promising growth and desirability. Don’t miss the chance to own – and transform – this gem in Newstead.

Building size: 135m2 approx.
Land size: 346m2 approx.
Year built: 1950
Rental estimate: $440-$480 per week approx.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.