66 Hart Street, Newstead TAS 7250

Newstead is such an appealing suburb and offers its residents the convenience of multiple schools, shopping, medical amenities and public transport. It is a hub of sporting opportunities with walking and bike tracks close by and soccer and netball facilities almost on your doorstep. This Hart Street property is set on a generous sized flat parcel of land of approximately 650m2. Consider the possible potential to build an additional dwelling to increase your return on investment (STCA) Currently tenanted and returning $300 per week in rent, this three bedroom, neat home is Zoned Inner Residential and has the added bonus of a super sized carport that will accommodate the family vehicles plus caravan or boat. With an estimated return on investment of somewhere between 5.5% and 6% this property presents a sound opportunity for investors or wonderful opportunity for first home owners to get into the market.