98-100 Penquite Rd, Newstead TAS 7250, Australia
Rarely does an investment opportunity like this outstanding, high quality, low maintenance property come along!
This exceptionally located home is a one minute stroll to Scotch Oakburn College, Newstead cafes and shopping a short walk and Launceston City Centre a very short drive away.
The property currently has 2 secured tenants on the lower level in luxurious, high quality 2 bedroom, 2 bathroom units. Each have their own private deck. Whilst upstairs the current owners enjoy a private residence featuring 2 bedrooms, a lovely bathroom and an entertainer’s kitchen which flows to the open plan living/dining space and on to a massive deck. The perfect spot for entertaining friends and family or simply relaxing with your morning coffee whilst soaking up those superb mountain views.
The options here are vast! Continue to benefit from great returns whilst living upstairs or rent all three.
Each dwelling enjoys a single lock up garage with the master unit also having a workshop space as well as a lock up garage. Combined with an easy care garden and sitting regally on 1075m2 (approx) of land with established fruit trees. There is also additional space for parking a caravan, trailer or boat.
With no expense spared on the renovations/conversion this all adds up to money in the bank!
