120 George Town Road, Newnham TAS 7248
3 beds
1 baths
2 cars
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Property details
Calling Investors Great Opportunity
This sweet 1950s lady has hit the market and is a chance for those looking for a ready-set investment opportunity to pounce. Currently tenanted at $520 per week its a great rental yield with lovely tenants on a 24-month lease and they would love to stay! This 3 bedroom home is in an ideal location for tenants being close to public transport and just 5 minutes from the Mowbray shopping precinct where youll find supermarket and all amenities. Newnham is fast becoming one of the most popular suburbs in Launceston and properties in this bracket are moving quickly. Boasting nice interior finishes neutral colour palette reverse cycle heating rumpus room that could be utilised as a fourth bedroom large fully fenced back-yard. perfect for children and pets dual driveway access car-port and off-street park. Dont wait!
3Bedrooms
1Bathrooms
2Car spaces
HouseProperty type
665 m²Land
Newnham market
Full suburb reportMedian listing—
Median sold—
Typical selling time0 days
Tracked sold properties0
Spachus Property Estimate
$461,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$32,000
6.9% below the Spachus estimate
Property Overview
120 George Town Road, Newnham TAS 7248 is a house. It has 3 bedrooms, 1 bathroom and 2 car spaces. It is currently listed at $429,000. It has been on the market for 384 days.
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