5/5-7 Patricia Place, Newnham

This property is a unit located on a lot in 5149621 Newnham TAS. Data from comparable sales value it at about $200,000. Constructed in 1990, it has 2 bedrooms, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
1
Land size
202 m2
Building size
80 m2
Council area
Launceston
Year built
1990
Lot plan
5149621 Newnham TAS
House type
Unit: Standard



HISTORY

Last sold 09/08/2016
$160,000



LISTING DESCRIPTION
as of April 2018

INVESTOR ALERT! Perfectly positioned in Patricia Place, if you're looking to commence or indeed increase your investment portfolio, this Unit will certainly tick all your boxes. With an appealing 7% rental return, this 2 bedroom brick unit has a lease secured through to January 2019. On a flat block with fenced yard, this property is conveniently located close to the University and local shopping strip, making an attractive opportunity for investors and tenants alike, or for those simply looking to downsize to a smaller home in a handy location. With plenty of natural light, the neat and tidy kitchen flows through to a spacious living area and provides access to the rear yard. Both bedrooms include built-ins and are serviced by a generously sized combined bathroom/laundry. Be quick to ensure you don't miss out on this ideal opportunity.