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7/167a Punchbowl Road NEWSTEAD TAS

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Excellent Investment or First Home
Nestled in the heart of Newstead, this two-bedroom unit is ideal for first home buyers, investors, or downsizers, offering excellent proximity to local amenity and the CBD.

Both bedrooms feature built-in robes, ensuring practical storage, while the functional layout includes a combined bathroom and laundry designed for easy day-to-day living.

The open-plan living and kitchen area is filled with natural light and opens directly to a private external courtyard, creating easy connection between indoor and outdoor spaces. A garage with secure internal access provides an additional layer of convenience.

The property is expected to return around $420 per week in rent, making it an attractive option for investors - though first home buyers and downsizers will appreciate the convenience of this location.

Newstead itself is a highly sought-after suburb, renowned for its tree-lined streets, local cafés, excellent schools, and beautiful parks. Everything you need is within walking distance, giving you the freedom of a low-maintenance lifestyle without compromising on amenities.

Whether you are looking for your first step into the market, a smart investment with strong rental appeal, or a property that allows you to downsize without losing comfort and practicality, this property represents a great opportunity in one of Launceston's most tightly held neighbourhoods.

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property Information

  • Residential Sale
  • $ 415,000
  • TAS
  • Launceston & Northern
  • NEWSTEAD
  • House
  • Sold
  • 65 sqm
  • 162 sqm
  • 1