120 George Town Road, Newnham TAS 7248

Offers Over $515,000

4 beds

1 baths

2 parking

The Perfect Investment or First Home

Positioned on a prominent corner allotment in an established Newnham pocket, this four-bedroom home presents a straightforward opportunity for buyers seeking immediate income with scope to add value over time.

Currently tenanted at $540 per week, the property offers a solid holding income from day one, making it particularly appealing for investors looking to secure a well-performing asset in a consistently active rental location.

Internally, the home provides a functional and flexible layout, with a central living room connecting through to the kitchen and dining space. The kitchen is practical as is, with good storage and usability, while still offering clear potential for future improvement if desired.

Accommodation comprises four bedrooms, providing versatility for families, shared living or continued rental demand. The bathroom has been updated in parts, and overall, the home is comfortable in its current condition while leaving room for further enhancement.

Set on a generous allotment, the property includes a large concrete driveway, carport, and additional off-street parking, along with a covered outdoor area and established yard space. The corner position also adds flexibility and accessibility, which is often sought after by both tenants and future buyers.

Located within close proximity to the University of Tasmania, Maritime College, local schools and shopping, Newnham continues to see consistent demand from both renters and owner occupiers alike. For buyers looking at the bigger picture, this is a property that works today, with the ability to improve and grow into the future. Contact Lochie today to register your interest.

Property Details

• Type: House
• Bedrooms: 4
• Bathrooms: 1
• Carport Spaces: 2
• Building Area: 117 m² (approx)
• Land Area: 667 m² (approx)