Brick Apartment block of 6 very solid, neat 2 bedroom apartments in highly sought after Newstead area 5-7 mins approx. to Launceston CBD and close to Newstead shopping with all amenities – shops, supermarkets, hotels, good schools, Punchbowl Reserve, public transport, etc. Positioned on Penquite Road, this property offers rear access to a large vehicle carpark and rear access to the apartments. Great Opportunity for the astute investor to obtain solid, consistent rental returns, or potentially further develop or strata title apartments (STCA) in a very sound location.