Investors, investors! Here is an opportunity in a highly sort after rental area, only 5 minutes from the heart of Launceston.

This pleasant 2 bedroom brick unit features a spacious lounge, built in robes in both bedrooms, combined bathroom/laundry, single carport and a good sized level garden perfect for planting veggies or relaxing in privacy.

Offering a stable rental return of $200 per week with the current tenant of two happy years hoping to be able to stay on beyond Oct 2016 when the current lease expires. And why not, such a low maintenance pad within walking distance of public transport, quality schools and a plethora of facilities.

Newstead itself is a quality suburb with a strong reputation for premium schools including Scotch Oakburn College Primary and Senior Campus, St Thomas Mores Primary School and Punchbowl Primary. The Newstead shopping hub features Coles, major banks, doctor’s surgery, restaurants, chemist, post office, florist, giftware’s, hairdresser and beauty salon, bakery and liquor shop.

Property Features:
- Fantastic investment opportunity
- Quality long term tenant
- Both double bedrooms have built ins
- Spacious open plan living area
- Private, fenced yard with garden shed