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3//72 Alanvale Road, Newnham TAS 7248

$499,000 - $539,000

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$499k - $524k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 3 Beds 1 Bath 1 Car 277 m² 94 m²

Listed: 59 days ago

Updated: 58 days ago

Overview

Set within a quiet three-unit complex, this renovated villa in Newnham offers a well-balanced blend of low-maintenance living and investment potential. Built in 1994 and recently refreshed, the property appeals to buyers seeking a turnkey home or a dependable rental opportunity.

The open-plan living area benefits from a reverse cycle heat pump, ensuring comfort throughout the seasons while fostering a cosy and inviting atmosphere.
All three bedrooms are equipped with built-in robes, providing ample storage space without compromising living areas.
Modern conveniences include a newly fitted kitchen featuring a breakfast bar and dishwasher, designed to enhance daily functionality and effortless meal preparation.
The bathroom is generous in size, combining a walk-in shower, separate bath, and integrated laundry facilities to meet diverse lifestyle needs efficiently.
An enclosed rear yard delivers a safe, private outdoor environment suitable for children and pets, complemented by off-street parking for two vehicles which is a valuable asset in a residential setting.
With no active Body Corporate fees, the ownership costs remain approachable, enhancing the appeal for both owner-occupiers and investors alike.

Its location adds to its merit, positioned close to educational institutions including TAFE, University of Tasmania, and the Australian Maritime College, as well as near Mowbray shopping precinct. The property is also only about a 10-minute drive from the Launceston CBD, offering convenient access to urban amenities.

Currently tenanted at $500 per week until May 2027, this villa presents a practical and attractive option for those looking for an established investment or a comfortable home that fosters ease and convenience.

Local Market Insights

In Newnham, Quiet Listings observed 5 new units entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $550,000. The property type mix of listed properties is predominantly Houses at 79%, followed by units (13%), and home for sales (5%). The most active agency for units in the Newnham area is currently Harrison Humphreys Real Estate, representing 40% of new listings, followed by Ray White with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.