Space, Comfort & Future Potential on 900m²

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162 George Town Road, Newnham TAS 7248

Offers Over $545,000

Search Band Search Visibility Band

$500k - $550k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 2 Cars 900 m²

Listed: 7 days ago

Updated: 4 hours ago

Overview

Situated on a generous 900 square meter allotment, this established home in Newnham offers exceptional space and potential for a variety of buyers including first-home owners, families and investors.

The property includes three bedrooms alongside a fully renovated bathroom, blending contemporary updates with the warmth typical of established homes. Year-round comfort is ensured by a combination of a reverse-cycle heat pump and a wood heater, supplemented by a heat transfer system extending warmth to the bedrooms.

What truly distinguishes this offering is the expansive outdoor space which not only provides privacy and room for outdoor living but also presents potential for subdivision or future development, subject to council approval.

For those who require additional storage or a workspace, a large double door shed with power and dedicated workshop area is a significant asset. This space accommodates vehicles, tools, hobbies, or projects, adding valuable versatility to the property.

Three bedrooms providing comfortable accommodation
Recently renovated bathroom enhancing modern appeal
Efficient heating solutions including reverse-cycle heat pump and wood heater
Heat transfer system servicing bedrooms for distributed warmth
Spacious approx. 900m² land parcel with potential for subdivision (STCA)
Large powered shed with workshop area ideal for multiple uses

This home offers a flexible lifestyle on a large landholding with immediate comfortable living and promising future prospects, making it suitable for those valuing space, comfort, and potential in the Newnham locale.

Local Market Insights

In Newnham, Quiet Listings observed 25 new houses entering the market over the last 30 days, up from 14 during the previous 30-day period, with an average advertised asking price of $587,440. The property type mix of listed properties is predominantly Houses at 81%, followed by units (9%), and home for sales (6%). The most active agency for houses in the Newnham area is currently Ian McCallum - Property Representative, representing 20% of new listings, followed by Ray White with 16%. 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.