A Fantastic Opportunity Awaits at Unit 3, 9 Norman Court

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

3/9 Norman Court, Newnham TAS 7248

Offers Over $395,000

Search Band Search Visibility Band

$395k - $415k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 Beds 1 Bath 1 Car

Listed: 2 days ago

Updated: 9 hours ago

Overview

This two-bedroom, one-bathroom unit at 3/9 Norman Court in Newnham offers a compelling opportunity for a variety of buyers including first-home buyers, downsizers, and investors. The unit presents an accessible entry-point into the market, blending comfort with convenience within a manageable and low-maintenance home setting.

The layout maximises practical living spaces, providing one parking spot which suits those who value easy parking access. The unit’s location within a community setting makes it particularly appealing for buyers seeking the simplified lifestyle unit living affords, complementing those looking for a cosy yet functional home or a solid addition to an investment portfolio.

Notably, the property is currently tenanted until May 2027, generating a reliable rental income of $400 per week, which is attractive for investors seeking stable returns with long-term lease assurances. This factor adds a dimension of security and immediate yield, easing the transition for investment buyers.

Potential buyers are invited to envision the possibility of personalising the space to their taste, making it truly their own with individual touches. The combination of a modest price point with steady rental yield, alongside a strategic location, combines to create a well-rounded proposition for a broad spectrum of purchasers.

Overall, 3/9 Norman Court is an ideal choice for those wanting a manageable, comfortable home with investment credentials or a stepping stone into home ownership in Tasmania's appealing Newnham locale.

Local Market Insights

In Newnham, Quiet Listings observed 4 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 $547,500. The property type mix of listed properties is predominantly Houses at 80%, followed by units (11%), and home for sales (6%). The most active agency for units in the Newnham area is currently Harrison Humphreys Real Estate, representing 50% of new listings, followed by Ray White with 25%. 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.