1/115 Penquite Road

Positioned within one of Newstead's most established pockets, this solid brick unit within a block of 6, offers low-maintenance living in a highly convenient location. The home features a practical floorplan comprising a central living room and a functional kitchen with ample storage. Large windows allow natural light to filter through the home, adding warmth to each space. Accommodation includes two well-proportioned bedrooms, serviced by an updated bathroom, while a reverse cycle heat pump provides year-round comfort. Two designated off-street under cover parking spaces further enhances the practicality of the property. With scope for future improvement, buyers may choose to undertake cosmetic updates over time and add value where desired. With a rental estimate of $420 per week, and with good AirBNB potential (STCA), this is also a smart investment. Positioned close to schools, shops, and the Launceston CBD, this property offers affordability and convenience in a highly sought after location. Contact Lochie today to register your interest.