4/4 Alanvale Road
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About this property
4/4 Alanvale Road, Newnham Offering a gross return in excess of 5%, this well-located and fully furnished unit presents an outstanding opportunity for investors seeking strong income and long-term demand. The property is filled with natural light and features a spacious living area, three bedrooms and two bathrooms-a rare configuration for units of this era and highly appealing to tenants. A private balcony, lock-up storage room, undercover carport and additional off-street parking further enhance functionality and value. Ideally positioned within walking distance of the Australian Maritime College and the University of Tasmania, with shops and public transport directly at the doorstep, this location continues to attract consistent rental demand. A 12-month tenancy is currently in place, providing immediate and secure rental income from day one. Key Features; Gross return exceeding 5% Fully furnished investment property Spacious living area with reverse-cycle heat pump Well-appointed kitchen with ample storage Three bedrooms and two bathrooms Combined bathroom/laundry + separate ensuite Private balcony Lock-up storage room One undercover carport plus off-street parking Close to schools, shops, public transport and university campuses A solid, low-maintenance investment in a high-demand precinct-this is an opportunity not to be missed.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 113 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Newnham
This 3-bedroom house in Newnham, TAS 7248 sits within reach of public transport, local shops and nearby schools. It is listed 26% below the $569,000 median of 56 comparable houseswithin 5 km.
Schools near Newnham
- Australian Christian College - Launcestoncombined · Prep-10 · CoEd
- Mastery Schools Australia - Launcestonspecial
What's nearby
- Alanvale Rd (TAFE) Out (bus) — 426 m away
- Mission Shop — 660 m away
- Laver Grove Park — 304 m away
- Torrens Street Park — 731 m away
- Mount Stuart Reserve — 805 m away
Newnham at a glance
Full suburb profile- Population
- 7,073
- Median age
- 34
- Household income
- $1,223/wk
- Median rent
- $270/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Newnham price trend
Median sold · House 3 bed
Compound growth +6.7% / yr over 4 yrs
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