27 David Street, Newstead, Tas 7250

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
626 m²
Area

Published on Monday, September 14, 2026 ( See property details for 27 David Street, Newstead, Tas 7250)

Expressions of Interest - Closing 5th Oct

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming character cottage with a versatile shopfront, set on a prominent corner in the heart of Newstead, offering excellent lifestyle and investment opportunities.

🏡 Property Highlights

  • Character-filled 1940s cottage with modern updates
  • Separate shopfront with established tenancy
  • Prominent corner position in sought-after Newstead
  • Beautiful manicured cottage-style gardens
  • Versatile sunroom suitable as third bedroom or home office
  • Potential for both residential and commercial use

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Water tank
  • Air Conditioning
  • Fully fenced
  • Decked outdoor area
  • Separate shopfront
  • Internal Laundry
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27 David Street
Newstead, TAS 7250
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Vertical aerial view — 27 David Street
27 David Street — Vertical Aerial  •  Newstead, TAS 7250  •  Nearmap © 2026

Newstead is a highly sought-after suburb known for its charming character homes, lush gardens, and vibrant community. It offers excellent access to local shops, schools, and amenities, with the Launceston CBD just a short drive away. The area combines a relaxed lifestyle with convenient urban living, making it ideal for families, professionals, and investors. Its prominent corner position and diverse property options make Newstead a prime location for both lifestyle and growth.

What is the condition of the property and are there any recent renovations?
The property is a well-maintained 1940s cottage that has been tastefully updated, including a new kitchen, fresh internal and external paintwork, and manicured gardens, ensuring modern comfort while retaining its character.
What are the potential uses for the shopfront space?
The shopfront currently operates as a commercial space with an established tenancy, but it offers flexibility for various uses such as retail, office, or other commercial purposes, subject to council approval.
Are there any ongoing costs or rates associated with the property?
Yes, the council rates are approximately $4,141.29 per annum, and water rates are approximately $1,282.28 per annum. The property also has separate power for the house and shop.
Is the property suitable for future development or expansion?
The property is zoned INNER RESIDENTIAL & COMMERCIAL, which may allow for certain development or expansion opportunities, subject to local council regulations and approvals.
What is the rental potential for both residential and commercial components?
The residential rental estimate is between $620 and $640 per week, while the commercial space currently generates approximately $1,151.67 plus GST per month.
Are there any easements, covenants, or planning restrictions affecting the property? Has the property been inspected for any structural issues or pests? Are there any upcoming council or community developments in the area that could impact the property? What are the terms of the current commercial lease, and are there any upcoming lease reviews? Is there any history of flooding or bushfire risk in this area? Are there any additional costs for maintenance or repairs not disclosed? What are the zoning restrictions for future modifications or extensions? Are there any planned infrastructure works or roadworks nearby that could cause disruption? Is the property compliant with all building codes and safety standards? Are there any strata or body corporate fees applicable if the property is part of a larger development?

27 David Street, Newstead, Tas 7250 - More Details

Expressions of Interest - Closing 5th Oct

Positioned prominently on the corner of David and Douglas Streets in the popular suburb of Newstead, 27 David Street presents an exciting opportunity combining a beautifully maintained 1940s residence with an established shopfront.

The character-filled home has been lovingly cared for while being tastefully updated for modern living. Beautiful original features are complemented by a brand-new kitchen, fresh internal and external paintwork and beautifully manicured cottage-style gardens, creating a home that is both charming and inviting.

Internally, the residence offers two generously proportioned bedrooms, both complete with built-in robes, while a versatile sunroom provides the option of a third bedroom, home office or additional living space. The modern kitchen is drenched in natural sunlight and features quality modern appliances, excellent bench space and ample storage. Positioned directly off the kitchen, the lounge provides a warm and inviting space to relax and unwind, while the stylish bathroom features a separate shower.

An internal laundry adds further convenience, while two reverse-cycle air conditioning systems ensure the home remains comfortable throughout the seasons.

Outside, the beautifully manicured gardens create a wonderful cottage feel, with the fully fenced grounds providing a secure and private setting. A decked outdoor area offers the perfect spot to sit back and enjoy the afternoon sun, surrounded by established gardens.

Adding further versatility is the separate shopfront, currently tenanted by an established local business. The commercial space has its own access from David Street and includes a separate amenity, providing an appealing opportunity for the next owner to enjoy an existing tenancy while also offering the flexibility to continue the current use or explore the property's potential for a variety of purposes.

Situated in the heart of sought-after Newstead, the property is conveniently located close to local shops, schools and everyday amenities, while the Launceston CBD is only a short distance away.
Offering the rare combination of a character home and separate shopfront on a prominent corner position, 27 David Street provides an exciting range of options for homeowners, business operators and investors alike.

- Beautiful character cottage;
- Separate power for the house & shop;
- Separate hot water;
- Residential rental estimate $620 - $640 per week.
- Commercial rental income currently $1,151.67 + GST per month. Currently a month by month lease.

Built year: 1940 approx.
Land size: 483m2 approx.
House size: 150m2 approx.
Council Rates: $4,141.29 pa approx.
Water Rates: $1,282.28 pa approx.
Zoning: INNER RESIDENTIAL & COMMERCIAL

Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
626 m²
Study
1
House Size
150 m²

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