For Sale

42 Parua Road, Newnham, Tas 7248

Smartre Sale $630,000

House

Type

Bedrooms

Bathrooms

Parkings

734 m²

Area

Published on Friday, July 10, 2026 ( See property details for 42 Parua Road, Newnham, Tas 7248)

Smartre Sale $630,000

Beck Routley - Real Estate Agent - Peter Lees Real Estate - Launceston

Beck Routley Sales Consultant

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AI Property Insight

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

A well-maintained three-bedroom brick home in Newnham, offering a secure lease until 2027, modern comforts, and excellent proximity to educational institutions and amenities.

🏡 Property Highlights

Leased investment property with a secure tenancy until 13 February 2027
Current rental income of $460 per week
Conveniently located close to the University of Tasmania and Australian Maritime College
Solid three-bedroom brick home with modern updates
Open-plan living area with new carpet and a brand-new heat pump
Single lock-up garage plus additional off-street parking

✨ Key Features

Three bedrooms
Master bedroom with built-in robe
Open-plan living
New carpet in the lounge
Brand-new heat pump
Bathroom with separate shower and bath
Single lock-up garage
Additional off-street parking
Close to public transport
Close to local shopping

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42 Parua Road

Newnham, TAS 7248

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Suburb and Property Insights of Newnham, TAS 7248

Newnham is a vibrant residential suburb in Tasmania, renowned for its proximity to educational institutions like the University of Tasmania and the Australian Maritime College. It offers convenient access to shopping, public transport, and local amenities, making it ideal for students, professionals, and investors seeking a well-established community with strong growth potential. The area features a mix of modern and traditional homes, with excellent connectivity and a welcoming atmosphere.

Frequently Asked Questions

What is the condition of the property?

The property is well-maintained, featuring modern updates such as new carpet and a brand-new heat pump, ensuring comfort and functionality.

What are the ongoing costs associated with the property?

The approximate annual rates are $1500, with fixed water charges of around $300 per quarter.

Is the property suitable for investment purposes?

Yes, the property is currently leased until February 2027 with a steady rental income of $460 per week, making it an attractive investment opportunity.

What amenities are nearby?

The property is conveniently located close to the University of Tasmania, Australian Maritime College, local shopping, and public transport options.

Are there any restrictions or special considerations for the property?

Private inspections are available by appointment only for qualified buyers; boundary lines are indicative only.

What to ask about this property to agent?

Are there any upcoming planned developments or zoning changes in the area that could affect the property value? Are there any known issues or defects with the property, such as structural problems or pest infestations? What are the total costs involved in purchasing, including stamp duty, legal fees, and ongoing expenses? Is the property compliant with all local building codes and regulations? Are there any easements, covenants, or restrictions affecting the property? What is the history of the property's maintenance and repairs? Are there any planned or ongoing construction projects nearby that could impact noise or access? Is the property located in a flood or bushfire-prone area? Are there any strata or body corporate fees applicable if applicable? What are the terms of the lease, and are there any conditions or restrictions for future tenants?

42 Parua Road, Newnham, Tas 7248 - More Details

Smartre Sale $630,000

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 3
Area: 734 m²
House Size: 103 m²

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42 Parua Road, Newnham, Tas 7248 - Point Of Interest

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