1/107 Montagu Street, New Town, Tas 7008

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1/107 Montagu Street, New Town, Tas 7008-Image

1/107 Montagu Street, New Town, Tas 7008

$416,000

Unit

Type

Bedrooms

Bathrooms

55 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 1/107 Montagu Street, New Town, Tas 7008)

$416,000

Daniel ten Broeke - Real Estate Agent - Petrusma Property

Daniel ten Broeke Director | Auctioneer

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David McLeod - Real Estate Agent - Petrusma Property

David McLeod Sales Manager | Property Representative

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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, top-floor one-bedroom unit in a sought-after New Town location offering secure income and low-maintenance living.

🏡 Property Highlights

Secure tenancy until November 2026 with reliable weekly income of $380
Prime location just minutes from New Town Plaza, schools, and public transport
Top floor position within a quiet complex offering privacy and tranquility
Light-filled open plan living and kitchen area for modern living
Generous bedroom with built-in robes and shelving for ample storage
Sunny aspect with a low-maintenance, hassle-free appeal

✨ Key Features

Built-in Robes
Outdoor Area
Open-Plan Living
Waterfront / Views
Balcony
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Electric Heating
Open-Plan Living

Suburb and Property Insights of New Town, TAS 7008

New Town is a vibrant suburb renowned for its historic charm and convenient amenities. It offers excellent access to public transport, shopping at New Town Plaza, and proximity to the Hobart CBD. The area features a mix of heritage-listed homes and modern developments, making it ideal for investors and residents alike. With strong community ties and ongoing growth, New Town continues to be a highly desirable location for long-term living and investment. Its walkability, local schools, and recreational spaces enhance its appeal for a diverse range of residents.

Frequently Asked Questions

What are the ongoing costs associated with this property?

The approximate annual costs include council rates of $1,380, water rates of $1,200, and body corporate fees of $2,600.

Is the property suitable for long-term investment?

Yes, the property is currently tenanted until November 2026, providing secure income and potential for long-term growth in a sought-after location.

What amenities are nearby?

The property is just minutes from New Town Plaza, local schools, public transport, and approximately 10 minutes from Hobart CBD, offering excellent convenience.

Does the property have any special features for comfort?

Yes, electric heating ensures comfort during cooler months, and the top-floor position offers a sunny aspect and privacy.

Is the property low-maintenance?

Absolutely, the property features a low-maintenance design with a sunny aspect and minimal upkeep requirements.

What to ask about this property to agent?

Are there any upcoming or planned developments in the area that could affect the property's value or appeal? Are there any restrictions or easements on the property that could impact future renovations or use? Has the property been inspected for any structural or pest issues? Are there any strata or body corporate rules that could affect ownership or use of the property? What are the long-term plans for the complex or surrounding area that might influence property value? Is there any history of flooding or bushfire risk in this location? Are there any additional costs or fees not included in the current body corporate or council rates? What is the process for transferring the tenancy if I decide to sell the property before the lease ends? Are there any restrictions on making modifications or renovations to the unit? Is there any ongoing or upcoming maintenance planned for the complex that could impact future costs?

1/107 Montagu Street, New Town, Tas 7008 - More Details

$416,000

Positioned within the highly sought-after suburb of New Town, this well-maintained one-bedroom unit presents an outstanding opportunity for first home buyers and investors alike. Currently tenanted until July 2026 for $380per week, the property offers a secure and hassle-free addition to any portfolio, with reliable returns from day one.

The home features a light-filled open plan living and kitchen area, designed for practical everyday living. Electric heating ensures comfort throughout the cooler months, while the layout maximises both space and functionality. A personal balcony extends from the living zone, providing a pleasant outdoor space to unwind.

Accommodation comprises a generously sized bedroom complete with built-in robes and shelving space, serviced by a combined bathroom, laundry and toilet. Positioned on the top floor of a quiet complex, the property enjoys a sunny aspect and low-maintenance appeal.

Set just minutes from New Town Plaza, local schools, public transport and everyday amenities, and approximately 10 minutes from the Hobart CBD, the location continues to support strong long-term value and consistent appeal. A smart, low-maintenance investment with secure income already in place, this is an ideal opportunity for both seasoned investors and those looking to enter the market with confidence.

• Well-maintained one-bedroom unit ideal for investment
• Tenanted until 20 July 2026 at $380 per week
• Secure, hassle-free income from day one
• Light-filled open plan living and kitchen area
• Electric heating for comfort in the cooler months
• Personal balcony extending from the living zone
• Generous bedroom with built-in robes and shelving
• Combined bathroom, laundry and toilet
• Top floor position within a quiet complex
• Sunny aspect with low-maintenance appeal
• Minutes to New Town Plaza, schools and public transport
• Approximately 10 minutes to Hobart CBD
• Ideal for both seasoned investors and those entering the market
• Council rates approx. $1,380pa
• Water rates approx. $ 1,200pa
• Body Corporate $2,600pa

Type: Unit
Bedrooms: 1
Bathrooms: 1
Area: 55 m²
House Size: 55 m²

Map & nearby places — 1/107 Montagu Street, New Town, Tas 7008

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1/107 Montagu Street, New Town, Tas 7008

$416,000

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