764 4018sqm
Sold $895,000
34 Alanvale Road NEWNHAM, TAS 7248
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Investment And/Or Development Opportunity!!

Property Description

Here is a property that provides an opportunity for both investment and potential further development. The three bedroom, two bathroom home along with four x one bedroom units are situated on just under one acre, with the gently sloping internal block having the option to possibly strata into individual titles (STCA). There is also the potential to build further dwellings (STCA) whilst securing a solid rental income from the existing home and units.

The brick and tile home that has been in the same family for around 70 years has been recently painted throughout and enjoys solid timber doors and architraves with elevated views from the two front living areas of the home across to the western suburb of Riverside. A large, wide mantle is a striking feature with both rooms able to be closed off with frosted glass doors separating the area and electric heating for the cooler months.

A neat and tidy kitchen with large pantry, Westinghouse wall oven and hotplates overlooks the rear yard and along with the adjacent dining room boasts lovely decorative plaster cornices and further electric heating. Built in robes are in two of the three good sized bedrooms and two bathrooms, one with full bath and separate shower, provide convenience as a family home.

A handy paved BBQ entertainment area is located at the rear of the home along with mature shrubs, shedding for outdoor storage, a secure double garage and separate single garage beside the house itself.

Four x one bedroom units are also situated on the property, all with inverter heat-pumps, updated window and floor coverings, modernised kitchens, updated bathrooms and long term tenants hoping to remain.

With loads of space, a quiet location yet only a short two minute drive to the local supermarket, bakery and butcher and around five minutes’ drive into the Launceston CBD, the property is ideally located.
Also very close to the TAFE College and Australian Maritime College with public transport running straight past the driveway.

Plenty of options to consider with this vast parcel of land and multiple dwellings, so please call me today to arrange a private viewing.

Council Rates: Approximately $5138 per year
Water Rates: Approximately $1120 per quarter

Bushby Property Group 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.

Amenities

  • Land is 4018 m²
  • 3 Garage
  • Carport
  • Secure Parking
  • Built In Robes
  • Broadband
  • Outdoor Entertaining
  • Shed
  • Brick Veneer
  • Fixed and fitted floor coverings
  • Heat Pump
  • Landscaped
  • Light fittings
  • Two Living

Location

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