Positioned in a highly sought-after pocket of Newstead, 7 Rowan Avenue presents an outstanding opportunity to secure a low-maintenance investment in one of Launceston’s most consistently in-demand suburbs. With the City of Launceston continuing to experience strong infrastructure investment, population growth and lifestyle-driven buyer demand, properties in well-located inner suburbs such as Newstead are increasingly tightly held, making this an appealing addition to any property portfolio. Local schools, major shopping centres, childcare services and sporting facilities are all close at hand, while the Launceston CBD is only a five-minute drive away, ensuring this property remains highly attractive to long-term tenants.
The home offers three well-proportioned bedrooms, two with built-in wardrobes, a central bathroom and a functional layout that is filled with natural light throughout the day. A cosy wood heater adds warmth and charm through the cooler months, creating a comfortable living environment year-round. With no yard to maintain due to a unit having been constructed at the rear, this property delivers true low-maintenance appeal, making it an ideal set-and-forget investment without compromising on location, comfort or ongoing tenant demand.
Lease details: Exp 10/2026
Rental return: $430.00 per week
3
1
1
