Prime New Town Investment - Strong Returns & Secure Tenancy
Positioned in the heart of New Town, this two-bedroom upstairs unit is an outstanding set-and-forget investment. Built in 1972 with a floor area of 62m², it is secured with a lease through until 29th November 2026 at $420 per week, offering both excellent returns and long-term certainty.
The unit is well maintained and designed for practical, low-maintenance living. Both bedrooms are fitted with buil
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact Nathan Free to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
What's nearby
Bowen Road SchoolPrimary School
0.7km
Ogilvie High SchoolHigh School
0.3km
Calvary Health Care TasmaniaHospital
0.1km
Shopping CentreMajor Shopping Centre
3km
Elizabeth CollegeCollege
2.9km
New Town Post OfficePost Office
0.6km
Tafe - Hopkins Street CentreTafe
0.5km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
22 Oct 2025
Sold
EIS Property Hobart
$385,000
Contract: 22/10/2025
Listed: 29/09/2025
Days on market: 23
Block size: 79m²
Transfer type: Full transfer
27 Jan 2011
Sold
$197,000
Contract: 27/01/2011
Block size: 79m²
Purpose: Multiple storey units
23 Aug 2006
Sold
$147,000
Contract: 23/08/2006
Block size: 79m²
Purpose: Multiple storey units
14 Sep 1996
Sold
$53,000
Contract: 14/09/1996
Block size: 79m²
Purpose: Multiple storey units
New Town suburb information
A little bit about who lives locally, as provided by government census data
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.