11/5 Marsh Street

New Town TAS 7008

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 62m, 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 built-in robes, the layout is light and functional, and the property includes the convenience of off-street parking.Its elevated position provides natural light and privacy, while the location ensures ongoing tenant demand. New Town's cafs, shopping precincts and services are within walking distance, with quality schools and public transport close by, and Hobart's CBD just minutes away. With a strong rental return, secure tenancy in place, and one of Hobart's most sought-after suburbs as its backdrop, this is a property investors won't want to miss.Key details: Upstairs unit with natural light and privacy Off-street parking Built-in robes Walking distance to New Town shopping precincts Lease secured until 29th November 2026 at $420 per week Council rates $1,463 pa approx. Body Corporate $2,000 pa approx.