4/62 Bellevue Pde, New Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 87m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Nestled in the heart of New Town, this property offers the perfect blend of convenience and low-maintenance living, with features including double glazed windows ensuring year-round comfort and a carpark on title.
A charming porch welcomes you into an open-plan living area that seamlessly transitions to a bright kitchen with timber benchtops. Accessible from the kitchen, a petite, northerly aspect outdoor courtyard extends the living space.
Upstairs, two generously sized bedrooms provide a peaceful, sunny sanctuary, while the northerly bedroom benefits beautiful views of the mountain. The unit is serviced by a combined bathroom/laundry for added practicality.
Currently under lease until April 2024 with reliable tenants in place, this unit stands as a lucrative investment prospect for astute investors. For those keen to undertake a renovation venture, an exciting canvas awaits or simply those aspiring to make a seamless entry into the property market, this unit serves as an ideal starting point offering the flexibility to consider moving in at the conclusion of the lease.
Centrally positioned, the unit boasts easy access to bus links as well as the intercity cycleway leading into the city or further north to Glenorchy, while a short drive leads to the nearby New Town Plaza, providing convenient amenities. Nature enthusiasts will appreciate the proximity to Cornelian Bay, a ten-minute stroll away, offering picturesque walking tracks, public BBQ facilities, and the renowned Cornelian Bay Boathouse.
? Current weekly rental income: $365 p/w
? Heating: Electric panel heater
? Annual council rates: $1220 approx
? Annual water rates: $930 approx
? Annual body corporate fees: $1420 approx
The size of New Town is approximately 4.0 square kilometres. It has 8 parks covering nearly 9.3% of total area. The population of New Town in 2016 was 6122 people. By 2021 the population was 6781 showing a population growth of 10.8% in the area during that time. The predominant age group in New Town is 20-29 years. Households in New Town are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Town work in a professional occupation.In 2021, 56.80% of the homes in New Town were owner-occupied compared with 57.40% in 2016.
New Town has 3,091 properties. Over the last 5 years, Houses in New Town have seen a 22.63% increase in median value, while Units have seen a 16.81% increase. As at 30 November 2025:
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