Discover a pristine opportunity at 1/16 Bishops Drive, Newnham - an ideal investment in every sense. Boasting a content long-term tenant who cherishes this space, this unit offers a seamless transition with a lease extending until April 2024. It's an excellent addition to your rental portfolio, promising minimal maintenance for the foreseeable future. This unit features an inviting open-plan design encompassing a recently installed well-appointed kitchen, living, and dining area. There are brand new window furnishings throughout the property, abundant storage, comfortable bedrooms, and a well-maintained bathroom. Nestled in a peaceful street, it provides undercover parking and a secluded courtyard, perfect for enjoying the afternoon sun. Convenience is at your doorstep, with short commutes to major shopping centers in Mowbray, educational institutions like the Maritime College, TAFE, Alanvale, and Inveresk University campuses. Take the opportunity to schedule a private inspection and witness the potential this property holds for you. Rental Estimate: Up To $350 p/w House size: 71m2 Land size: 252m2 Built: 1987 Rates: $1,390 p.a. approx. Council Zoning: Residential Council: City of Launceston Heritage listed: No **Harcourts Launceston 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. All measurements are approximate.**