27 Wentworth Street, Newstead TAS 7250

Solid brick construction on 1346m² | 2 living zones plus study | 10-car capacity with sheds | renovated but retains 1960s bones This property competes on land depth and parking density. A 1346m² corner block with 10 off-street positions is rare within Newstead’s established streets, and the horseshoe driveway plus workshop-shed combination suits a buyer with multiple vehicles, a trade vehicle, or equipment storage needs. The dual living areas and study allow separation for home business or multigenerational use. Renovated kitchens and flooring reduce immediate capital outlay, while the wood heater and heat pumps give heating flexibility. The property serves families needing space and trades requiring secure yard access. The 3 versus 5 bedroom discrepancy signals a renovation that may not have formal council approval for the additional rooms, which affects valuation and lending. Floor area variance between 235m² and 252m² suggests measurement inconsistency that a buyer should verify with a building survey. No bushfire or flood overlay is positive, but the 1960s brick construction may have asbestos in roofing or cladding, requiring inspection. The property sits in a stable Launceston suburb with Punchbowl Primary intake; hold for land appreciation and rental yield near $715-$830 weekly, or occupy and use the shed and parking as functional rather than decorative value.