UniVillage… a collection of 18 new and exciting 2-level apartment buildings at Newnham, conveniently located about 5 kilometres from Launceston’s CBD and is next door to the University of Tasmania and Australian Maritime College. Each building has 12, 1 bedroom studio units.

The unique “Tri-key” design also allows the units to be combined into 2 & 3 bedroom self-contained apartment configurations. Each building is named after a well-known flower. The developer has taken great care in making sure that the apartments provide the owners/tenants with comfort, security, and lifestyle.

These apartments are ideally suited for a busy young executive or investors. There are 3 types of units to choose from and all are spacious, modern, and comes with own courtyard or balcony plus storage and car parking. Professional on-site management is available to ensure security and maintenance of the units is properly managed,

Be quick, the units are now selling “off the plan”. There has never been a better time to buy a quality apartment at such affordable prices, especially with current low interest rates and strong rental demands in the Newnham area which has the lowest rental vacancy rate in Tasmania at 1.4%

- Buy now and get free $5,000 furniture package
- Take advantage of the First Home Buyer’s Grant – $21,000 plus $4,000 stamp duty rebate
- $2000 deposit now and another 10% when construction starts in late 2009
- Settlement after completion in 2010 and issuance of strata titles.

Type A

Sale Price – $247,500
Gross Area – Ground Floor – 87.5m2
Upper Level – 70.5m2
Expected Rental* – $15,600
Gross % Yield – 6.3%

(* Based on rental of $300 pw – twin share – to international students)