26/367-369 Margaret Street
Newtown, QLD 4350

Overview

26/367-369 Margaret Street, Newtown QLD 4350

Positioned in a highly sought-after pocket of Newtown, this exceptional investment property offers an ideal combination of location, stability, and long-term return potential.

This well-maintained upper level unit includes the following features:

• Two spacious bedrooms equipped with built-in wardrobes
• One well-sized bathroom
• Undercover car space for secure parking
• Air conditioning installed in both bedrooms and the lounge room for year-round comfort
• Security screens fitted on windows and doors to enhance safety
• A pleasant balcony area perfect for entertaining guests or enjoying quality time with family and friends

This property represents an outstanding opportunity for astute investors. It is currently tenanted by long-term occupants under a secure lease until January 2027, ensuring immediate and reliable rental income from the outset.

Situated within a well-presented complex, the apartment is conveniently located just minutes from local shops, cafes, public transport, and essential amenities, making it a consistently attractive option for tenants.

Key features of this investment include:

• Proven rental performance with long-term tenants in place
• Low-maintenance investment in a blue-chip location
• Strong demand area ensuring ongoing rental appeal
• An ideal addition to any property portfolio

The current rental appraisal is $480 per week, applicable when the existing lease concludes. The property is presently leased until 30th January 2027 at $430 per week.

Additional costs include body corporate fees of $630 per quarter, general rates of $1,341.01 net per half year (after discount for timely payment), and water rates of $377.40 net per half year (after discount for timely payment plus consumption).

Whether you are expanding your investment portfolio or securing your first income-producing property, this opportunity should not be missed.

Location