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Overview
275 James Street, Newtown QLD 4350
Positioned in a high-exposure and ultra-convenient location in Newtown, this extensively renovated early 1900s property presents a unique dual-income investment opportunity. Located directly opposite major retail outlets and just minutes from the CBD, the property offers strong rental returns and future flexibility, making it ideal for investors or owner-occupiers.
The property generates a combined rental income of $995 per week and consists of a renovated character home alongside a fully self-contained two-bedroom granny flat. Both dwellings have separate water and electricity meters, enhancing tenant independence and increasing investment appeal.
Main Residence – Character Charm with Modern Comforts
The main residence features three spacious bedrooms, each equipped with built-in wardrobes, ceiling fans, smoke alarms, and polished timber flooring. The master bedroom includes his-and-her built-in wardrobes. Additionally, there is a versatile separate office space that can function as a fourth bedroom or a work-from-home area.
The air-conditioned living area is bright and functional, fitted with LED lighting, ceiling fans, and NBN connectivity. The adjoining kitchen and dining area is well-appointed with a ceramic cooktop, rangehood, dishwasher, pantry, and ample storage space.
The bathroom has been recently retiled and includes a bath, shower, vanity, and toilet. There is also a second toilet located downstairs. Additional features include an electric hot water system and a generous under-house laundry and storage area.
Granny Flat – 275B James Street
Privately positioned, the fully self-contained granny flat offers two bedrooms, both with built-in wardrobes and ceiling fans. It is serviced by a modern bathroom with shower, vanity, and toilet.
The open-plan living area is air-conditioned and flows into a well-equipped kitchen featuring timber benchtops, quality appliances, a dishwasher, and ample cabinetry. Vinyl plank flooring throughout ensures low-maintenance living.
Externally, the granny flat includes a fully fenced private yard, carport accommodation, separate metering, and its own washing line. Currently rented at $460 per week, it represents a strong and reliable income stream.
Outdoor & Additional Features
- Double carport with remote-controlled garage door to the main house
- Side access with a long driveway providing additional parking
- Private backyard with maintained gardens
- Large under-house storage ideal for tools and equipment
- Fresh external paintwork
- Upgraded power system and NBN connected
The property is located within close proximity to schools, public transport, hospitals, and everyday amenities, making it a rare opportunity to secure a high-performing asset in a tightly held location. Whether you choose to invest, occupy, or maximise returns, this property offers excellent potential.
General rates are $1,469.10 per half-year and water rates are $377.40 per half-year.
Change History
| Headline | When |
|---|---|
| Offers To Purchase - Ending 18 May, 2026 | |
| Offers Above $999,000 |
Location
Newtown QLD 4350
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 153 sqm |
Market Insights for Newtown QLD 4350
Other properties in this postcode
U2: $850k | U1: $875k | U3: $975k
1-3/61 Sardon Street, Centenary Heights QLD 4350
Buyer interest above $1,700,000
76 Mackenzie Street, Mount Lofty QLD 4350
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
