Newtown, Newtown QLD 4350

This two-bedroom unit represents an outstanding opportunity for keen investors seeking a well-located property in a thriving community. Situated only a brief three-minute walk from Clifford Gardens shopping centre, residents benefit from convenient access to an array of retail outlets, dining options, and everyday services. The prestigious Glennie School is also within a short seven-minute walk, adding strong appeal to families and educationally motivated tenants.

The unit lends itself well not only for traditional residential tenancy but also for potential use as an Airbnb host property, providing an additional avenue for rental income. The property has been tenanted consistently by the current occupant for over four years, evidencing a stable rental history.

Key features of the property include two generously sized bedrooms, both equipped with built-in wardrobes to maximize storage capacity. The kitchen and bathroom feature elegant stone benchtops, delivering a quality finish and modern aesthetic. Comfort is enhanced with ceiling fans installed in both the living and bedroom areas along with a split-system air conditioning unit ensuring effective climate control throughout the year.

Outdoors, the property boasts a wrap-around balcony that offers ample space for relaxation and entertaining while overlooking the surrounding locale. Secure parking is provided via a single lock-up garage, supplemented by a shared covered visitor parking area to accommodate guests.

Financially, the property commands a rental income of $300 per week. Body corporate fees are $500 per quarter after an on-time payment discount has been applied. Council rates amount to $1036.08 (net) on a half-yearly basis, while water access fees of $314.95 (net) are also payable each half year.

Heating & Cooling

• Air Conditioning
• Split-System Air Conditioning

Outdoor Features

• Balcony

Indoor Features

• Built-in Wardrobes

This property combines convenience, comfort, and investment potential in a sought-after location. It provides an excellent rental yield with the flexibility of Airbnb hosting and is ideal for investors looking for a reliable asset with stable tenancy and proximity to key amenities.