44 Glebe Rd, Newtown is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 749m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
This is a rare opportunity to secure a low maintenance triplex, on 749 m2 block, in a prime position of Newtown. With exceptional tenants already in place and an investment property where all the hard work is already done, take advantage of this great opportunity to own a prime piece of Ipswich Real Estate.
Features of each unit:
Modern open plan kitchen, dining and lounge rooms
Rental income all units are rented and will total $1180 per week or $61 360 per annum.
Other Fees:
No body corporate fees
Insurance - $2200 per annum
Rates $1493 p/q
Water - $800 p/q (approx)
Located in one of our premiere locations, only minutes to: Ipswich CBD, Queens Park, Booval Fair, East Ipswich Rail, and a myriad of both Public and Private Schools.
Call Laney McQueen today to arrange a private inspection.
The size of Newtown is approximately 0.7 square kilometres. It has 3 parks covering nearly 3.4% of total area. The population of Newtown in 2011 was 1,453 people. By 2016 the population was 1,624 showing a population growth of 11.8% in the area during that time. The predominant age group in Newtown is 50-59 years. Households in Newtown are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 66.5% of the homes in Newtown were owner-occupied compared with 64.8% in 2016.
Newtown has 649 properties. Over the last 5 years, Houses in Newtown have seen a 113.91% increase in median value, while Units have seen a 81.35% increase. As at 31 October 2024:
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