108 Taylor St, Newtown is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 1397m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
The perfect development site does exist...
Enjoying two titles on a 1397m allotment with a 20 metre frontage that falls gently to the street where services are located, this property sits within low-medium density zoning making it the ideal development opportunity.
Positioned opposite Newtown Park, home of the Qld State Rose Gardens, and within close proximity to the CBD, numerous schools and major shopping centres with plenty of public transport at your fingertips you won't find a better location.
The site has a current D.A. for 5 units, expiring in September 2022, however this site has possible potential to accommodate up to 8 two storey units, subject to T.R.C. approval.
The home is currently occupied on a periodic basis by a long term tenant providing you certainty of income during the planning stage.
Our owners have provided clear instructions, the property will be sold at public auction!
Rates: Approximately $1540.58 per half year
Water Access: Approximately $314.95 per half year
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The size of Newtown is approximately 5.5 square kilometres. It has 15 parks covering nearly 15.4% of total area. The population of Newtown in 2011 was 9,564 people. By 2016 the population was 9,587 showing a population growth of 0.2% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newtown work in a trades occupation. In 2011, 55.1% of the homes in Newtown were owner-occupied compared with 52.3% in 2016.
Newtown has 5,363 properties. Over the last 5 years, Houses in Newtown have seen a 87.46% increase in median value, while Units have seen a 86.42% increase. As at 30 September 2024:
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