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Sold on 06 Jun 2024 - Price Unavailable

172 Jellicoe Street
Newtown QLD 4350

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 981m2
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Property Details for 172 Jellicoe St, Newtown

172 Jellicoe St, Newtown is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 981m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 8 bedroom BlockOfUnits sold in Newtown in the last 12 months.

Building Type
BlockOfUnits
Land Size
981m2
Local Government
Toowoomba Regional
Lot/Plan
1/BUP10970

Last Listing description (June 2024)

Unveiling an extraordinary investment opportunity in one of Toowoomba's most coveted suburbs, Newtown, this quadplex is the epitome of long-term stability, superb returns, and exquisite renovations.

� Comprising four units, this quadplex is meticulously maintained, offering a high-quality living experience for all occupants.

� Each unit is currently occupied by exceptional long-term tenants, ensuring a consistent and reliable income stream.
� Every unit in this quadplex has undergone a transformation in the last 6 months, marked by loving attention to detail and thoughtful upgrades.
� Units 1 and 2 boast polished floorboards, exuding timeless elegance, while units 3 and 4 feature hybrid flooring, offering a modern and low-maintenance living environment.
� The electrics and plumbing throughout the quadplex have been comprehensively upgraded, ensuring the utmost safety and convenience.
� Freshly painted interiors provide a clean, crisp canvas for residents to make their own.
� Units 3 and 4 are graced with brand new kitchens, equipped with modern appliances including new dishwashers in Units 3 and 4.
� All new fans have been installed in all 8 bedrooms
� The quadplex has seen a significant exterior facelift, including renovated driveways for an inviting entry.
� Exterior fences have been professionally painted to enhance the curb appeal.
� New dividing screens have been added between each unit to provide privacy and separation. The courtyards have all received an modern tasteful upgrade
� Individual privacy screens on each unit contribute to the serene and private atmosphere.
� All new underground plumbing installed from rear of the block allowing better drainage.
� Spreaders on the roof added for extra drainage during heavy rain.
� Carport in unit 3 rebuilt
� Driveways rebuilt, repaired and updated.
� The complex has been beautifully adorned with new gardens, creating a tranquil and inviting atmosphere for residents to enjoy.
� The extensive renovations and exterior improvements have had a profound impact on the quadplex's income potential.
� The property now commands an impressive return of just of just over $1,400 per week (3 units at $350 and one at $360), reflecting the quality and attention to detail invested in its transformation.

This quadplex is now accepting offers. Don't miss your chance to acquire a prime piece of real estate that combines incredible rental potential with unparalleled quality.

Property History for 172 Jellicoe St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
06 Jun 2024
  • 06 Jun 2024
    Sold
  • 22 Dec 2023
    Listed for Sale Sold
  • 19 Sep 2018
    Listed for Sale $643,000
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About Newtown 4350

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 5,382 properties. Over the last 5 years, Houses in Newtown have seen a 79.71% increase in median value, while Units have seen a 75.27% increase. As at 31 July 2024:

  • The median value for Houses in Newtown is $532,619 while the median value for Units is $386,941.
  • Houses have a median rent of $460 while Units have a median rent of $380.
There are currently 23 properties listed for sale, and 20 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 4350

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Contact agent
Phillip Coorey
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Ben Barrowclift
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LJ Hooker Toowoomba
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.