179 West StreetNewtown QLD 4350
Property Details for 179 West St, Newtown
179 West St, Newtown is a 6 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 808m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (June 2021)
SO MUCH POTENTIAL! This could be your next greatest at home business venture, a brilliant investment to add to the books, or even a central living location for a growing family.
You WON'T come across a better position than this. Situated on the corner of James and West Streets, this property is already perfect for business exposure. There is also the ability to use part of the structure as offices, a partition door in the lounge to create a waiting room, and a lockable door in the hallway to separate "home" and "work". Surrounded by already thriving businesses such as Mi-Mind Centre, Just Pharmacy Toowoomba and many more, your at-home company is sure to flourish. Need a more accessible spot for your home business? Or wanting to start fresh? Don't miss out on seeing this.
With a self-contained granny flat at the back of the property (currently tenanted for $195/week), and five generous bedrooms in the main home, this is the opportunity of a lifetime for any savvy investor. In previous years, this property has brought in a huge $440 rental return per week! The Toowoomba rental market has never been better for landlords, NOW is the time to grow your portfolio.
If the above options haven't already SOLD you, come and see all that the land offers for development. With the ability to convert the land into a multi-dwelling site. Investigations by the vendor shows potential for four townhouses.
FEATURES:
- Plenty of parking (including a single lock up garage)
- HUGE Verandah at front of property
- Generous kitchen and living to fit the entire family
- 808 m corner block
- 10 minute WALK to Toowoomba Base Hospital
- 6 generous bedrooms, 2 bathrooms, 1 car
Back on the market, and motivated to sell, this opportunity is one you do not want to miss! Contact me TODAY on 0407092960 to book your private inspection
Property History for 179 West St, Newtown, QLD 4350
- 01 Apr 2021Sold for $355,000
- 02 Oct 2018Listed for Sale $385,000
- 20 Jul 2017Listed for Sale Not Disclosed
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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 5,381 properties. Over the last 5 years, Houses in Newtown have seen a 84.02% increase in median value, while Units have seen a 82.65% increase. As at 31 August 2024:
- The median value for Houses in Newtown is $544,313 while the median value for Units is $402,898.
- Houses have a median rent of $470 while Units have a median rent of $390.
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