SOLD
Sold on 09 May 2024 for $600,000

2 Nathan Street
Newtown QLD 4350

Bedrooms: 2
Bathrooms: 2
Car spaces: 4
Floor area: 100m2
Land area: 1356m2
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Property Details for 2 Nathan St, Newtown

2 Nathan St, Newtown is a 2 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 1356m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Newtown in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
100m2
Land Size
1356m2
Local Government
Toowoomba Regional
Lot/Plan
9/SP113458

Last Listing description (June 2024)

ATTENTION: DEVELOPERS! Set on the corner of Nathan & Hamilton Streets in Newtown, seize this 1356m2 land-site WITH HOUSE for your profitable 4-Unit development, located 150m to Park and 650m to Wyalla Plaza.

I SAID: Develop 4 units on this huge corner land site near shops!!!

QUICK GLANCE:

- Approval granted to split the house block off

and

- Approval granted for multi-residential development of 4 units (2 x 2 Bedroom Units and 2 x 3 Bedroom Units)

SPECS & FIGURES:

- Allotment size: 1356m2 corner
- Allotment dimensions: 43.8m x 31.5m (approx.)
- Zoning: Low-Medium Density Residential Zone / Urban Residential Precinct
- Subdivision approval: Yes, reconfiguring lot into two lots has been approved
- Development Approval decision: 21 June 2018
- Nathan Street flavour: Wide street with large median strip
- Stormwater management report available

THE HOUSE:

- Currently tenanted
- Neat updated timber cottage with front deck
- Lounge room with floating timber floors, large air-conditioner & ceiling fans
- Dining room
- Updated kitchen with dishwasher, large pantry, plenty of cupboards, a double sink, electric cooking and contemporary splash-back
- Master bedroom with updated ensuite and walk-in robe
- Bedroom 2 with ceiling fan & built-in robe
- Updated main bathroom with toilet & shower
- Big cupboard to large laundry
- Corrugated iron finish on the outside of house for easy-care low maintenance
- Security screens to all windows
- House yard fenced on 3 sides
- Hot water system
- Gas bottle connection
- Wow! 4 bay carport with easy access to home

WHAT'S NEARBY?

- 150m to Gesch Park
- 500m to large peaceful oasis of Newtown Park
- 650m to Wyalla Plaza
- 1.4km to Newtown Primary School
- 1.9km to Clifford Gardens Shopping Centre
- 2.8km to Grand Central Shopping Centre & CBD
- 2.9km to Wilsonton High School

WITH EVERYTHING ON THE DOORSTEP of this rare 1356m2 corner allotment, the scene is set for YOUR PROFITABLE UNIT DEVELOPMENT.

JACQUI WALKER is standing by right now to answer your questions or to schedule your tour of this NUMBER 1 OPPORTUNITY!

***ADDITIONAL INFO courtesy of Jacqui Walker:

- Local Government Area: Toowoomba Regional Council
- Recent General Rates: $1,607.98 net 1/2 yr
- Recent Water Access: $292.59 net 1/2 yr + use
- State School Catchment: Newtown Primary (P-6, 1.4km) & Wilsonton High (7-12, 2.9km)
- Easement: #703026001 24/11/98 burdening the land to LOT 10 on SP113458 over Easement A on SP113458
- Disclaimer: All care taken, however you are encouraged to independently verify all figures and indications.

Property History for 2 Nathan St, Newtown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$600,000
09 May 2024
Listed for Rent
$300/w
28 Aug 2018
  • 09 May 2024
    Sold for $600,000
  • 26 Oct 2020
    Sold for $390,000
  • 25 Feb 2020
    Listed for Sale $399,000
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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 5,365 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:

  • The median value for Houses in Newtown is $558,003 while the median value for Units is $418,976.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 29 properties listed for sale, and 22 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Newtown.

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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.