73 Taylor Street, Newtown, QLD 4350 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Offers from $1,500,000

73 Taylor Street
Newtown QLD 4350

Bedrooms: 6
Bathrooms: 6
Car spaces: 6
Land area: 1338m2
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Hassle-Free, High-Demand Investment on the CBD Fringe!

Perched right on the edge of the CBD in a highly sought-after pocket of Newtown on a large 1,338m2 allotment, 'Gresham Flats' is the kind of set and forget investment everyone hunts for but rarely finds where convenience meets unbeatable rental appeal.
With permanent tenancy demand, unbeatable convenience, and a solid weekly return of $1,560 with scope to increase, this property delivers both cashflow and long-term growth in a single, low-maintenance package.
With all units offering classic charm alongside practical liveability, unit 1's layout comprises of a separate lounge and dining room, kitchen, built-in bedroom, bathroom with shower over bathtub and outside laundry, unit 2 a large separate lounge and dining room, kitchen, bedroom, large study/small 2nd bedroom, bathroom with shower over bathtub and internal laundry, while units 3 to 6 all comprise of a lounge room, eat-in kitchen, bedroom, large study/small 2nd bedroom, bathroom with shower over bathtub and internal laundry. Every tenant also enjoys their own carport and a shared grassy outdoor space.
Just steps to St Ursula's College, moments from parks, cafés, the bowls club and an easy stroll to the city centre, it's no wonder these units are always snapped up quickly with high occupancy guaranteed.
Affordable, central and consistent, this is a rare opportunity to secure a character complex on the CBD fringe with dependable income and outstanding growth upside, having the option to increase rental yields in the property's current condition, or greatly increase with renovations.
- 'Gresham Flats', 6 x 1 x bedroom timber flats returning a combined income of $1,560per week
- Units 2 to 6 all offer large studies or small 2nd bedrooms, with unit 2 offering a separate dining
- Set on a large 1,338m2 allotment, each tenant has their own carport and shares grassed yard
- Situated on the fridge of the CBD opposite St Ursula's College, minutes to parks and city centre
- High occupancy guaranteed, opportunity to greatly increase rental income with renovations
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Property Details for 73 Taylor St, Newtown

73 Taylor St, Newtown is a 6 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 1338m2. The place is currently for sale with myhouse realty Toowoomba .

Building Type
BlockOfUnits
Land Size
1338m2
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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 2016 was 9596 people. By 2021 the population was 10039 showing a population growth of 4.6% 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 professional occupation.In 2021, 50.30% of the homes in Newtown were owner-occupied compared with 52.30% in 2016.

Newtown has 5,399 properties. Over the last 5 years, Houses in Newtown have seen a 126.15% increase in median value, while Units have seen a 112.76% increase. As at 30 November 2025:

  • The median value for Houses in Newtown is $696,896 while the median value for Units is $553,623.
  • Houses have a median rent of $520 while Units have a median rent of $445.
There are currently 32 properties listed for sale, and 28 properties listed for rent in Newtown on OnTheHouse. According to Cotality's data, 284 properties were sold in the past 12 months in Newtown.

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Michael Brown
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myhouse realty Toowoomba
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