39 Thurlow St, Newmarket is a 8 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 1214m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
High land content, city views and excellent returns.
Positioned in a quiet side street in the sought-after suburb of Newmarket, this well maintained block of 6 flats offers an exceptional opportunity for investors. Set on a generous 1214m block, the property features:
2 x 2-Bedroom flats: Each flat includes 1 bathroom, 1 carport, and modern kitchens and bathrooms for contemporary living. These larger units are perfect for couples or small families.
4 x 1-Bedroom flats: Each featuring 1 bathroom, 1 carport, and a modern, well-appointed kitchen. These flats are ideal for professionals, students, or singles seeking a comfortable living space.
City Views: The front flats offer city views, providing a rare bonus.
Rental Return: Currently generating a combined rental return of $1,895 per week, this property presents strong cash flow potential for investors.
Ample Land Size: With a total land area of approximately 1209m, there is room for future development or potential for further value-add opportunities.
This block of flats is in a highly desirable location, close to transport links, schools, shops, and all the amenities Newmarket has to offer. Whether you're looking for a stable rental income or exploring future growth potential, this property is a fantastic addition to any investment portfolio.
Contact us today to arrange an inspection!
The size of Newmarket is approximately 1.7 square kilometres. There are 10 parks, covering nearly 9.3% of the total area. The population of Newmarket in 2016 was 4979 people. By 2021 the population was 5083 showing a population growth of 2.1% in the area during that time. The predominant age group in Newmarket is 20-29 years. Households in Newmarket are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newmarket work in a professional occupation.In 2021, 52.00% of the homes in Newmarket were owner-occupied compared with 46.80% in 2016.
Newmarket has 2,509 properties. Over the last 5 years, Houses in Newmarket have seen a 49.39% increase in median value, while Units have seen a 95.31% increase. As at 31 August 2026:
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