165 Russell StreetNewtown QLD 4350
Property Details for 165 Russell St, Newtown
Last Listing description (February 2023)
STRICT 2 WEEK SALE DEADLINE - Incredibly rare, this 137m2 health care services premises on the Toowoomba City Fringe is situated on a large 713m2 block a solid on site car parking allocation and street parking at the front of the premises.
The property will be secured by a 3 year lease for $45,000 + Outgoings + GST (On Settlement) making this a solid investment at 6.7% Net Yield.
The property features:
- 137m2 air-conditioned premises
- Large reception / waiting area
- 2 surgery rooms
- Additional storage spaces / office and lab areas
- Kitchen / Staff Room
- 2 toilets and a shower
- 5+ onsite car parks and additional street parking
With a tenant in place, this property has value now and into the future!
Please note that there are STRICT CONDITIONS on this sale are noted below:
NO finance
15 days building and pest
No other conditions.
To arrange an inspection or for more information contact Drew Camm DC Commercial on 0432 055 250 | drew@dccommercial.com.au
Property History for 165 Russell St, Newtown, QLD 4350
- 12 Oct 2022Listed for Rent $40,000 / year
- 28 Sep 2022Listed for Sale $670,000
- 22 Mar 2022Listed for Sale Offers Over $595,000
Recent sales nearby
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About Newtown 4350
The size of Newtown is approximately 5.5 square kilometres. There are 15 parks, covering nearly 15.4% of the 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 5,426 properties. Over the last 5 years, Houses in Newtown have seen a 126.90% increase in median value, while Units have seen a 149.89% increase. As at 30 June 2026:
- The median value for Houses in Newtown is $773,378 while the median value for Units is $647,343.
- Houses have a median rent of $540 while Units have a median rent of $450.
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