26/367-369 Margaret Street

Newtown QLD 4350

Positioned in a highly sought-after pocket of Newtown, this exceptional investment property offers the perfect blend of location, stability, and long-term return potential.This well-maintained upper level unit features:- 2 spacious bedrooms with built-in wardrobes- 1 good sized bathroom- Undercover car space- Air-con in both bedrooms & lounge room- Security screens on windows and doors- Enjoy a lovely balcony ideal for entertaining and spending quality time with family and friendsAn outstanding opportunity for savvy investors, the property is currently tenanted by long-term occupants on a secure lease until January 2027, providing immediate and reliable rental income from day one.Set within a well-presented complex, the apartment is just minutes away from local shops, cafes, public transport, and essential amenities, making it a consistently desirable choice for tenants.Key Features include:- Proven rental performance with long-term tenants in place- Low-maintenance investment in a blue-chip location- Strong demand area ensuring ongoing rental appeal- Ideal addition to any property portfolioCurrent Rental appraisal: $480 per week for when the current lease ends*Currently leased until the 30th January 2027 @ $430 per week.*Body Corp fees $630 per quarter*General rates: $1,341.01 net per half year after discount for paying on time.*Water rates: $377.40 net per half year after discount for paying on time plus consumption.Whether you're expanding your investment portfolio or securing your first income-producing property, this is an opportunity not to be missed.Diamond Award Winner at 2026 First National AwardsRhiannan can provide you with a market update with ease!