4/240 Bridge StreetNewtown QLD 4350
Property Details for 4/240 Bridge St, Newtown
4/240 Bridge St, Newtown is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 121m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (September 2022)
This private townhouse which is positioned towards the rear of the complex in a convenient Newtown location central to all amenities including the CBD, shopping centres, parks, medical centres and public transport, is the ideal 'set and forget' property for the investor looking for a low maintenance property with great depreciation and a rental appraisal of up to $340per/week (Currently leased to a great long term tenant for $300per/week until late November 2022).
Very nicely finished throughout, downstairs offers an air-conditioned and open plan living and dining room with ceiling fans that opens directly onto the private courtyard with covered alfresco area, a large modern kitchen with breakfast bar and electric appliances including dishwasher, third toilet with powder room and a single lockup remote garage with internal access. Heading upstairs, you will find two great sized built-in bedrooms with ceiling fans with both bedrooms featuring their own stylish ensuite bathrooms with shower, vanities and toilet. The ensuite to the main bedroom is extra-large in size boasting a huge vanity and shower.
Located second from the end in a small complex of 5 units, this modern unit that was built in 2015 and in 'as new' condition throughout is a not to be missed if you are wanting to purchase a modern investment property in a convenient Newtown location.
- Two good sized carpeted built-in bedrooms, both with ceiling fans
- Ensuite bathrooms to both bedrooms, main with huge vanity and shower
- Large kitchen with breakfast bar, electric appliances including dishwasher
- Open plan and air-conditioned living and dining room with ceiling fans
- Single lockup remote garage with internal access, 3rd toilet with power room
- Private/fenced courtyard with off living room with covered alfresco area
- Located second from the end in a small complex of only 5 units
- Great tenant in place until late November 2022 paying $300per/week
- Good depreciation on offer, rent appraised at up to $340per/week
- Central to CBD, shopping centres, medical centres, parks and transport
- Competitive body corporate fees of $500.00net per quarter
Property History for 4/240 Bridge St, Newtown, QLD 4350
- 25 Aug 2022Sold for $332,000
- 21 Apr 2022Listed for Sale Offers from $320,000
- 16 Nov 2021Listed for Sale $290,000
Recent sales nearby
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0About 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 5,401 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.
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