This exceptional property presents a rare opportunity for investors, developers, and astute buyers alike. Set on a generous parcel of land, the site comes with Development Approval (DA) already approved for subdivision into two allotments, offering immediate potential to capitalise.
Currently, the property features a well-maintained 3-bedroom, 1-bathroom home, providing comfortable living or a solid holding income while you plan your next move. The residence is tenanted and generating $670 per week, ensuring strong cash flow from day one.
Whether you choose to retain the existing home, subdivide and build, or develop both allotments, the flexibility and upside here are undeniable. Opportunities with approvals already in place are increasingly rare, saving you time, cost, and uncertainty.
Key Features:
DA approved subdivision into 2 allotments
Existing 3-bedroom, 1-bathroom dwelling
Rental income of $670 per week
Strong investment and development potential
Ideal for developers, investors, or land bankers
Secure a property that offers both immediate returns and future growth potential.
Disclaimer:
All information provided has been obtained from sources deemed reliable; however, we cannot guarantee its accuracy and accept no responsibility for any errors or omissions. Interested parties should make their own independent enquiries and obtain their own legal, financial, and professional advice.
Any development potential, including subdivision and Development Approval (DA), is subject to council consent and all relevant statutory approvals. Prospective purchasers should rely on their own investigations and verify all details with the relevant authorities.
The property details, including land size, floor plans, rental returns, and boundaries, are approximate and provided as a guide only. Neither the agent nor the vendor makes any representation or warranty as to the accuracy of the information.
Disclaimer:
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
The size of Newton is approximately 2.2 square kilometres. It has 13 parks covering nearly 6.6% of total area. The population of Newton in 2016 was 4787 people. By 2021 the population was 5117 showing a population growth of 6.9% in the area during that time. The predominant age group in Newton is 20-29 years. Households in Newton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newton work in a professional occupation.In 2021, 71.20% of the homes in Newton were owner-occupied compared with 70.60% in 2016.
Newton has 2,708 properties. Over the last 5 years, Houses in Newton have seen a 97.74% increase in median value, while Units have seen a 97.55% increase. As at 30 April 2026:
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