Back 186 Russell St
Off Market

186 Russell St

Newtown QLD 4350

7
3
4
1012 m²
Block of units
Last sold for $1,475,000
Helen AustinHelen Austin, last sold this property on 16 April 2026 after 19 days on market.

Overview

Renovated Newtown Triplex Delivering $1,405 Weekly Rental Income, Set-and-Forget Investment.

186 Russell Street, Newtown presents a high-performing investment opportunity in a prime, amenity-rich location close to cafes, parks, everyday essentials, and walking distance to the CBD. This renovated triplex comprises three well-designed units, including a spacious three-bedroom residence with two car spaces, plus two additional two-bedroom units, each including single car accommodation. Currently generating a combined rental return of $1,405 per week, the property delivers immediate, reliable income with quality tenants already in place. An ideal addition for investors seeking strong cash flow, multiple income streams, and a proven asset in a consistently sought-after location. Features include: All bedrooms are carpeted and include fans and built-in wardrobes Split-System air-conditioning installed in all 3 units Units 1 & 2 offer tiled flooring, while unit 3 has modern hybrid flooring Private courtyards for each separate unit On a generous 1,012m² lot Unit 3 has a large backyard Additional information: General Rates: $2,855.43 net per half year approx. Water Access Charge: $377.40 net per half year approx. Current Rent: Unit 1 - $460 per week, Unit 2 - $465 per week, & Unit 3 - $480 per week. Rented until September 2026 Inspect by private appointment! Please note: Austin Brookman Property's representatives have relied on information provided by others and made all reasonable efforts to ensure its accuracy. However, prospective buyers should conduct their own enquiries to verify all details.

Features

7 bedrooms
3 bathrooms
4 carspaces
1012 m² lot size
Block of units

Estimated Value

We need at least 3 similar 7 bedroom block of units sold in Newtown over the last 12 months.

Property history for 186 Russell St

2026
Sold
$1,475,000
Private Sale/Treaty on 16 Apr 2026 by Helen Austin, of Helen Austin Property
2019
Sold
Undisclosed
27 May 2019 by Khudbuddin Syed

Happy sellers in Newtown

98%
98% of sellers in Newtown reported that their sale price either exceeded or met their price expectations.

Newtown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Newtown over the last 12 months.

Local market activity for 7 bedroom block of units in Newtown

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