Back 3/19A Gladstone Street
Off Market

3/19A Gladstone Street

Newtown QLD 4350

3
1
1
Unit
Last sold for $241,000
John RizqallahJohn Rizqallah, last sold this property on 14 December 2020 after 67 days on market.

Overview

Investors Alert - 6.5% Gross Rental Return or Owner Occupy

Centrally located in Newtown close to a main arterial road giving you access to the city in minutes, but also very close proximity to shops, schools & parks; is this spacious townhouse. As you step thought the front door you are greeted with a very generous living area large enough to fit the biggest of furniture. You then proceed through the dining area which once again is very spacious. The kitchen is fully equipped with electric appliances including a dishwasher, and plenty of cupboard space. Downstairs is then completed with an outdoor area, laundry & 2nd toilet, & lockup garage with internal access. Upstairs has the three bedrooms (main with balcony), a central bathroom with both shower & bath & 2nd separate toilet. There is also a shared gazebo and gas barbeque in the complex ideal for entertaining with family & friends. The unit is currently leased at $285.00 per week, with the tenant leaving on the 5th of November. So this is suited for either an owner/occupier or an investor who can achieve a 6.5% Gross rental return Body Corporate fees $370 per quarter Land Rates $1011.87 & Water Access $304.59 Net half yearly No open houses planned, so call John or Scott now for your private inspection

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Newtown over the last 12 months, the estimated median property value of 3/19A Gladstone Street is $660k.

Median value
$660k
Estimated value range
$535k - $840k
Median days on market
26
Estimated value trend
31%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newtown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/19A Gladstone Street

2020
Sold
$241,000
Private Sale/Treaty on 14 Dec 2020 by John Rizqallah, of York Realty
2014
Sold
Undisclosed
Private Sale/Treaty on 13 May 2014 by Tony Franke, of Ray White Highfields | Toowoomba Range

Happy sellers in Newtown

97%
97% 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 25 reviews in Newtown over the last 12 months.

Local market activity for 3 bedroom units in Newtown

In the last 12 months, 14 three-bedroom units similar to 3/19A Gladstone Street, have been sold.

This represents a 40% increase in three-bedroom units sales when compared to the previous 12 months.

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