SoldOct 8, 2014

18 McDowall Street, Newtown, QLD, 4350

$249,900

2
1
2
802 m²

House

30+ days on the market

Sold: Oct 8, 2014

What's around 18 McDowall Street

Reduced - Investment - Best Returns

Situated a stone's throw from the race track this home is a unique investment for the savvy buyer. A good sized block in growth suburb of Newtown, featuring neat and tidy 2 bedroom home with raked ceilings, gas heating and covered entertaining. Now here is the twist, the property comes complete with 6 powered stables with their own day yard, jockeys room or office plus tack and feed room. A rare find that offers returns above anything available in this price range. The house and stable are rent appraised at $400 per week. Zoned in the racing precinct, the savvy investor could again look forward to the future development of this block.... Just 2 doors away 3 duplex units are under construction. Trainer upsizing or downsizing? Also the ability for you to move straight in... Fully fenced Close transport and major shopping centres

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