26/367-369 Margaret Street, Newtown QLD 4350

Property Details: • Type: House

• Bedrooms: 2 • Bathrooms: 1

Description: Positioned in a highly sought-after pocket of Newtown, this exceptional investment property offers the perfect blend of location, stability, and long-term return potential. This well-maintained upper level unit features: - 2 spacious bedrooms with built-in wardrobes - 1 good sized bathroom - Undercover car space - Air-con in both bedrooms & lounge room - Security screens on windows and doors - Enjoy a lovely balcony ideal for entertaining and spending quality time with family and friends An outstanding opportunity for savvy investors, the property is currently tenanted by long-term occupants on a secure lease until January 2027, providing immediate and reliable rental income from day one. Set within a well-presented complex, the apartment is just minutes away from local shops, cafes, public transport, and essential amenities, making it a consistently desirable choice for tenants. Key Features include: - Proven rental performance with long-term tenants in place - Low-maintenance investment in a blue-chip location - Strong demand area ensuring ongoing rental appeal - Ideal addition to any property portfolio Current Rental appraisal: $480 per week for when the current lease ends *Currently leased until the 30th January 2027 @ $430 per week. *Body Corp fees $630 per quarter *General rates: $1,341.01 net per half year after discount for paying on time. *Water rates: $377.40 net per half year after discount for paying on time plus consumption. Whether you're expanding your investment portfolio or securing your first income-producing property, this is an opportunity not to be missed. Contact Rhiannan to view this amazing unit today!