21A Grange Road Newtown, 4305 QLD
Repair + Reap Rewards
Let's cut the fluff and get straight to the point. This pre-war home built in 1920 is a renovators dream. With it's sentimental character and location it is beaming with potential. The proud owners of this rare find understand it's lucrative capability however due to personal reasons, do not have the time to put in the TLC it deserves. Hence why, whoever secures this opportunity is one fortunate person/s.
According to CoreLogic (Australian real estate analytics provider), the median property price for Newtown in June 2021 was $429,000. Since January 2021 property prices in Newtown have increased on average, by 3.5% month after month. As settlement dates vary, analytics are only provided up to June 2021. However going by the analytics, you can see that if the average price of properties in the first half of 2021 increased, on average, by 3.5% every month, than the lucrative capability of investing in this property AND area is blatantly clear. Now that you have an idea of your potential return from this property, let's take a closer look at the love it needs.
The property is mostly on adjustable steel stumps however due to movement, is in need of releveling.
Sold $350,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Josie Smith