Positioned in an ultra-convenient Newtown location, this extensively renovated early-1900s property offers a standout dual-income opportunity. Just minutes from the Toowoomba base hospital and CBD, the property offers strong returns and future flexibility for investors or owner-occupiers alike. The property generates $995 per week in rental income and comprises a renovated character home and a fully self-contained two-bedroom granny flat. Main Residence – Character Charm with Modern Comforts The main home offers three spacious bedrooms, each with built-in wardrobes, ceiling fans, smoke alarms, and polished timber flooring. The master bedroom features his-and-her built-ins, while a versatile separate office can serve as a fourth bedroom or a work-from-home space. The air-conditioned living area is light-filled and functional, with LED lighting, ceiling fans, and NBN connectivity. The adjoining kitchen and dining space is well-appointed with a ceramic cooktop, rangehood, dishwasher, pantry, and ample storage. A recently retiled bathroom includes a bath, shower, vanity, and toilet, complemented by a second downstairs toilet. Additional features include an electric hot water system, plus a generous under-house laundry and storage area. Granny Flat Privately positioned, the fully self-contained granny flat offers two bedrooms, both with built-ins and ceiling fans, serviced by a modern bathroom with shower, vanity, and toilet. The open-plan living area is air-conditioned and flows to a well-equipped kitchen featuring timber benchtops, quality appliances, a dishwasher, and ample cabinetry. Vinyl plank flooring runs throughout for low-maintenance living. Externally, the granny flat includes a fully fenced private yard, Single carport accommodation, and its own washing line. Currently rented at $460 per week, it represents a strong and reliable income stream. Outdoor & Additional Features • Double carport with remote-controlled garage door to the main house • Side access with long driveway for additional parking • Private backyard with maintained gardens • Large under-house storage (ideal for tools and equipment) • Fresh external paintwork • Upgraded power system and NBN connected Located within close proximity to schools, public transport, hospitals, and everyday amenities, this is a rare opportunity to secure a high-performing asset in a tightly held location. Invest, occupy, or maximise returns – the choice is yours. GENERAL RATES: $1,469.10 per half-year WATER RATES: $377.40 per half-year For more information, don't hesitate to get in touch with Paddy on 0428 795 535 or paddy.ryan@ngurealestate.com.au
RealistIQ deal score
Neutral value signal
14
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 275 James Street, Newtown before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is close to RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $673,000 - $1,131,000Wider ranges mean more uncertainty.
RealistIQ estimate$902,000
Market price guide$899,000
$673,000$1,131,000
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
