311 Bridge Street, Newtown, Qld 4350

A rare opportunity in the heart of Newtown. 311 Bridge Street is a versatile property offering strong rental returns with even greater potential for future development. Comprising a 5-unit complex and a 4-bedroom residence, this property is ideal for investors seeking immediate income and long-term growth.

With a current potential rental return of $2,100 per week, this asset is already performing, but the potential to convert bottom garages into additional 2-bedroom units could increase returns to $2,900 per week. Additionally, the option to subdivide or strata-title the complex creates further value and flexibility.

The property's generous parking capacity is a standout feature, with a double lock-up garage for the residence and room for up to six cars within the unit complex garage - ensuring convenience for both residents and future tenants.

This property is just moments from St Andrews Hospital and Wilsonton Shopping Centre. Newtown Park offers green space for recreation, while a bus stop on the street and a service station on the corner ensure easy transport and daily essentials are always within reach. 

Highlights:
•	A 5-unit complex and a 4-bedroom residence
•	Strong rental income with potential to reach $2,900 per week through strategic upgrades
•	Ample parking
•	Separately metered for water, gas, and electricity
•	Potential to strata-title

With multiple income streams and endless possibilities for expansion, 311 Bridge Street is an investment opportunity not to be missed. Whether you choose to hold, develop, or reconfigure, this property is primed for outstanding returns. Reach out to agent Joshua Williams today.