**This property is currently LEASED until March 2026. As a result, inspection times are restricted and a minimum of 48 hours’ notice is required for entry. Buyers seeking to owner occupy should speak with their broker / accountant about stamp duty implications on this purchase. **
Rich in heritage character and nestled in one of Toowoomba’s most desirable inner-city pockets, 178 Russell Street, Newtown is a striking home that blends timeless charm with modern comfort. Fully renovated approximately five years ago and lovingly maintained since, this property offers a rare opportunity to secure a move-in-ready residence surrounded by a neighbourhood of beautifully restored homes.
Positioned on a generous block with side access to a powered 3-bay shed, and set among homes reflecting strong owner-occupancy rates, this property is the perfect entry into the Newtown market — or an ideal downsizer for those unwilling to compromise on style or location.
CHARACTER & CHARM
[:] Pressed metal ceilings in the front living area offer a nostalgic nod to the home's original era.
[:] Renovated throughout, the home retains its much of its character while offering the modern conveniences today's buyers expect.
[:] Neutral tones, vinyl plank floor coverings, and traditional proportions make this home warm and welcoming.
[:] A north-facing bay window in the master bedroom provides natural light and a beautiful outlook year-round.
[:] The home office (or fourth bedroom conversion) presents an opportunity to reopen the original front verandah and enhance the home's street appeal.
BEDROOMS & STUDY
[:] Three generously sized bedrooms, each with options to add an ensuite later if desired.
[:] Fourth bedroom / media at the rear of the home provides options for larger families.
[:] The master bedroom features a bay window with gorgeous northerly aspect
[:] The separate study at the front of the home is ideal for remote work or could be converted back to a sunroom or opened to the original verandah.
LIVING & LAYOUT
[:] The option of two separate living spaces provide flexible family functionality — rare for character homes in this price point.
[:] The central kitchen and dining zone creates a relaxed gathering point for everyday meals or entertaining guests.
[:] Ceiling fans throughout ensure comfort in the warmer months, with split system air conditioning present in both living rooms.
[:] Updated flooring and paintwork give the interiors a fresh, low-maintenance feel.
KITCHEN & BATHROOM
[:] The modern kitchen features ample storage and bench space, with stainless steel appliances and an open-plan layout.
[:] The bathroom includes a full-size shower and separate bath, quality fittings, and a practical layout.
[:] Laundry space is conveniently located with easy access to the rear yard.
YARD, SHED & PARKING
[:] Side vehicle access leads directly to a large 3-bay Colorbond shed — 2 bays for parking and 1 for workshop or storage use.
[:] Power is connected to the shed, offering flexibility for hobbyists or home business needs.
[:] Ample room at the front of the property to add a carport (subject to approvals).
[:] Low-maintenance yard with scope for further landscaping or vegetable gardens.
LOCATION HIGHLIGHTS
[:] Surrounded by beautifully restored homes, 178 Russell Street enjoys a strong owner-occupier community.
[:] 350M to St Ursula's College, Less than 500m to Newtown State School and only 4 minutes to The Glennie School.
[:] 3 minutes to Grand Central Shopping Centre and 4 minutes to Clifford Gardens Shopping Centre.
[:] Close proximity to local parks, cafes, and Toowoomba CBD, including the iconic Laurel Bank Park.
[:] Positioned on a quiet, tree-lined stretch of Russell Street — a well-known corridor for premium renovations and capital growth.
INVESTOR INFORMATION
[:] Currently leased until 27.03.2026 on a fixed term tenancy - rent information available on request.
[:] Council rates of $1,293.06 nett half yearly (after 10% pay on time discount), water access charge of $335.75 nett half yearly (after 10% pay on time discount).
[:] Current rental valuation of $620 - $650 per week.
[:] Management fees of $2,837.12 per annum + advertising expenses as required (based on $620 per week).
This is more than just a home — it’s an opportunity to invest in the Newtown lifestyle. Whether you’re downsizing, upsizing, or simply looking for a character home that’s already been tastefully modernised, this one ticks the boxes. For more information or to arrange a private inspection, contact Luke on 0413 400 567.
DISCLAIMER: All information provided in this advertisement is gathered from sources deemed reliable; however, Briq Property does not guarantee its accuracy and recommends interested parties conduct their own investigations. Dimensions, fixtures, features, and inclusions are provided as a guide only and may be subject to change. Prospective buyers should rely on their own due diligence, including independent legal and financial advice, before making any decisions. Any reference to schools, amenities, or travel times is approximate and should be independently verified.