Sold

28 Wallace Street,
Newtown 4350, Queensland

3 bedrooms
1 bathroom
6 car spaces
1,012m² land size
House

$728,000


Property details

Huge Potential in Newtown's Best Pocket-MUST SELL AT AUCTION-Fire Damaged Home with Huge Potential

Discover huge potential in this prime Newtown location. While the home has suffered some fire damage - including the bathroom being fully affected - the property is ripe for renovation or redevelopment. The rear of the home is still in salvageable condition, offering a solid starting point for your vision.

Set on a substantial 1,012 m2 block, with two large sheds (approx. 6-car accommodation), this blank canvas is perfect for builders, investors or buyers looking to create their dream home. Positioned in a peaceful street surrounded by established homes, and close to schools, shops, and parks, this is a rare opportunity to capitalize on land value in a thriving growth corridor. Concept plans are available to help shape your next move.

Key Highlights:

• Fire-damaged home with opportunity for major renovation or rebuild
• Near-flat, gently sloping block
• 1012 m2 (approx.) of prime land
• Two large sheds, ideal for storage or workshop space
• Fantastic location in sought-after Newtown
• Ideal for builders, developers, or investors
• Concept plans available
• Close to schools, shops, and parks
• Bring your vision and transform this property into something truly special.

Rates Approximately $1,734.01 per half year
Water Access Rates Approximately $377.41 per half year

AUCTION DETAILS:
17th February 2026 from 6.00pm
Ray White Toowoomba, 580 Ruthven Street

Can't attend in person? Watch the auction online!

https://raywhitetoowoomba.com/watch-our-auctions-live

Explore the area


School catchments

  • Newtown State School Primary Prep-6 Government 0.18km
  • Our Lady of Lourdes Primary School Primary Prep-6 Catholic 0.41km
  • The Glennie School Combined Prep-12 Independent 0.50km
  • St Mary's College Combined 5-12 Catholic 0.64km
  • Toowoomba North State School Primary Prep-6 Government 1.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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