Reiwa Reiwa
34/1 Cowra Drive, Newman WA 6753

34/1 Cowra Drive, Newman WA 6753

Sold price: $193,500
Sold
Sold: 02 Sep 2024

2 Bedrooms

1 Bathroom

2 Cars

Landsize 143m2

Unit

Contact the agent

Casey Dwyer

0559951337

Crawford Realty Newman


Amazing 11.5% Return!

Investing doesn’t get much easier than this terrific two bedroom one bathroom property situated in an excellent location only a short distance from all of Newman’s essential services and a gross return of 11.5%!!

With a current lease in place at $440 p/w till 15 February 2025 and offering solid return of around 11.5%, the figures make as much sense as the location.

The property offers spacious living with a good size and practical kitchen, great size bedrooms with built in robes and a spacious bathroom. Outside includes a private alfresco area, single carport and extra parking space.

Further features include:

• Two bedroom one bathroom
• Very well maintained property
• Good size living areas
• Double built-in robes to each bedroom
• Quality carpet and tiling
• Split system air conditioning
• Easy to maintain with no lawns / gardens
• Great complex very well maintained
• Excellent location / handy to all major facilities

A terrific set and forget investment, the location and maintenance free nature of these properties are always popular in the Newman leasing market.

For further information and inspection call the Newman Sales Team

Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Any referenced return on investment is a gross return and is approximate. Prospective buyers should view the property before making their decision.

Property features

  • Carports 2
  • Floor area 73m2

Cost breakdown

  • Council rates: $2,200 / year
  • Water rates: $730 / year
  • Strata fees: $2,090 / quarter

Nearby schools

Newman Primary School Primary Government 0.8km
Newman Senior High School Secondary Government 1.2km
South Newman Primary School Primary Government 1.3km
Jigalong Remote Community School Combined Government 106.2km
Nullagine Primary School Combined Government 166.9km
Paraburdoo Primary School Primary Government 211.7km
Tom Price Primary School Primary Government 212.0km
Tom Price Senior High School Secondary Government 212.1km
North Tom Price Primary School Primary Government 213.7km
Marble Bar Primary School Combined Government 242.5km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4835060