Sold
51/4 Newman Dve, Newman WA 6753
Sold price: $365,000
Sold: 11 Dec 2024
Sold
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3 Bedrooms
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2 Bathrooms
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1 Car
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Landsize 200m2
Villa
View
GOVERNMENT TENANT
Are you looking for a fabulous investment opportunity in Newman, WA? Look no further!
This home at 51/4 Newman Drive is now available for sale.
With 3 bedrooms, 2 bathrooms, plus 1 under cover and 1 off-street parking space, this property is perfect for anyone looking to secure a solid investment.
This home is leased to a Government agency until February 2026 at $750 per week with a rent review due February 2025, makes it a very attractive option for investors seeking stable rental income.
Easy-care timber look floorboards throughout add a touch of elegance and the open plan living space leads out to a covered outdoor area perfect for relaxing or entertaining.
Located in the very sought after Fairways Estate which offers a great common area with barbecues and easy access to shops and amenities
Property Features:
- Ensuite
- Good storage space
- Broadband
- Timber look floorboards
- Split system air conditioning
- Covered outdoor area
- Undercover parking
Key Financial Details:
- Weekly rent: $750
- Leased until February 2026
Don't miss out on this rare opportunity – schedule your viewing today!
Property features
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Carports
1
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Floor area
109m2
Property snapshot by reiwa.com
This property at 51/4 Newman Dve, Newman is a three bedroom, two bathroom villa sold by Doug Shaw at Newman First National on 11 Dec 2024.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Newman or see other recently sold properties in Newman.
Cost breakdown
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Council rates: $2,720 / year
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Water rates: $751 / year
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Strata fees: $420 / quarter
Nearby schools
Newman overview
Newman is a mining company townsite in the Pilbara region, 1184 kilometres northeast of Perth. The townsite was gazetted in 1972 after the Mount Newman Mining company developed a large iron ore mine at Mount Whaleback. The townsite is named after the nearby Mount Newman, a 1055 meter high mountain in the Ophthalmia Range.
Mount Newman was named by the surveyor W F Rudall in 1896, "in honour of our late leader". Newman was Aubrey Woodward Newman, the original leader of the survey party carrying out surveys in the neighbourhood of the Ophthalmia Range in 1896. He contracted typhoid fever at Peak Hill and, too ill to continue, was later returned to Cue where he died on May 24th, 1896.
Newman quick stats
High end
$420k
Median
$360k
Low end
$310k
9.1%
Annual growth
$360k
Annual median sales price
$850pw
Annual median rental price