Sold
1/15 Mindarra Drive, Newman WA 6753
Sold price: $165,000
Sold: 06 Aug 2021
Sold
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1 Bedroom
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1 Bathroom
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1 Car
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Landsize 58m2
Unit
View
Do the Math!!
With a current lease in place at a staggering $450/week this apartment shows an amazing return. With vacancy rates falling and rents rising get on board now as Newman enters its next upswing on the back of renewed vigor from the mining sector.
This ground floor 1 bedroom apartment is fully furnished and was only completed in 2012, so its good condition and modern decor makes it attractive to tenants. The location which is within meters of the Newman primary school, walking distance to the CBD and hospital only enhances the appeal to tenants ensuring strong demand from tenants in the long run.
To make this property even more appealing is the well managed strata with low ongoing fees.
Current lease in place expiring 28th September 2021 at $450 p/wk.
Features include:
- Fully furnished
- 1 Bedroom
- 1 Bathroom
- Split system air conditioning
- Wood style flooring throughout
- Neutral decor
- One car space
- Quiet complex of only 8 units
Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Prospective buyers should view the property before making their decision.
Property features
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Air conditioned
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Carports
1
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Floor area
42m2
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Patio
Property snapshot by reiwa.com
This property at 1/15 Mindarra Drive, Newman is a one bedroom, one bathroom unit sold by Brett Philp at Crawford Realty Newman on 06 Aug 2021.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Newman or see other recently sold properties in Newman.
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
$329k
Low end
$270k
2.7 %
Annual growth
$329k
Annual median sales price
$685pw
Annual median rental price
