Sold
1/6 Arika Place, Newman WA 6753
Sold price: $195,000
Sold: 04 Dec 2023
Sold
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2 Bedrooms
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2 Bathrooms
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1 Car
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Landsize 103m2
Unit
View
Another Under Offer by Dave Rowe!!
Secure Investment 12% returns!!
This ground floor 2 bedroom 2 bathroom apartment offers the perfect investment and a unique opportunity to enter the Pilbara investment market at a price that we doubt you will see again!
Modern low maintenance living properties of this quality are highly sought after in the Newman leasing market and the perfect accommodation option for any company to house two workers in luxury.
Currently leased to a local engineering company at $450 p/w till April 2024 and offering excellent return in the vicinity of 12%!!
With a large open plan living space there is room to move with two large bedrooms with built in robes, the front bedroom has an ensuite and the rear bedroom is opposite the second bathroom. Split system air conditioners heat and cool the property with vinyl plank flooring throughout adding to the low maintenance nature of the property.
Outside is a private alfresco area with a storeroom, the only unit in the complex with an internal storeroom and the convenience of the carport parking space being right in front of the front door!
Further features include:
• 2 bedroom, 2 bathroom ground floor apartment
• Open plan kitchen, dining and living area
• Convenient, comfortable kitchen with plenty of storage
• Double sized bedrooms with built-in robes
• Large bathrooms with quality fittings
• Private courtyard
• Single carport and storeroom
• Appealing well maintained complex
Don’t miss the opportunity to buy into Newman under $200k, with an improving leasing and sales market the time is now!
For further information and inspections call Dave on 0400 313 566
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
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Air conditioned
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Carports
1
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Floor area
668m2
Property snapshot by reiwa.com
This property at 1/6 Arika Place, Newman is a two bedroom, two bathroom unit sold by Dave Rowe at Crawford Realty Newman on 04 Dec 2023.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Newman or see other recently sold properties in Newman.
Cost breakdown
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Council rates: $1,670 / year
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Water rates: $733 / year
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Strata fees: $4,013 / 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
$329k
Low end
$270k
2.7 %
Annual growth
$329k
Annual median sales price
$685pw
Annual median rental price
