New
Added today
11 Gregory Avenue, Newman WA 6753
$519,000
New
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4 Bedrooms
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1 Bathroom
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2 Cars
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Landsize 688m2
House
Added today
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Gilt Edged Investment!
This 4 bedroom home is fully furnished and leased to a long term mining related corporate tenant at a staggering $950/week. The tenant has been in the property for 7 years and the current lease is in place until the 31/12/2026.
The appeal of the property is the "A" grade location and close proximately to Newman's Industrial Estate. The home was extensively renovated prior to the current tenant moving into the property and still presents well. As part of the renovation was a completely new kitchen, the installation of hardwearing tiles to all rooms, new split cycle air conditioning and even a new roof.
Ongoing maintenance should be at a minimum and as an additional bonus is a huge under cover outdoor space that is enjoyed by the occupants.
Property features
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Air conditioned
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Carports
2
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Floor area
138m2
Property snapshot by reiwa.com
This property at 11 Gregory Avenue, Newman is a four bedroom, one bathroom house listed for sale by Brett Philp at Realmark Commercial Pilbara.
For more information about Newman, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Newman profile page.
If you would like to get in touch with Brett Philp regarding 11 Gregory Avenue, Newman, please call 0414 666 676 or contact the agent via email.
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
$515k
Median
$395k
Low end
$345k
This listing
14.7 %
Annual growth
$395k
Annual median sales price
$800pw
Annual median rental price
