Sold
14/1 Cowra Drive, Newman WA 6753
Sold price: $150,000
Sold: 26 Oct 2022
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
Apartment
View
Investment with 12.6 ROI
This low maintenance unit is perfect to add to any investment portfolio. Currently leased to a company until February 2023 @ $400/week.
The property has 2 bedrooms, an open plan living area, split cycle air conditioning throughout and an ultra low maintenance rear courtyard.
Features Include:
- Corporate lease until February 2023 @ $400.00/week
- Split system air conditioning and ceiling fans
- 2 Bedrooms with built in robes
- Bathroom with shower, toilet, vanity and laundry
- Open plan kitchen dining living area
- Small fully paved courtyard
- Covered parking for one plus additional parking adjacent
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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Carports
1
Property snapshot by reiwa.com
This property at 14/1 Cowra Drive, Newman is a two bedroom, one bathroom apartment sold by Doug Shaw at Crawford Realty Newman on 26 Oct 2022.
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: $1,221 / year
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Water rates: $705 / year
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Strata fees: $1,787 / 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
