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Another property under offer with Dave Rowe!
Rare Dual Key Investment / 11.5% Returns!
Fantastic floorplan specifically designed for a local company to house two of their workers separately under the main roof, a popular option and always sought after in any leasing market
This cleverly designed property is dual key providing two separate residences with individual entries for privacy and security. The occupants share a laundry, storeroom and alfresco with each unit offering all the comforts for a great Pilbara lifestyle.
Currently leased to long standing local logistics company at $550 p/w till March 2024 and offering a strong return in the vicinity of 11.5%.
Features include:-
• Two 1 bedroom apartments under main roof
• Living area, kitchen, bedroom and bathroom in each unit
• Shared laundry, alfresco and storeroom
• Split system air conditioning throughout
• Single carport with extra parking bay for second unit
• Low maintenance gardens provide an easy-care lifestyle
•Great location in the Kurra Estate
A perfect little investment that offers a savvy investor the perfect set and forget Pilbara investment!
Contact Dave Rowe on 0400 313 566 for further information and inspections.
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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Carports
1
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Floor area
93m2
Property snapshot by reiwa.com
This property at 16 Spinifex Street, Newman is a two bedroom, two bathroom house sold by Dave Rowe at Crawford Realty Newman on 13 Nov 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: $2,096 / year
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Water rates: $735 / year
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Strata fees: $2,398 / 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
$395k
Median
$321k
Low end
$244k
-3.5 %
Annual growth
$321k
Annual median sales price
$575pw
Annual median rental price
