Sold
17A Armstrong Way, Newman WA 6753
Sold price: $215,000
Sold: 27 May 2024
Sold
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3 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 369m2
House
View
Under Offer by Dave Rowe!
Long Term Tenant / 11% Return!
Terrific opportunity to secure a quality modern investment property with a long standing tenant who has been in the property since 2021!
While the tenant has been long term the current lease is in place till December 2024 at $470 p/w which offers an outstanding return of 11%.
The property itself was built in 2009 and consists of 3 bedrooms 2 bathrooms with separate living area, large combined kitchen / dining with the kitchen offering plenty of cupboard space, stainless steel appliances and double fridge recess.
The master bedrooms is complete with large built in robes and ensuite with each of the minor bedrooms also offering built in robes with both being a great size. The main bathroom has a great size vanity, class shower and a separate WC.
Outside you will find a double carport and easy care gardens.
Further features include:
3 bedrooms 2 bathrooms
Spacious living areas
Quality tiling throughout living areas
Ceiling fans and split system air conditioning throughout
Vertical blinds throughout
Easy care 369 m2 block
It’s getting harder to find a quality investment property of this nature in the early $200’s in Newman and at $220,000 this property offers plenty of value for the astute investor!
For further information and inspections contact Dave Rowe 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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Carports
2
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Floor area
120m2
Property snapshot by reiwa.com
This property at 17A Armstrong Way, Newman is a three bedroom, two bathroom house sold by Dave Rowe at Crawford Realty Newman on 27 May 2024.
Looking to buy a similar property in the area? View other three 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
$325k
Low end
$240k
-0.6 %
Annual growth
$325k
Annual median sales price
$700pw
Annual median rental price
