18/4 Newman Drive, Newman WA 6753
$400,000
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4 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 401m2
Townhouse
View
QUALITY INVESTMENT
Located in the sought-after Fairways Estate in Newman this stunning townhouse at 18/4 Newman Drive is now available for sale.
Boasting 4 bedrooms, 2 bathrooms, and 2 off-street parking spaces, this property is perfect for investors looking to add a high-quality asset to their portfolio.
The townhouse features modern amenities such as an ensuite bathroom, built-in wardrobes, broadband connectivity, timber look vinyl floorboards throughout the living areas, split system air conditioning throughout for year-round comfort and an outdoor area for entertaining guests or relaxing outdoors.
Investors will be attracted to this property due to its excellent rental return potential.
Currently leased until December 14th, 2028 with a weekly rent of $750 which will increase to $772 on December 18th. There is an annual 3% increase built into the lease agreement.
The corporate tenant provides stability and reliability while the rare offering of a 4-bedroom townhouse in the Fairway Estate adds further appeal.
Property Features:
- Ensuite
- Built-in wardrobes
- Broadband
- Floorboards
- Split system air conditioning
- Outdoor area
- Undercover parking
Key Financial Details:
- Weekly rent: $750
Don't miss out on this fantastic investment opportunity in Newman! Contact us today to arrange a viewing and secure your future income stream with this established property in a prime location.
Property features
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Carports
2
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Floor area
155m2
Property snapshot by reiwa.com
This property at 18/4 Newman Drive, Newman is a four bedroom, two bathroom townhouse listed for sale by Doug Shaw at Newman First National.
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 Doug Shaw regarding 18/4 Newman Drive, Newman, please call 0402 851 853 or contact the agent via email.
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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