Reiwa Reiwa
18/4 Newman Drive, Newman WA 6753

18/4 Newman Drive, Newman WA 6753

Sold price: $400,000
Sold
Sold: 24 Dec 2024

4 Bedrooms

2 Bathrooms

2 Cars

Landsize 401m2

Townhouse

Contact the agent

Doug Shaw

0402851853

Newman First National


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

  • Carports 2
  • Floor area 155m2

Nearby schools

Newman Primary School Primary Government 0.9km
Newman Senior High School Secondary Government 1.2km
South Newman Primary School Primary Government 1.2km
Jigalong Remote Community School Combined Government 107.8km
Nullagine Primary School Combined Government 167.8km
Paraburdoo Primary School Primary Government 210.0km
Tom Price Primary School Primary Government 210.6km
Tom Price Senior High School Secondary Government 210.7km
North Tom Price Primary School Primary Government 212.3km
Marble Bar Primary School Combined Government 243.0km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4858229