Sold
22/1 Cowra Drive, Newman WA 6753
Sold price: $145,000
Sold: 03 Mar 2022
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
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Landsize 142m2
Apartment
View
STOP PAYING SOMEONE ELSE’S MORTGAGE OFF….invest in your very own instead!
A good start….
If you are still paying rent in Newman you need to SERIOUSLY consider this opportunity!
22/1 Cowra Drive Newman is a 2x1 brick built apartment which has had a recent renovation including the installation of a brand new top of the range split air conditioner which cools the whole apartment, brand new wood look vinyl flooring throughout the entire property, new paint work, new curtains and a new stove.
Property features include:
• 2 bedroom, one bathroom brick apartment
• Open plan kitchen and living areas
• Ceiling fans throughout the property
• Good sized bathroom with new rain shower head
• Private rear court yard which is fully paved
• 142m2 fenced block
• Single undercover carport and storage shed
• Walking distance to everything Newman has to offer
• Currently leased at $345 per week to a long term happy tenant until June 2022
• Shire Rate per year = $1220.94 per year
• Strata Fees per year = $2196.20 per year
With such a super low entry level price, this property really does offer a great opportunity to STOP PAYING RENT and to turn this into your new home!
Or, if you are a first time Investor and want an entry level priced investment that comes with a happy tenant, then this property is worthy of your consideration, as it currently yields over a 11% return on investment.
This property is ready for you to view today…don't delay, you will be impressed with its size and functionality. Call Sharon now for a private viewing and tour.
Property features
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Air conditioned
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Carports
1
Property snapshot by reiwa.com
This property at 22/1 Cowra Drive, Newman is a two bedroom, one bathroom apartment sold by Sharon Walsh at Hedland First National Real Estate on 03 Mar 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.
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