New
Added 1 day ago
25A Knox Way, Newman WA 6753
295000
New
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5 Bedrooms
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3 Bathrooms
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3 Cars
House
Added 1 day ago
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HAVE YOUR CAKE AND EAT IT TOO!
Are you looking for an exciting investment opportunity in Newman, WA? Look no further! This property located at 25A Knox Way is now available for sale. With 5 bedrooms, 3 bathrooms, a double garage, and 2 off-street parking spaces, this property offers ample space and comfort for potential buyers. The Ensuite bathroom, built-in wardrobes, air conditioning, garage, outdoor area, and undercover parking add to the appeal of this fantastic property.
Investors will be drawn to this property due to its excellent return on investment of 13.66% gross. The current rental income from the fully furnished 4-bedroom home with ensuite leased at $450 per week until April 2025 and the additional 1-bedroom unit rented at $325 per week until October 2024 make this a lucrative opportunity.
Property Features:
- Ensuite
- Built-in wardrobes
- Air conditioning
- Garage
- Outdoor area
- Undercover parking
Key Financial Details:
- Weekly rent: $775
Don't miss out on this incredible investment opportunity. Contact us today to arrange a viewing or find out more information.
Property features
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Garages
1
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Carports
2
Property snapshot by reiwa.com
This property at 25A Knox Way, Newman is a five bedroom, three bathroom house 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 25A Knox Way, Newman, please call 0402 851 853 or contact the agent via email.
Cost breakdown
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Council rates: $3,372 / year
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Water rates: $751 / year
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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
$395k
Median
$321k
Low end
$244k
-3.5 %
Annual growth
$321k
Annual median sales price
$575pw
Annual median rental price