Sold
3 Snappygum Street, Newman WA 6753
Sold price: $435,000
Sold: 27 Jul 2023
Sold
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4 Bedrooms
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4 Bathrooms
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2 Cars
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Landsize 246m2
House
View
Under Offer by Dave Rowe!
12% - 13% Returns / Future Proof Investment
Unbelievable investment opportunity with one of the highest ROI's in the Newman market today!
With a uniquely Pilbara floorplan this property offers everything a bustling mining company could want for their staff accommodation as well as being situated in the quiet “Kurra” Estate only moments from the centre of town.
This property offers four individual self contained units under the main roof. Each unit has kitchen, living area, ensured bedroom and all lead to their own outdoor entertaining with an alfresco area and balcony on the upper level, perfect for shared company accommodation!
Currently leased to a multi national corporate client at $1,100 p/w till April 2024 with the potential to deliver 12% - 13% ROI, incredible return for an investment property!
Other features include:
• Two level executive style home
• Two self-contained units on each level
• Total of four ensuited bedrooms with BIR
• Oversize master bedrooms units included kitchenettes / living space
• Second bedroom units on each level has own kitchen / dining / living area
• Split A/C system and ceiling fans
• Outdoor living for each self-contained unit
• Double carport with long drive for extra vehicle parking
• Semi furnished for company convenance
• Low maintenance block ideal for investment
• Located in the popular after “Kurra Estate”
Investments properties in Newman don’t get much better than this!
Contact Dave Rowe on 0476 998 938 for further information and inspections.
Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Prospective buyers should view the property before making their decision. Any referenced return on investment is a gross return and is approximate.
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
195m2
Property snapshot by reiwa.com
This property at 3 Snappygum Street, Newman is a four bedroom, four bathroom house sold by Dave Rowe at Crawford Realty Newman on 27 Jul 2023.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Newman or see other recently sold properties in Newman.
Cost breakdown
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Council rates: $2,300 / year
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Water rates: $733 / year
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Strata fees: $2,400 / quarter
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
$395k
Median
$321k
Low end
$244k
-3.5 %
Annual growth
$321k
Annual median sales price
$575pw
Annual median rental price
