This original BHP Built home offers a unique opportunity, the home is leased until January 2023 at $500/week to long term tenants. Your options are to collect the high return until the lease expires and simply re-lease the property or when the lease expires take on a renovation and call it home or collect significantly higher rental income.
The home itself boasts a good sized lounge and dining area and there is an additional meals area next to the open plan style kitchen. For the family there are 4 bedrooms providing plenty of room for the family.
An additional bonus is the very large storage shed in the rear garden providing plenty of space for all of your stuff.
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.
This property at 30 Forrest Avenue, Newman is a four bedroom, one bathroom house sold by Brett Philp at Crawford Realty Newman on 30 Aug 2022.
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.
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.