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31/1 Cowra Drive, Newman WA 6753

Under Offer
Under offer
  • 2 Bedrooms
  • 1 Bathroom
  • 1 Car
  • Landsize 143m2
Unit

GREAT INVESTMENT WITH GROSS ROI OVER 11%

This 2 bedroom unit is leased at $420 per week until September 2024. Features include a spacious open-plan living area with split system air conditioning keeping your tenants comfortable all year round. New, easy care timber look vinyl flooring in the main living areas enhances the appeal of this property.

Features at a glance:
• Two-bedroom, one bathroom single level brick unit
• Split system air conditioning for optimal comfort
• Open-plan kitchen, dining and lounge room
• Tiled kitchen with new easy care flooring in main living area
• Single vehicle carport plus an additional car parking bay
• Private, paved, and fenced rear courtyard

If you've been looking for a solid, low-risk investment to kick-start or expand your property portfolio, this property is your answer.

Council Rates : $1908 PA
Water Rates : $733.65 PA
Strata Fees : $1787.58 PA
Reserve Fund : $137.52 PA

Call us today on 0402 851853 to arrange a viewing. Your wealth creation journey awaits.

Property features

  • Carports 1
  • Floor area 74m2

Property snapshot by reiwa.com

This property at 31/1 Cowra Drive, Newman is a two bedroom, one bathroom unit 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 31/1 Cowra Drive, Newman, please call 0402 851 853 or contact the agent via email.

Cost breakdown

  • Council rates: $1,908 / year
  • Water rates: $733 / year
  • Strata fees: $1,787 / quarter

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Nearby schools

0.8km
Newman Primary School
  • Primary
  • Government
1.2km
Newman Senior High School
  • Secondary
  • Government
1.3km
Disclaimer

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 $415k
Median $323k
Low end $249k
-2.1 %
Annual growth
$323k
Annual median sales price
$600pw
Annual median rental price

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FAQ's

There are currently no home opens scheduled for 31/1 Cowra Drive, Newman.

You can calculate your mortgage repayments using our mortgage calculator.

The median house price in Newman is $322,500, the median unit price is $185,000.

Nearby schools include Newman Primary School, Newman Senior High School and South Newman Primary School.
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