Sold
4/23 McLennan Drive, Newman WA 6753
Sold price: $220,000
Sold: 04 Sep 2023
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 211m2
Villa
View
Another Under Offer by Dave Rowe!
Surprisingly Spacious in Handy Location!
Easy care investment property in well maintained complex in a super handy location being just a short drive from Newman CBD and Newman Industrial Area.
Currently leased until November 23 at $450 p/w and a solid 10.5% return with bonus of potentially increasing returns with the same properties in the complex now leasing for $475 - $500 p/w.
The property itself offers a practical floor plan with spacious living area, good size kitchen and dining, a semi ensuite bathroom with the vanity and WC separate from the bath and shower and great size bedrooms.
Further features include:
• 3 bed 1 bath spacious villa
• Separate large lounge area
• Practical kitchen with dining area attached
• Unique semi ensuite bathroom with access from master bedroom and hallway
• Bathroom has vanity and WC separate from shower and bath
• Large master bedroom with walk in robe
• Minor bedrooms are spacious, one with WIR and one with BIR
• Paved alfresco area with shed at rear
• Single carport or double tandem
• Well maintained villa complex
Great investment option that won’t break the bank and offers an excellent opportunity to increase the returns on the next lease renewal.
For further information and inspections call Dave Rowe on 0400 313 566
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
1
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Floor area
102m2
Property snapshot by reiwa.com
This property at 4/23 McLennan Drive, Newman is a three bedroom, one bathroom villa sold by Dave Rowe at Crawford Realty Newman on 04 Sep 2023.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Newman or see other recently sold properties in Newman.
Cost breakdown
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Council rates: $2,200 / year
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Water rates: $730 / year
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Strata fees: $2,600 / 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
$420k
Median
$329k
Low end
$270k
2.7 %
Annual growth
$329k
Annual median sales price
$685pw
Annual median rental price
