Sold
7a Nimingarra Drive, Newman WA 6753
Sold price: $390,000
Sold: 14 Nov 2022
Sold
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3 Bedrooms
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1 Bathroom
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3 Cars
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Landsize 815m2
House
View
Dual Key Investment Properties Returning $950 per week
An excellent opportunity to add this dual key / two dwelling on one Title property, achieving a whopping $950 per week. With quality tenants in place this will bring you an ROI of approximately 10%.
Both dwellings were constructed by Thermal Comfort Homes in 2012 with quality fittings and fixtures throughout, open plan living areas, spacious quality kitchens and spacious bedrooms all with built in robes (sliding with mirrors). Quality split air-conditioners throughout both houses with a brand-new hot water unit fitted to 7b.
Features:
- 2 x houses both 3 three bedrooms - one title = 2 x rental income
- Constructed 2012
- Stylish kitchens with quality appliances
- Three bathrooms (total)
- Open plan living and dining spaces
- Large courtyards with alfresco areas
- Multiple carports and lockable storage unit to 7a.
- Gross rent $950 per week
- Council Rates $2250 pa (approx.)
- Water Rates $1100 pa (approx.)
With no sign of a slowing market, this could be a great chance to invest in one of the Pilbara's most important towns, surrounded by some of the world's largest Iron Ore mines.
For further information call today 0418 881 152.
Property features
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Carports
3
Property snapshot by reiwa.com
This property at 7a Nimingarra Drive, Newman is a three bedroom, one bathroom house sold by Liesa Leddick at Century 21 River Residential on 14 Nov 2022.
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: $2,000 / year
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
$325k
Low end
$240k
-0.6 %
Annual growth
$325k
Annual median sales price
$700pw
Annual median rental price
