Sold
8/1 Cowra Drive, Newman WA 6753
Sold price: $148,000
Sold: 24 Jun 2022
Sold
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2 Bedrooms
-
1 Bathroom
Apartment
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Do the Numbers!
Investment proprieties don't come much better than this.
This popular Villa has been recently refurbished throughout and is currently leased until March 2023 at $395.00/week. The refurbishment was completed with long term low maintenance costs in mind and included the fitment of hard wearing vinyl planks through out the living area, commercial grade carpets to the bedrooms, a new bathroom which included new tiling, cabinetry and upgraded fittings and there were new split cycle air conditioners fitted throughout.
With gross rental income exceeding $20 000.00 per year, any investor should consider this property.
- Rented until March 2023
- $395.00/week
- Vinyl planks to living areas
- Carport
- Renovated Bathroom
- Split system air-conditioning
- Carpets to bedrooms
- New blinds throughout.
- Rear Courtyard
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.
Property snapshot by reiwa.com
This property at 8/1 Cowra Drive, Newman is a two bedroom, one bathroom apartment sold by Brett Philp at Crawford Realty Newman on 24 Jun 2022.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Newman or see other recently sold properties in Newman.
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
$415k
Median
$323k
Low end
$249k
-2.3 %
Annual growth
$323k
Annual median sales price
$575pw
Annual median rental price
