Sold
8 Hibiscus Way, Newman WA 6753
Sold price: $320,000
Sold: 04 Nov 2022
Sold
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3 Bedrooms
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2 Bathrooms
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2 Cars
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Landsize 241m2
House
View
WORTHY OF ANY PORTFOLIO!! UNDER OFFER
Great rental properties need to be highly desirable to tenants. This property ticks that box. Situated in the Kurra Estate this 3 bedroom 2 bathroom home is highly desired by tenants because of the modern open plan living areas, super low maintenance interior and low maintenance exterior. The additional benefit of split cycle air conditioning is just the icing on the cake. This is a Megara Construction of quality craftmanship, and built from the slab up.
For you as the landlord the 2014 build date will still allow considerable depreciation to be claimed come tax time, and the low maintenance aspect of the property will mean low ongoing maintenance expenses.
The current corporate tenants are paying $650/week which is increasing to $675 very soon. This shows a handsome return and the lease is current until the 27th June 2023.
Features include:
- 3 bedrooms, 2 bathrooms
- Timber look Vinyl flooring throughout
- Split cycle air conditioning throughout
- Open plan kitchen living
- Undercover double carport
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 features
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Air conditioned
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Carports
2
Property snapshot by reiwa.com
This property at 8 Hibiscus Way, Newman is a three bedroom, two bathroom house sold by Doug Shaw at Crawford Realty Newman on 04 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.
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
