SOLD
Sold on 23 Apr 2024 for $170,000

3/8 Hilditch Avenue
Newman WA 6753

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 73m2
Land area: 73m2
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Sold By
Helen Farrell
Hedland First National Real Estate
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Property Details for 3/8 Hilditch Ave, Newman

Building Type
Commercial
Year Built
1970
Floor Size
73m2
Land Size
73m2
Local Government
East Pilbara
Lot/Plan
3/S008274

Last Listing description (May 2024)

Hedland First National are pleased to list this commercial strata unit for sale, as not often do such properties in a central location in Newman become available.

This is a very attractive package. Property leased on a two year lease, with a further 2 year option. ROI - 11 %

Situated in the midst of busy Hilditch Avenue walk through strip, surrounded by various commercial/light industrial enterprises, this versatile commercial property is very well positioned within the Newman CBD and is a short distance to all three shopping centres.

With approximately 73sqm of office space, this property has a practical layout complete with two separate air conditioned offices and separate reception/waiting area, complete with a light and bright kitchenette.

Property features:

- Approx 73sqm office
- Fully air conditioned
- Reception/waiting area
- Two individual offices
- Kitchenette
- Well maintained and positioned
- Shared amenities
- Centrally located in the Newman CBD
- Current 2 Yrs Lease plus 2 Year Option in place
- Rent Review dates annually

Investment opportunities like this don't come around very often, call Helen Farrell on 0417 428 667 for lease details / strata information and to discuss this opportunity further.

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Property History for 3/8 Hilditch Ave, Newman, WA 6753

A timeline of how this property has performed in the market
Last Sold
$170,000
23 Apr 2024
Listed for Rent
$414/w
02 Aug 2023
  • 23 Apr 2024
    Sold for $170,000
  • 13 Jun 2023
    Listed for Rent $23,777 / year
  • 06 Jun 2022
    Listed for Rent $24,089 / month
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About Newman 6753

The size of Newman is approximately 27,986.7 square kilometres. It has 13 parks. The population of Newman in 2011 was 9,086 people. By 2016 the population was 7,242 showing a population decline of 20.3% in the area during that time. The predominant age group in Newman is 30-39 years. Households in Newman are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Newman work in a machinery operators and drivers occupation. In 2011, 18.6% of the homes in Newman were owner-occupied compared with 8.6% in 2016.

Newman has 2,884 properties.

    There are currently 18 properties listed for sale, and 14 properties listed for rent in Newman on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Newman.

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