3 Corunna Way

Newman WA 6753

Having a total current rental return of 11% ($3346.50 per week) from established long term corporate tenants who are wanting to stay on. With considerable further rental increases expected this year, the current rental market would return at least 13.5% ($3900pw)... making this property the Newman Cash Cow!
You have two houses on the one 871sqm title. A solid, neat and well presented 3x1 on the front and a near new 2011 built 3x2 on the rear. Both are kept in great condition, have air conditioning, good parking and under cover patios.
The property is so easy to manage that our agency has been doing it for the current owner from Perth... and you could too. The front 3x1 is leased until 26th May 2012 and the rear 3x2 is leased until 18th September 2012, to the one corporate tenant.
Plus as if this property was not attractive enough, there is still good money to be made for the new owner if completing the strata subdivision of the property.
Well located in the established area of Newman, a short drive to town centre, opposite public open space.
The Newman Cash Cow will not last at market long, so for more details or to arrange an inspection, phone Jarrad Mahon now on 0403 659 753.
Additional feature/s - Built-In Wardrobes.