38/4 Newman Dr, Newman is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 200m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Cracking Little Investment!
This 2 bedroom property offers an excellent addition to any investment portfolio from the low maintenance nature of the property to the excellent location, it ticks a lot of investment boxes.
Located in the sought after and very popular "Fairways Estate", the property is only short walk to Newman's CBD precinct and on the doorstop of the popular bush walks around Radio Hill and the local water tanks.
In excellent condition with open living areas, good size kitchen, timber look flooring to the living areas for easy care and all cooled by split system air conditioning.
Currently leased at $575 per week until October 2023 to a strong WA based earthmoving company.
Features include:
- 2 Bedrooms both with built in robes
- Open plan living areas
- Modern kitchen with ample storage and pantry space
- Quality finishes and fitting throughout
- Easy-care modern wood look flooring to all living areas and bedrooms
- Split system air-conditioning throughout
- Single carport
- Private courtyard at rear
- Low maintenance gardens
- Parkland with barbecue facilities within estate
Just simply an excellent investment option in a location that is always sought after by the leasing market and will prove a wise addition to your portfolio.
For further in formation and inspections call Dave on 0400 313 566
Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Any referenced return on investment is a gross return and is approximate. Prospective buyers should view the property before making their decision.
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 2,881 properties. Over the last 5 years, Houses in Newman have seen a 91.94% increase in median value, while Units have seen a 106.85% increase. As at 31 October 2024:
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