4/5 Trotman Ave, Newman is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 66m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Modern Apartment / 11% Returns!Rare opportunity to secure a modern furnished apartment in the heart of Newman and only a short walk to the center of town.Currently on a corporate lease at $500 p/w to February 2024 the apartment offers strong returns around the 11% mark, with the current tenant being in place since 2019!The upstairs apartment features open plan living, dining and kitchen which leads to an undercover balcony. The double sized bedroom offers large built in robe with mirrored doors and a great size ensuite bathroom.As well as the covered patio area outside you have a single car bay and store room.Further property features include:- 1 Bedroom 1 Bathroom- Good size living area for single / couple- Practical kitchen with plenty of cupboard space- Double size bedroom with ensuite- Quality furnishings- Hardwearing vinyl plan flooring- Split system air conditioning throughout- Covered balcony area- Cary bay and storeroomThese apartments are always popular on the leasing market due to their location and easy maintenance free living, this is a great addition to any investment portfolio or a perfect investment starter!For further information or inspections call Dave on 0400 313 566Disclaimer: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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