SOLD
RECENT ADVICE
Sold on 05 Sep 2024 for $2,400,000

72 Woodstock Street
Newman WA 6753

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2967m2
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Property Details for 72 Woodstock St, Newman

Building Type
Commercial
Land Size
2967m2
Local Government
East Pilbara
Lot/Plan
1571/P218312

Last Listing description (December 2024)

Available to occupy or invest, this quality Newman industrial property features two modern, high quality workshops along with 2 bedroom caretakers accommodation plus a wash bay. Positioned on a 2967m2 compact cracker dust site, securely fenced with double gates to Woodstock Street, in the heart of Newman's industrial area, this property is a rare diamond in the current tightly held market.Main workshop is approx. 460m2 with 3 phase power. Internal ground floor office/showroom area of approx. 60m2 and open mezzanine above. Vehicle entry is via 2x full height doors and 2x three quarter height roller doors. On the mezzanine is a partially colourbond clad sea container, fitted with split system air conditioning. Rear workshop of approximately 210m2 features two full height sliding doors and three phase power. 2x rear openings adjoining transportables and an adjoining wash bay.Onsite accommodation is available with a two-bedroom caretakers dwelling featuring modern bathroom/laundry, split system air conditioning and combined kitchen/dining/lounge room, with covered central breezeway.For owner occupiers, vacant possession is an option. The property is currently occupied by King Kira, who are interested in remaining in the property for investor buyers. Investor buyers expect 10% net returns.Feature summary:- Compact 2967m2* securely fenced site- 2 workshops, washbay & caretakers- 460m2* workshop, internal office 60m2*- 4 entry doors, 3 phase power, mezzanine- 210m2* workshop with 3 phase- Two full height doors, adjoining wash bay- 2 bed, 1 bathroom caretaker accommodation- Occupy or invest, investors expect 10% net- Super rare Newman Industrial offering*approximateContact Realmark Commercial Pilbara's Commercial and Industrial Specialist Eliza Mearns on 0416 048 929 today.

Property History for 72 Woodstock St, Newman, WA 6753

A timeline of how this property has performed in the market
Last Sold
$2,400,000
05 Sep 2024
  • 05 Sep 2024
    Sold for $2,400,000
  • 26 Aug 2024
    Listed for Sale $2,495,000 gst free
  • 21 Sep 2000
    Sold for $240,000
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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 2,882 properties. Over the last 5 years, Houses in Newman have seen a 67.32% increase in median value, while Units have seen a 125.02% increase. As at 30 November 2024:

  • The median value for Houses in Newman is $307,144 while the median value for Units is $235,560.
  • Houses have a median rent of $650 while Units have a median rent of $450.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Newman on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Newman.

Suburb Insights for Newman 6753

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.