Located in the sought-after Fairways Estate in Newman this stunning townhouse at 18/4 Newman Drive is now available for sale.
Boasting 4 bedrooms, 2 bathrooms, and 2 off-street parking spaces, this property is perfect for investors looking to add a high-quality asset to their portfolio.
The townhouse features modern amenities such as an ensuite bathroom, built-in wardrobes, broadband connectivity, timber look vinyl floorboards throughout the living areas, split system air conditioning throughout for year-round comfort and an outdoor area for entertaining guests or relaxing outdoors.
Investors will be attracted to this property due to its excellent rental return potential.
Currently leased until December 14th, 2028 with a weekly rent of $750 which will increase to $772 on December 18th. There is an annual 3% increase built into the lease agreement.
The corporate tenant provides stability and reliability while the rare offering of a 4-bedroom townhouse in the Fairway Estate adds further appeal.
Property Features:
- Ensuite
- Built-in wardrobes
- Broadband
- Floorboards
- Split system air conditioning
- Outdoor area
- Undercover parking
Key Financial Details:
- Weekly rent: $750
Don't miss out on this fantastic investment opportunity in Newman! Contact us today to arrange a viewing and secure your future income stream with this established property in a prime location.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 2 | -m2 | Year 2024 Month 12 Day 18 | - | Council approved | |
 | 0.04 km | 2 | 1 | 75m2 | Year 2024 Month 11 Day 14 | $280,000 | Council approved | |
 | 0.48 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 24 | - | Council approved | |
 | 0.04 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 12 | - | Council approved | |
 | 0.04 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 12 | - | Council approved |