21/4 Newman Drive
Newman, WA 6753

Overview

21/4 Newman Drive, Newman WA 6753

This property at 21/4 Newman Drive, located in the highly sought-after Fairways Estate in Newman, Western Australia, presents an excellent investment opportunity. The residence features four bedrooms and two bathrooms, complemented by two undercover parking spaces, making it an ideal choice for investors seeking a solid and stable asset.

The home is currently leased to a Government agency under a two-year lease agreement, which extends until 31 October 2026, with a weekly rental income of $775. This arrangement offers investors a reliable and attractive rental return. It is anticipated that the tenant will renew the lease, accompanied by a significant rent increase aligned with local market conditions.

Inside, the property boasts easy-care timber-look floorboards throughout, lending an elegant and contemporary feel. The open-plan living area seamlessly connects to a covered outdoor space, perfect for relaxation or entertaining guests.

Residents of Fairways Estate benefit from access to well-maintained common areas featuring barbecue facilities and convenient proximity to local shops and amenities, enhancing the lifestyle appeal of this location.

Property Features:

• Ensuite bathroom
• Ample storage space
• Broadband connectivity
• Timber-look floorboards
• Split system air conditioning
• Covered outdoor entertaining area
• Undercover parking

Key Financial Details:

• Weekly rent: $775
• Lease term until 31 October 2026

This is a rare opportunity to secure a well-maintained investment property with a government tenant in a desirable estate. Interested parties are encouraged to arrange a viewing to explore the potential of this asset.

Location