32/4 Newman Drive
Newman, WA 6753

Overview

32/4 Newman Drive, Newman WA 6753

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

The home is currently leased to a Government agency under a two-year lease agreement until 31 October 2026, with a weekly rent of $775. This lease arrangement offers investors a reliable income stream, with expectations of lease renewal and a substantial rent increase aligned with local market conditions.

Inside, the property boasts easy-care timber-look floorboards throughout, adding a touch of elegance and practicality. The open-plan living area flows seamlessly to a covered outdoor space, perfect for relaxation or entertaining guests.

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

Key property features include:

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

Financial highlights for investors:

• Weekly rental income of $775
• Lease secured until November 2026

This townhouse offers a compelling investment proposition in a desirable location with secure tenancy and attractive features, making it a valuable addition to any property portfolio.

Location