17a Armstrong Way, Newman is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 369m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Long Term Tenant / 11% Return!
Terrific opportunity to secure a quality modern investment property with a long standing tenant who has been in the property since 2021!
While the tenant has been long term the current lease is in place till December 2024 at $470 p/w which offers an outstanding return of 11%.
The property itself was built in 2009 and consists of 3 bedrooms 2 bathrooms with separate living area, large combined kitchen / dining with the kitchen offering plenty of cupboard space, stainless steel appliances and double fridge recess.
The master bedrooms is complete with large built in robes and ensuite with each of the minor bedrooms also offering built in robes with both being a great size. The main bathroom has a great size vanity, class shower and a separate WC.
Outside you will find a double carport and easy care gardens.
Further features include:
3 bedrooms 2 bathrooms
Spacious living areas
Quality tiling throughout living areas
Ceiling fans and split system air conditioning throughout
Vertical blinds throughout
Easy care 369 m2 block
It's getting harder to find a quality investment property of this nature in the early $200's in Newman and at $220,000 this property offers plenty of value for the astute investor!
For further information and inspections contact Dave Rowe on 0400 313 566.
Disclaimer:
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 27986.7 square kilometres. It has 13 parks. The population of Newman in 2016 was 7238 people. By 2021 the population was 6456 showing a population decline of 10.8% 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 $1000 - $1399 per month on mortgage repayments. In general, people in Newman work in a trades occupation.In 2021, 11.80% of the homes in Newman were owner-occupied compared with 8.60% in 2016.
Newman has 2,891 properties. Over the last 5 years, Houses in Newman have seen a 63.65% increase in median value, while Units have seen a 104.66% increase. As at 30 November 2025:
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