3/8 Hilditch AvenueNewman WA 6753
Property Details for 3/8 Hilditch Ave, Newman
Last Listing description (May 2024)
Hedland First National are pleased to list this commercial strata unit for sale, as not often do such properties in a central location in Newman become available.
This is a very attractive package. Property leased on a two year lease, with a further 2 year option. ROI - 11 %
Situated in the midst of busy Hilditch Avenue walk through strip, surrounded by various commercial/light industrial enterprises, this versatile commercial property is very well positioned within the Newman CBD and is a short distance to all three shopping centres.
With approximately 73sqm of office space, this property has a practical layout complete with two separate air conditioned offices and separate reception/waiting area, complete with a light and bright kitchenette.
Property features:
- Approx 73sqm office
- Fully air conditioned
- Reception/waiting area
- Two individual offices
- Kitchenette
- Well maintained and positioned
- Shared amenities
- Centrally located in the Newman CBD
- Current 2 Yrs Lease plus 2 Year Option in place
- Rent Review dates annually
Investment opportunities like this don't come around very often, call Helen Farrell on 0417 428 667 for lease details / strata information and to discuss this opportunity further.
Property History for 3/8 Hilditch Ave, Newman, WA 6753
- 23 Apr 2024Sold for $170,000
- 13 Jun 2023Listed for Rent $23,777 / year
- 06 Jun 2022Listed for Rent $24,089 / month
Recent sales nearby
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0About Newman 6753
The size of Newman is approximately 27986.7 square kilometres. There are 13 parks within the area. 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 2,893 properties. Over the last 5 years, Houses in Newman have seen a 38.08% increase in median value, while Units have seen a 128.91% increase. As at 31 July 2026:
- The median value for Houses in Newman is $420,295 while the median value for Units is $350,059.
- Houses have a median rent of $838 while Units have a median rent of $638.
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