24 MullaMulla Street, Newman, WA 6753

Strong Returns / Unique Floorplan

Looking for a unique investment with strong corporate tenant and returns in the vicinity of 11.5%?? Well we have found the prefect property for you……….

Purpose built for the corporate leasing market this 5 bedroom 5 bathroom property is a rare find in the Newman market and offers security and growing returns to the savvy investor.

The property has had the same strong multinational corporate tenant in place for the past 5 years with the current lease due for renewal in April 2024 and a current rental income of $1200 p/w!

The layout has always proven popular with corporate tenants with each double sized bedroom having their own ensuite and with enough room for televisions it really is like the occupants have their own studio apartment.

Communal living area with large kitchen, separate powder room and laundry complete the unique practical layout.

Features include:

• 5 ensuited double sized bedrooms
• Large shared open plan living / dining
• Spacious and practical galley style kitchen
• Separate powder room off living areas
• Large shared laundry with walk in linen
• Two of the bedrooms have direct access to rear yard
• Low maintenance gardens and secure rear yard
• Double carport with plenty of extra parking
• Large storeroom under main roof off carport
• Executive location in the Kurra Estate

With a long term tenant in place, strong returns and well under replacement value this property is really a no brainer for any investment portfolio.

For further information or inspections call Dave 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.